The faltering Baltimore club was purchased in 1903 by Frank Farrell and Bill Devery and relocated to New York, first to Hilltop Park (1903–12), one of Manhattan's highest points, giving rise to the moniker New York Highlanders. After two more seasons at Hilltop Park, they moved on to be replaced by another new team named after themselves. The original New York Yankees franchise was founded in 1903 by Farrell and Devery as an American League (AL) club. The AL had six teams when it began play in 1901, and the owners of these defunct clubs decided to merge their teams with a group from Baltimore led by John McGraw that included future Hall of Famers George Wright and Christy Mathewson. The new league team was to be called the New York Highlanders, but since no such team had yet been formed in Baltimore, the surviving clubs agreed to let each of them use "Yankees" for one season while they looked for another nickname. In the end, only the New York club used this name in 1903, so it is they who can claim pre-eminence as the true originators of the term. The Baltimore club was renamed the New York Yankees in 1904 when they moved into their new stadium, which had been built specifically for them by McGraw out in Bronxville.