Henry Gabriel Murphy (19032001) was an American businessman, sportsman and Major League Baseball club owner. From June 1950 through April 1984, he was a minority stockholder in the Washington Senators/Minnesota Twins franchise of the American League.

Based on that paragraph can we conclude that this sentence is true?
The American League of baseball existed for a period of time that coincided with the life of a certain man who lived ninty-eight years.
Yes