Conversation so far:
What did McGinnity do later in life?
McGinnity purchased the Newark Indians of the Class-A Eastern League (EL) for $50,000 ($1,361,852 in current dollar terms) in 1909 from Frank J.
Farrell.
Did the team do well?
That season, he had a 29-16 record.

Question: Did he own the team the rest of his life?
Self-contained rewrite: Did Joe McGinnity  own the Newark Indians team the rest of Joe McGinnity's life?