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Frazee bought the Red Sox from Joseph Lannin in 1916 for about $ 500, 000.
The Sox won a World Series title in 1918.
The team finished in sixth in 1919, and after the 1919 season Frazee started selling players to the New York Yankees, most notoriously Babe Ruth.
Yankee owner Jacob Ruppert was a personal friend, as well as the only owner Frazee could deal with after the Black Sox Scandal left the White Sox tarnished.
Then he left the Red Sox in bankruptcy while continuing to make theatre productions.
After the sale of Ruth, the team crashed into the American League cellar and would not finish above. 500 until 1934.
The Red Sox would not win another pennant until, and would not win another World Series until 2004, the third longest drought in MLB history.

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