Founded in 1893 as Toledo, Ohio franchise in the minor Western League, the Red Sox became an American League affiliated franchise in 1900. Originally they were identified as the Boston Somersets after their original proprietor, Charles W. Somers. After the minor Western League was dissolved, the team became the possession of Henry J. Kililea and was identified as the Boston Pilgrims. The franchise won their first AL flag in 1903 and also the coveted World Series title. The following season they didn’t let their spirits dampen and won another pennant, but NL champion Giants manager, John McGraw due to his animosity with AL founder, Ban Johnson, declined to compete against them. In 1905, the team acquired the moniker of Boston Puritans. In 1907, the team eventually became the Red Sox as chosen by owner John I. Taylor. The name is based on the old-fashioned form of socks since the team wears red colored sox. Prior to that, the team was also addressed as “the Bostons” or “the Boston Baseball club.” The Sox are placed in the Eastern division of the American League and became one of the most flourishing team in the first quarter of the 20th century. From 1903 through 1918 Babe Ruth, Cy Young and Tris Speaker helped the club to win six AL flags and five Fall Classic titles. Pitcher Babe Ruth was a boon for the team leading the league in wins, shutouts, complete games, and earned run average (ERA). In 1920 he was traded to the New York Yankees and became the greatest power hitter of the game. The Yankees gain was undoubtedly the Red Sox loss and also the onset of the greatest rivalry between the two professional clubs. The trade is also recognized as the “Curse of the Bambino” since the Red Sox failed to win the Fall Classic title after the exile of their star player. They even finished last in the AL nine times from 1922 to 1932. Outfielder Ted Williams due to his meticulous playing skills became one of the finest hitters in the history of baseball and the last major league contender to accumulate a batting average of .400 or greater in a single season. He along with Rogers Hornsby of the Cadinals is the only player to win the Triple Crown twice. He also lead the league in hitting, home runs, and runs batted in (RBIs) in the same season. Cy Young notched various major-league career records including the most wins, most innings pitched, and most complete games. In his honor, the confederacy of major league established the Cy Young Memorial Award, presented every year to each league’s best pitcher. The 1961 season saw the debut of Carl Yastrzemski ("Yaz"). He is best known for his hitting skills particularly in the decade, which was lucrative for the Red Sox in pitching. In 1967 the team received its famous moniker “impossible Dream”, since it finished the season in ninth place. Yaz led the team to the World Series and won the American League Triple Crown and put on one of the greatest displays of hitting. The Red Sox became the last team of major league in 1971 to transcend the legacy of racial expulsion after drafting infielder Pumpsie Green up from the minors. In 1959 Jackie Robinson broke the league's color barrier by joining the Brooklyn Dodgers. In 1975 the Red Sox played in the most exciting World Series. Catcher Carlton Fisk in the 12th inning of game 6 hit a home run and rolled on to a series-tying victory over the Cincinnati Reds. The same season Fred Lynn became the first player to be named rookie of the year and most valuable player (MVP). In 1999, the Red Sox created history after competing against the Yankees in the post-season play, but unfortunately delivered terrible scores. The club is currently owned by John Henry and Tom Werner, who paid $660 million for its proprietorship. Fenway Park and 82 percent of New England Sports Network is also a part of this deal. The Red Sox are second-highest paid team in MLB after the New York Yankees. The team’s talisman is Wally the Green Monster, named after the physical Green Monster and their insignia is two hanging red colored socks imposed over a white baseball with words Boston and Red Sox printed over it. The team’s home ballpark is Fenway Park located in Boston, Massachusetts, and the players wear jersey of white, red, and blue.