Clipping:Spalding buys out the PL Chicago Club
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| Date | Saturday, November 15, 1890 |
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| Text | President A. G. Spalding, of Chicago, put at rest all doubt as to the future of his immediate rival by closing a deal yesterday morning [11/13] for the purchase of the Chicago Players' League Club. The negotiations were begun in Pittsburg by ex-President McAlpin and Mr. Addison, and were concluded yesterday morning by wire, F. G. Robinson, of the New York Club, acting as intermediary. The minor details of the deal are, of course, to be settled later, but the price has been accepted. It is said to be $20,000. The Sporting Life November 15, 1890 President Addison, of the local [Chicago] Players' League, got home from Pittsburg yesterday [11/13] . He said that he had sold the club to the National League people for $25,000 in cash and $15,000 in stock, the negotiations having been conducted through J. Palmer O'Neill and ex-President McAlpin, of the New York Players' Club. The Sporting Life November 15, 1890 [reporting the PL meeting 11/12] Addison, of Chicago, claimed to be a much-disgusted man over the turn affairs had taken and stated that he would now look out for himself and have nothing more to do with the Players' League, whose capitalists could be turned from a well-defined and settled purpose in an hour and lured into another conference with the enemy, which could only result in more “throw-downs” for somebody. He declined to go East and left for Chicago in the afternoon with a view to accepting the terms Spalding had offered him through Col. McAlpin. The Sporting Life November 15, 1890 [reporting the NL meeting of 11/12] While the League was in session a dispatch from Col. McAlpin at Pittsburg, it is said, was received by A. G. Spalding stating that the Chicago Players' League Club could be bought outright for $25,000. Mr. Spalding informed the meeting that he would give $15,000 toward such a purchase. The Boston people agreed to pay their share of the balance if the other League clubs did likewise. It was stated after the meeting that the League had decided to break up the Players' League, to buy out Chicago and Cleveland, force Philadelphia into the American Association and strand the Boston Club. The Sporting Life November 15, 1890 The Chicago deal was completed last Saturday and the club will be turned over to Mr. Spalding by Mr. Addison. For some reason no injunction was issued by Secretary Brunell, of the Players' League, although he had been ordered so to do by President Prince. Recourse to the law is, however, still open to the Players' League, it is claimed, should the latter decide to go on, an most improbable contingency. … Twenty-five thousand dollars in cash is the amount to be handed over to Addison and his partners for everything in sight and for their withdrawal from the base ball business. He was also given, it is authentically stated, $15,000 worth of stock in the new club at New York. The gift of the New York stock to Addison is practically a settlement with Spalding, for Spalding and his brother own all the League end of the New York reconstructed club. The Sporting Life November 29, 1890 |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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