The New York Yankees baseball franchise was purchased in 1903 and officially renamed in 1913 after moving stadiums. A pivotal moment was acquiring Babe Ruth from the Red Sox in 1920, fueling great success. The Yankees have won 27 World Series championships, with construction of Yankee Stadium beginning in 1922 and hosting their first games there in 2009 after moving to a new stadium. Legendary players who led the Yankees include Babe Ruth, Lou Gehrig, Mickey Mantle, Joe DiMaggio, Derek Jeter, and Mariano Rivera.