It was a significant part of whatever the franchise was called. The only thing that remained unchanged in the team’s name is the city of Cleveland. He is still the principal owner of the club. In 2000, Larry Dolan bought the Cleveland Indians for $320 million from Jacobs brothers. In 1986, the franchise was sold to real estate magnates Richard and David Jacobs for $35 million. Constant ownership changes continued in the second half of the XX century: Vernon Stouffer (1966-1972), Nick Mileti (1972-1975), Ted Bonda (1972-1978), and Steve O’Neill (1978-1983). In 1901-1916, the club was owned by Charles Somers, but financial problems forced him to sell it to a railroad contractor Jim Dunn, who ran the franchise until 1927. The club got its current name in 1915 and has not changed it since then.įrequent changes in ownership caused such a mess with the names. The latest was in use for a rather long period, until 1914. In 1901, the franchise was renamed the Cleveland Bluebirds, the Cleveland Broncos (1902), and Cleveland Naps (1903). After moving to Cleveland in 1900, the club had to change its name to the Cleveland Lake Shores.
Though it is considered that the team was established in 1901, de facto it originated in 1984 as the Grand Rapids Rustlers. The club is a member of the American League Central Division of Major League Baseball.
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The Cleveland Indians are a professional baseball team from Cleveland, Ohio.