The JRY Trust (originally JRY Corporation) was an American
trust
Trust often refers to:
* Trust (social science), confidence in or dependence on a person or quality
It may also refer to:
Business and law
* Trust law, a body of law under which one person holds property for the benefit of another
* Trust (bus ...
that owned the
Boston Red Sox
The Boston Red Sox are an American professional baseball team based in Boston. The Red Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. Founded in as one of the American League's eight ...
franchise within
Major League Baseball
Major League Baseball (MLB) is a professional baseball organization and the oldest major professional sports league in the world. MLB is composed of 30 total teams, divided equally between the National League (NL) and the American League (AL), ...
(MLB) from 1992 through 2001. JRY were the initials of
Jean R. Yawkey
Jean Remington Yawkey (January 24, 1909 – February 26, 1992) was the wife of Tom Yawkey and owner of the Boston Red Sox from 1976 to her death in 1992.
Biography
Jean Yawkey was born Jean Hollander in Brooklyn, New York. She grew up in Freeport ...
, who had ownership of the team, in part or in whole, from the July 1976 death of her husband,
Tom Yawkey
Thomas Austin Yawkey, born Thomas Yawkey Austin (February 21, 1903 – July 9, 1976), was an American industrialist, philanthropist, conservationist and Major League Baseball executive. Born in Detroit, Yawkey became president of the Boston Red S ...
, until her own death in February 1992.
Following the death of Mr. Yawkey, the team was legally owned by his estate, and Mrs. Yawkey succeeded him as team president.
[ A purchase of the team from the estate of was approved by the ]American League
The American League of Professional Baseball Clubs, known simply as the American League (AL), is one of two leagues that make up Major League Baseball (MLB) in the United States and Canada. It developed from the Western League, a minor league ...
in May 1978, resulting in each of Mrs. Yawkey, Haywood Sullivan
Haywood Cooper Sullivan (December 15, 1930 – February 12, 2003) was an American college and professional baseball player who was a catcher, manager, general manager and club owner in Major League Baseball. From May 23, 1978, through Novembe ...
, and Buddy LeRoux
Edward Guy "Buddy" LeRoux Jr. (August 17, 1930 – January 7, 2008) was an American businessman, best known for his time as a general partner of the Boston Red Sox from May 1978 through March 1987.
Early life
A native of Woburn, Massachusett ...
having a one-third controlling interest in the team as general partners. JRY Corporation was created to hold legal ownership of the team. Following a failed attempt by LeRoux to take control of the team during the 1986 season, LeRoux sold his interest to Mrs. Yawkey in March 1987.[ Upon Mrs. Yawkey's death in February 1992, her holdings passed into the trust. Sullivan retained his interest until being bought out in November 1993.]John W. Henry
John William Henry II (born September 13, 1949) is an American businessman and investor and the founder of John W. Henry & Company, an investment management firm. He is the principal owner of Liverpool Football Club, the Boston Red Sox, ''The B ...
and his group of investors, New England Sports Ventures
Fenway Sports Group Holdings, LLC (FSG), is an American multinational sports holding conglomerate who own Major League Baseball's Boston Red Sox, Premier League club Liverpool F.C., and the National Hockey League's Pittsburgh Penguins.
FSG wa ...
(later known as Fenway Sports Group
Fenway Sports Group Holdings, LLC (FSG), is an American multinational sports holding conglomerate who own Major League Baseball's Boston Red Sox, Premier League club Liverpool F.C., and the National Hockey League's Pittsburgh Penguins.
FSG wa ...
), with the sale becoming official in February 2002.
References
{{Boston Red Sox owners
Major League Baseball owners
Boston Red Sox owners
1992 establishments in Massachusetts