950 New York Yankees Black/Black The New York Yankees are an American professional baseball team based in the New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. The Yankees are one of two Major League clubs based in New York City; the other is the New York Mets. The club began play in the AL in the 1901 season as the Baltimore Orioles (not to be confused with the modern Baltimore Orioles.) Frank Farrell and Bill Devery purchased the franchise (which had ceased operations) and moved it to New York City, renaming the club as the New York Highlanders. The Highlanders were officially renamed as the "Yankees" in 1913.