According to MLB's official historian, John Thorn, the current New York Yankees franchise was not the Baltimore Orioles that existed in 1901 and 1902. His quote:
"We discussed this at length when we did the first edition of our new encyclopedia in 2004. IIRC, the deciding factor was that the Baltimore franchise went bust during the season and was turned over to the league. After the season, the league then sold a new franchise to investors in New York City. We felt that wasn't really a relocation or a transfer; it was simply filling the gap in the league that was opened when the Orioles' franchise disintegrated.
Of the 39 players who appeared for Baltimore in 1902, only five appeared for New York in 1903. Jimmy Williams was the regular second baseman for both clubs. Herm McFarland, a utility player in '02, became a regular outfielder in '03. Ernie Courtney played one game for Balto. in 1902, then 25 for NY in 1903. Harry Howell was the only pitcher of consequence to make the transition. Snake Wiltse (4 G in '03) also appeared for both."
As such, Major League Baseball no longer recognizes the 1901 and 1902 Baltimore Orioles as the same franchise as the New York Highlanders and Yankees.
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No, they were not. Before the Yankees, they were named the Baltimore Orioles and the New York Highlanders.
The New York Yankees originated in Baltimore, Maryland as the Baltimore Orioles in 1901.
When the Baltimore Orioles moved to New York for the 1903 season the team was originally called the Highlanders because the park that they played at was built on one of the highest points on Manhatten Island. They were also called the Americans and the Yankees during their first ten years but the official name was the Highlanders. In 1913, they started playing their home games at the Polo Grounds which was located on the Harlem River. The name Highlanders lost its meaning and the name was officially changed to the Yankees.
The Yankees played their first two years (1901-1902) in Baltimore as the Orioles. The team moved to New York in 1903and were known as the Highlanders and changed their name to Yankees in 1913.
They were originally. The Yankees franchise began as the Baltimore Orioles in 1901. Since 1903, they have been a New York based team.
The Yankees were a charter team in the American League when it became a major league in 1901. The Yankees played their first two years (1901-1902) in Baltimore as the Orioles. The team moved to New York in 1903 and were known as the Highlanders and finally changed their name to Yankees in 1913.