Late in the 1929 season, Weil secretly acquired enough shares of the Cincinnati Reds to become the majority owner.[1][2] His purchase, estimated at $635,000,[3] occurred weeks prior to the Wall Street Crash of 1929. During the four full seasons (1930–1933) that he owned the team, the Reds finished in last place in the National League three times, while accruing a record of 235–379 for a .383 winning percentage.[2] In November 1933, Weil's majority ownership of the Reds was taken over by the Central Trust Bank.[4]Powel Crosley Jr. bought the team in February 1934.[3]
Weil was an executive of an auto sales company before buying the Reds.[1] He filed for bankruptcy shortly after selling the Reds, listing liabilities of over $950,000.[3] He moved to insurance sales in 1937, and sold over $1 million of insurance for 23 years in a row.[5] Weil died in January 1966, as the result of a traffic collision in Cincinnati.[5] He was survived by his wife, two daughters, and a son.[5] His wife, Florence, died in 1998 at the age of 104.[6] His son, Irwin, became a professor of Russian literature at Northwestern University.[6]
Referencesedit
^ ab"New Owner to Rebuild Cincinnati Reds; Has Been an Ardent Fan for Years". The Evening News. Harrisburg, Pennsylvania. October 5, 1929. p. 13. Retrieved August 23, 2020 – via newspapers.com.
^ abErts, Brian (November 6, 2005). "Reds History – Owners". redlegnation.com. Retrieved August 23, 2020.
^ abc"Crosley Tackles Job That Broke Two Men". Dayton Daily News. Dayton, Ohio. AP. February 6, 1934. p. 12. Retrieved August 23, 2020 – via newspapers.com.
^"Bank Assumes Controlling Club Interest". Dayton Daily News. Dayton, Ohio. AP. November 7, 1933. p. 7. Retrieved August 23, 2020 – via newspapers.com.
^ abc"Sidney Weil, Former Reds Owner, Dies". The Fresno Bee. Fresno, California. AP. January 15, 1966. p. 13. Retrieved August 23, 2020 – via newspapers.com.
^ abMorgan, Sharon (January 17, 1998). "Florence Weil lived to be 104". The Cincinnati Enquirer. p. 10. Retrieved August 24, 2020 – via newspapers.com.
sidney, weil, december, 1891, january, 1966, american, business, executive, salesperson, owned, cincinnati, reds, national, league, within, major, league, baseball, four, seasons, beginning, 1930s, born, 1891, december, 1891diedjanuary, 1966, 1966, aged, cinci. Sidney Weil December 23 1891 January 14 1966 was an American business executive and salesperson who owned the Cincinnati Reds of the National League within Major League Baseball MLB for four seasons at the beginning of the 1930s Sidney WeilBorn 1891 12 23 December 23 1891DiedJanuary 14 1966 1966 01 14 aged 74 Cincinnati OhioOccupation s Executive in automotive sales and insurance salesKnown forOwner of the Cincinnati Reds 1930 1933 SpouseFlorence Weil nee Levy 1893 1998 Children3 including Irwin WeilBiography editLate in the 1929 season Weil secretly acquired enough shares of the Cincinnati Reds to become the majority owner 1 2 His purchase estimated at 635 000 3 occurred weeks prior to the Wall Street Crash of 1929 During the four full seasons 1930 1933 that he owned the team the Reds finished in last place in the National League three times while accruing a record of 235 379 for a 383 winning percentage 2 In November 1933 Weil s majority ownership of the Reds was taken over by the Central Trust Bank 4 Powel Crosley Jr bought the team in February 1934 3 Weil was an executive of an auto sales company before buying the Reds 1 He filed for bankruptcy shortly after selling the Reds listing liabilities of over 950 000 3 He moved to insurance sales in 1937 and sold over 1 million of insurance for 23 years in a row 5 Weil died in January 1966 as the result of a traffic collision in Cincinnati 5 He was survived by his wife two daughters and a son 5 His wife Florence died in 1998 at the age of 104 6 His son Irwin became a professor of Russian literature at Northwestern University 6 References edit a b New Owner to Rebuild Cincinnati Reds Has Been an Ardent Fan for Years The Evening News Harrisburg Pennsylvania October 5 1929 p 13 Retrieved August 23 2020 via newspapers com a b Erts Brian November 6 2005 Reds History Owners redlegnation com Retrieved August 23 2020 a b c Crosley Tackles Job That Broke Two Men Dayton Daily News Dayton Ohio AP February 6 1934 p 12 Retrieved August 23 2020 via newspapers com Bank Assumes Controlling Club Interest Dayton Daily News Dayton Ohio AP November 7 1933 p 7 Retrieved August 23 2020 via newspapers com a b c Sidney Weil Former Reds Owner Dies The Fresno Bee Fresno California AP January 15 1966 p 13 Retrieved August 23 2020 via newspapers com a b Morgan Sharon January 17 1998 Florence Weil lived to be 104 The Cincinnati Enquirer p 10 Retrieved August 24 2020 via newspapers com External links editCincinnati Reds timeline Sidney Weil at Find a Grave Retrieved from https en wikipedia org w index php title Sidney Weil amp oldid 1153835047, wikipedia, wiki, book, books, library,
