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The transaction was contingent on Ruth signing a new contract, which was quickly accomplished—Ruth agreed to fulfill the remaining two years on his contract, but was given a $20,000 bonus, payable over two seasons. The deal was announced on January 6, 1920. Reaction in Boston was mixed: some fans were embittered at the loss of Ruth; others conceded that Ruth had become difficult to deal with.<ref>{{harvp|Stout|2002|pp=86–88}}</ref> ''The New York Times'' suggested that "The short right field wall at the Polo Grounds should prove an easy target for Ruth next season and, playing seventy-seven games at home, it would not be surprising if Ruth surpassed his home run record of twenty-nine circuit clouts next Summer."<ref name="Year1920">{{cite news|title=Ruth Bought By New York Americans For $125,000, Highest Price in Baseball Annals|work=The New York Times|date=January 6, 1920|url=https://timesmachine.nytimes.com/timesmachine/1920/01/06/102732651.pdf|access-date=June 14, 2018|archive-url=https://web.archive.org/web/20181008233249/https://timesmachine.nytimes.com/timesmachine/1920/01/06/102732651.pdf|archive-date=October 8, 2018|url-status=live}}</ref> According to Reisler, "The Yankees had pulled off the sports steal of the century."<ref name="r2"/>
According to Marty Appel in his history of the Yankees, the transaction, "changed the fortunes of two high-profile franchises for decades".<ref>{{harvp|Appel|2012|p=94}}</ref> The Red Sox, winners of five of the first 16 World Series, those played between 1903 and 1919,{{efn|There was no World Series in 1904 or 1994.}} would not win another pennant until 1946, or another World Series until [[2004 World Series|2004]], a drought attributed in baseball superstition to Frazee's sale of Ruth and sometimes dubbed the "[[Curse of the Bambino]]". Conversely, the Yankees had not won the AL championship prior to their acquisition of Ruth. They won seven AL pennants and four World Series with him, and
===New York Yankees (1920–1934)===
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