This day in baseball: Cox buys the Phillies

After the bankrupt team had been taken over by the National League, William D. Cox purchased the Philadelphia Phillies from the NL on February 18, 1943.  At the age of 33, this made Cox the youngest owner in the league.  However, evidence surfaced later that year that Cox had placed some bets on his own team.  Commissioner Kenesaw Mountain Landis launched an investigation, and Cox eventually admitted to making some “sentimental” bets on the Phillies.  Landis responded by banning Cox from baseball on November 23, 1943.

Shibe Park (Wikipedia)