John Jachym

Later in his career, he was active in Republican Party politics and an important figure in (and a rare honorary member of) the Professional Golfers' Association.

He graduated from high school in South Dayton, New York, and earned a bachelor's degree in journalism in 1940 from the University of Missouri.

[1] As a young newspaper reporter working in Jefferson City, Missouri, Jachym became acquainted with legendary St. Louis Cardinals executive Branch Rickey, who became a key influence in his life.

Jachym, backed by Hugh Grant, an oil magnate from Bradford, Pennsylvania, purchased the outstanding stock for $70 per share ($549,570), becoming the second-largest shareholder in the Senators after the team's iconic president, Clark Griffith, a Baseball Hall of Fame pitcher who owned 44 percent of the club.

[3] Finally, in June 1950, almost six months to the day when he acquired his stake, Jachym sold his shares to Washington insurance executive H. Gabriel Murphy, an ally of Griffith's, at a profit estimated at between $80,000 and $100,000.

But heavy rains forced cancellation of those games, and continued poor weather conditions—including a hurricane that struck during its planned visit to Miami—dogged the series.

[5] Out of baseball, but still only 32 years of age, Jachym then forged a business career as an investment banker and, later, top executive with companies based in Chicago and San Diego.