Gene McCann, a scout for the New York Yankees became interested in him as a high school freshman, but Raschi wished to attend college upon graduating.

Before he graduated, the Yankees had him begin pitching minor league baseball for them in 1941, though Raschi would continue to take classes at William and Mary during his offseasons.

[6] Hoping to remain with the Yankees for 1947, Raschi was very disappointed when he was sent to the Class AAA Portland Beavers of the Pacific Coast League to start the season.

Pitching the second game of the doubleheader, he gave up three runs in 6+1⁄3 innings as the Yankees defeated the Chicago White Sox by a score of 6–4.

On July 18, he allowed six hits in a complete game, 7–2 victory over the Cleveland Indians, the last of a 19-game winning streak for New York.

"[1] For 10 innings, he held the Boston Red Sox (the previous year's American League (AL) pennant winners) scoreless, but the Yankees also failed to score, and Raschi took the loss when he allowed three runs in the 11th.

[10] On June 2, he threw a shutout against the Detroit Tigers, singling against Art Houtteman and scoring the only run of the game when Johnny Lindell drove him in with a double.

Pitching for New York, Raschi held the Red Sox scoreless for eight innings, clinging to a one-run lead until the Yankees scored four runs in the eighth.

He gave up three runs in the ninth but persevered, retiring Birdie Tebbetts on a pop fly to end the game as the Yankees prevailed by a score of 5–3.

"[28] An arm injury suffered on May 13, 1950, caused Raschi to miss a few days, but he returned on May 22 to pitch a complete game five-hitter against the Indians as the Yankees won 5–2, continuing a seven-game winning streak.

[31] Facing Feller on August 4, he pitched a three-hit shutout in a 1–0 victory over the Indians, as 66,743 fans turned out to see the night game at Cleveland Stadium.

[32] Five days later, he had a perfect game going against the Red Sox until Billy Goodman got a single with two outs in the seventh; Raschi held Boston to three hits and one run in a 2–1 victory.

[34] On August 29, he hit his first career home run (a three-run shot against Early Wynn), then pitched all 10 innings of a 6–5 victory over the Indians.

[35] In one of the August games against Cleveland, he collided with Indians catcher Jim Hegan at home plate, tearing cartilage in his right knee.

[7] With the Yankees AL champions again, Stengel picked Raschi to start Game 1 of the World Series against the Philadelphia Phillies.

[42] On June 8, Raschi held the Chicago White Sox to seven hits in a 4–2 victory, ending their six-game win streak in a game that set a Comiskey Park attendance record at the time with 53,490 spectators.

[42][46] In the first game of a doubleheader on July 29, he struck out 12 White Sox and pitched into the ninth inning, earning the win in an 8–3 victory.

[7] Facing the New York Giants in Game 3 of the World Series, Raschi lasted just 4+1⁄3 innings, taking the loss in a 6–2 defeat.

[51] Another error (a passed ball allowed by Berra) led to all the scoring against Raschi in Game 6 as the Giants only picked up one run against him in six innings.

[1] On April 16, 1952, Raschi allowed just two hits in an 8–1 victory over the Athletics, though he was removed from the game in the ninth inning after walking three batters.

[56] Against the Tigers in the first game of a July 13 doubleheader, Raschi was four outs away from throwing a no hitter when Joe Ginsberg hit a home run off him.

[57] In an important July 17 doubleheader against the Indians, who were fighting the Yankees for the pennant in 1952, Raschi pitched a complete Game 2, allowing four runs in a 5–4 victory.

[59] He threw a six-hit shutout in a 1–0 victory over the Indians on August 23 in front of the largest crowd at Yankee Stadium up to that point in the season, a total of 53,747 fans.

[7] As the Yankees had won the AL pennant again, Raschi played in the World Series against the Dodgers, where he made two starts and a relief appearance.

He was a little wild in Game 2, walking five batters, but he only allowed three hits and one earned run as the Yankees defeated the Dodgers by a score of 7–1.

[62][63] He hit an RBI single off of Billy Loes' leg in Game 6 and held the Dodgers to two runs before getting removed as he tired with two outs in the eighth inning, but Reynolds finished off the 3–2 victory.

[64] In Game 7, he entered in the seventh inning with the Yankees clinging to a 4–2 lead, but still tired, he retired only one hitter while allowing the Dodgers to load the bases.

[69] He pitched a two-hit shutout in Chicago against the White Sox on July 19, in the second game of a doubleheader that broke the Comiskey Park attendance record, as 54,215 fans bought tickets.

[1] "If there was only one game I had to win, the man I’d want out there on the mound for me would be Vic Raschi," explained teammate Tommy Henrich.

[1] With Reynolds and Lopat, Raschi "was the keystone of one of the most acclaimed pitching staffs in the history of major league baseball," according to reporter Robert Thomas Jr.[24] The "Big Three" won 53 games in 1949, 55 in 1950, and 59 in 1951.