Joseph V. Mccarthy, deposed manager of the Chicago Cubs, signs to manage the New York Yankees in New York on Oct. 14, 1930. While terms of the contract have not been divulged, it is thought Mccarthy will receive $25,000 a year. From left to right are, Mcccarthy, Col. Jacob Rippert, owner of the Yankees, and Edward Barrow, secretary. (AP Photo)