Manager Casey Stengel had invested in oil properties, as advised by one of his players, Randy Moore, a Texan; the investment helped make the Stengels well-to-do, and they put the profits in California real estate. Stengel considered going in the oil business full-time, but Boston Braves president Bob Quinn offered him the Boston managerial job in 1938, and he accepted.
Stengel was both manager and an investor in the Boston Braves (aka the Bees). In his six years there, 1938 to 1943, his team never finished in the top half of the league standings, and the Boston club finished seventh four straight years between 1939 and 1942, saved from last place by the fact that the Phillies were even worse.