In September Gilbert had announced that the Vols were ending their three-year working agreement with the New York Giants, and had signed a working agreement with the Cincinnati Reds beginning with the 1955 season.
“I told Ted last fall I wanted to get out,” Larry said via long distance phone yesterday. “Gertie (Mrs. Gilbert) has had a bad hip since early in the fall and now she has a broken ankle. She needs me to be with her. I haven’t been feeling too good, either.”
That was only part of the reason. On May 21, 1955 Gilbert sells out for $125,000.00 and Murray owns the Vols lock, stock, and barrel. It ends a relationship from November of 1938, when his grandfather Fay Murray brought Gilbert to Nashville and named him manager, general manager, and vice president, giving him ½ share in the team.
Gilbert’s last day with the club is set for June 1, when he will move to his lakefront estate in New Orleans. As part of the Reds affiliation, his son Charlie is not retained as assistant general manager. The younger Gilbert played for Nashville under his father in 1939, 1943, and 1948, and had joined him in management of the club after his playing career.
At the suggestion of Cincinnati GM Gabe Paul, Columbia Reds (South Atlantic League – Class A) general manager Bill McCarthy will take over the same position in Nashville.
According to sports writer F. M. Williams, Ted never cared for owning the Nashville club. “If memory serves me correctly, he was in Sulphur Dell only three times last year, yet he drew a salary of five figures, not out of the ball club but out of the concessions.”
Now Ted finds himself in dire straits. But saving the ball club from dying was a priority for several like-minded civic leaders had the same idea.
This is Part 3 of the ongoing story. Read more about the events that led to the sale of the Nashville ball club in 1959 in the next installment.
Note: This Nashville baseball history was presented on Saturday, March 3, 2018 at the 15th annual Southern Association Conference at Rickwood Field in Birmingham, Alabama.
© 2018 by Skip Nipper. All Rights Reserved.
 Johnson, “Owner Change,” Nashville Tennessean, January 23, 1955, 29.
 Murray Buys Gilbert’s Half,” Nashville Tennessean, May 22, 1955, 29.
 Johnson, May 22, 1955, 29.