The New York Yankees are an American professional baseball team based in the Bronx, New York City, New York, that competes in Major League Baseball (MLB). The Yankees are a member of MLB's American League (AL) East division. The Yankees are one of two Major League clubs based in New York, the other being the New York Mets. The club began play in the AL in the 1901 season as the Baltimore Orioles (not to be confused with the modern Baltimore Orioles.) Frank Farrell and Bill Devery purchased the franchise (which had ceased operations) and moved it to New York City, renaming the club as the New York Highlanders. The Highlanders were officially renamed as the "Yankees" in 1913.