Red Sox owner Tom Yawkey revealed Tuesday that he will take his team out of Boston unless a new stadium is constructed. “This is not a threat,” said Yawkey, “this is a mere statement of fact.

Tom Yawkey, owner of the Boston Red Sox, is not only spending large amounts of money for ball players with a view to strengthening his club, but is going to spend between $300,000 and $400,000 on ...