The Enron Scandal Explained
How Enron went from Fortune’s most innovative company to bankruptcy in 2001: the accounting tricks, the hidden debt, the collapse and the trials that followed.
How eight Chicago White Sox players conspired with gamblers to lose the 1919 World Series, why they were acquitted and still banned from baseball for life.

In October 1919, the Chicago White Sox, one of the best teams in baseball, lost the World Series to the underdog Cincinnati Reds. A year later, it emerged that several White Sox players had agreed to throw the Series for gamblers. The “Black Sox” scandal remains the most notorious fix in American sport.
The plot is usually traced to first baseman Chick Gandil, who approached gamblers before the Series. Pitchers Eddie Cicotte and Lefty Williams were central, since starting pitchers could shape games. Others implicated were Swede Risberg, Happy Felsch, Fred McMullin, outfielder “Shoeless” Joe Jackson and third baseman Buck Weaver, who attended meetings but was never shown to have taken money or played poorly.
The money is widely believed to have come from associates of New York gambler Arnold Rothstein, though he was never charged. Players later complained that much of the promised money never arrived.
The 1919 World Series was a best-of-nine. The Reds won five games to three. Cicotte hit the first batter he faced in Game 1, reportedly a signal to gamblers that the fix was on. Some players seem to have tried to win later games, especially when payments dried up.
| Date | Event |
|---|---|
| October 1919 | The Reds beat the White Sox in the World Series |
| September 1920 | A Chicago grand jury investigates; Cicotte and Jackson testify about the fix |
| November 1920 | Judge Kenesaw Mountain Landis becomes baseball’s first commissioner |
| July–August 1921 | Eight players stand trial; signed confessions go missing |
| August 2, 1921 | The jury acquits all the players |
| August 3, 1921 | Landis bans all eight from baseball for life |
Landis’s statement was blunt: regardless of the verdict, no player who threw a game, or sat in on a meeting about fixing one without telling his club, would play professional baseball again.
Joe Jackson admitted to the grand jury that he had accepted money, but he batted .375 in the Series, with no errors, a record that has fuelled a century of debate about whether he really tried to lose. The famous line “Say it ain’t so, Joe,” supposedly shouted by a young fan, is probably a newspaper invention.
In 2025, Major League Baseball changed its policy so that permanent bans end when a person dies, making Jackson and the other banned players eligible to be considered for the Hall of Fame.
Popular accounts blame owner Charles Comiskey’s stinginess, and players did resent their pay. Later historians have argued that White Sox salaries weren’t unusually low, and that baseball’s close ties with gamblers made a fix far easier than it should have been.
The scandal created the powerful office of baseball commissioner and a lasting hard line against gambling in the sport, much as Enron’s collapse later led to tougher rules for company accounts. It inspired Eliot Asinof’s 1963 book Eight Men Out and the 1988 film of the same name. Scandal was in the air in the early 1920s: the same years brought the Teapot Dome scandal in Washington.
Key evidence, including the signed confessions, disappeared before trial, and prosecutors had to prove a conspiracy to defraud, not simply that games were lost.
Weaver knew about the fix but never took money and played well. He was banned for failing to report it, and he spent the rest of his life trying to clear his name.
The Cincinnati Reds, five games to three. Many Reds players insisted they would have won anyway.
Every article is edited by a human and checked against our editorial policy. Spotted a mistake? Tell us.
How Enron went from Fortune’s most innovative company to bankruptcy in 2001: the accounting tricks, the hidden debt, the collapse and the trials that followed.
In 1982, seven people near Chicago died after taking cyanide-laced Tylenol. What happened, how Johnson & Johnson responded and why the case remains unsolved.
A timeline of the Watergate scandal, from the 1972 break-in to the White House tapes, the Saturday Night Massacre and President Nixon’s resignation in 1974.