The Boston Red Sox are an American professional baseball team based in Boston, Massachusetts, that competes in Major League Baseball (MLB). They are members of the East Division of the American League (AL). The Red Sox have won 8 World Series, having appeared in 12. Founded in as one of the American League's eight charter franchises, the Red Sox's home ballpark has been Fenway Park since. The "Red Sox" name was chosen by the team owner, John I. Taylor, around, following previous Boston teams that had been known as the "Red Stockings".