Tom Yawkee purchased the team in 1933 shortly after inheriting millions on his 30th birthday for a reported 1.5 million. In 1933, his first season as owner, the team improved by 20 games but had a losing season for the 15th consecutive year. What was the reported purchase price of the team?
1) 1 million
2) 1.5 million
3) 2 million
4) 2.5 million