This is where the Yankees' interlocking NY comes from:
"It was designed by Tiffany & Co. as part of a silver shield-shaped Medal of Valor depicting a woman placing a laurel wreath on a policeman’s head. It also contained the by-now-familiar interlocking letters “NY.” The medal was given to John McDowell, a New York police officer shot in the line of duty, in 1877, one year after the National League was formed."
https://cityroom.blogs.nytimes.com/2013/09/30/a-salute-not-to-the-yankees-but-to-their-logo/
It represents the cops!
Imagine that, you kneeling fucks. Try and cancel it now, I dare you.