On January 3, 1973,*George Steinbrenner III with his minority partner E. Michael Burke bought the*New York Yankees Baseball team from*Columbia Broadcasting System (CBS) for $10 million US dollars. The New york Yankees are worth 1.6 billion US dollars as of 2010.
*George Michael Steinbrenner III died at 80 from a heart attack in his Florida home on July 13th 2010 .
*The New York Yankees are owned by Yankee Global Enterprises LLC (YES) .
* Columbia Broadcasting System was started on April of 1927 as a radio broadcaster station and first to have programing that stated at 3pm .