George Steinbrenner was a sports devotee' and loved the Yankee tradition, even though he was from Cleveland, the location of his lucrative ship building business.
He saw the Yankees as a bargain and possibly visualized Baseball's future ability to generate revenue (the reserve clause, which kept salaries low and 'indentured' players to one team, was still in effect).
What changed the game (after free agents became available), was George's successful purchases of Hall of Famers Catfish Hunter and Reggie Jackson, two catalysts in the Yankees 1977 and 1978 World Championships.
From then on, and psychiatrists can argue the rest, owning the Yankees was a guilty pleasure for George. Power didn't hurt, either.
George Steinbrenner owned approximately 55 percent of the New York Yankees.
George Steinbrenner was the New York Yankees owner from 1973-2010.
In 1973, George Steinbrenner purchased the Yankees from CBS Broadcasting Inc.
1903
51%
In 1972, CBS Broadcasting Inc. owned the New York Yankees.
His sons, Hal and Hank Steinbrenner own the team.
The Yankees play their preseason games at George M. Steinbrenner Field in Tampa, Florida.
The Yankees won seven World Series with owner George Steinbrenner.1977, 1978, 1996, 1998, 1999, 2000 and 2009.
The Yankees won seven championships under the ownership of George Steinbrenner. They won in 1977, 1978, 1996, 1998, 1999, 2000, and 2009.
George Steinbrenner has won 7 World Series championships with the Yankees. They were in 1977, 1978, 1996, 1998, 1999, 2000 and 2009.
No. George Steinbrenner, owner of the New York Yankees, died Tuesday, July 13, 2010, of a massive heart attack. He was 80 years old.