George Steinbrenner, the man who has owned the Yankees since 1973, has died of a massive heart attack, MLB.com is reporting.
Steinbrenner picked up the team for $8.7m back then, but the man credited with restoring the Yankees glory said at the time he wasn’t going to quit his day job:
“We plan absentee ownership as far as running the Yankees is concerned,” Steinbrenner said. “We’re not going to pretend we’re something we aren’t. I’ll stick to building ships.”
“He was an incredible and charitable man,” the family said in a statement.
“He was a visionary and a giant in the world of sports. He took a great but struggling franchise and turned it into a champion again.”
Steinbrenner died late last night in Tampa, where he lived year-round. He was 80. He leaves behind a wife, Joan, and four children, Hank, Hal, Jennifer and Jessica.