
Owner of the New York Yankees, George Steinbrenner, died Tuesday, July 13th after suffering a massive heart attack after turning 80 less than two weeks prior on the 4th. Steinbrenner had always wanted to be a sports owner after his father stuck his interest in the shipping industry giving him his billions. Eventually his shipping company provided him with the wealth to buy the New York Yankees from CBS, Inc. in 1973 for the bargin price of $10million. But thanks to Steinbrenner's will to win and his exuberant bank account, he managed to get the Yankees 16 American League East titles, 11 American League pennents and 7 World Series Championships over his 37 season time with the Yanks. His efforts brought the Yankees' net worth to more than $1.6billion, making them the third richest sports franchise on the planet (behind Manchester United at $1.8billion and the Dallas Cowboys at $1.65billion). Despite the Yankees' famed "they-buy-their-players" status, Steinbrenner was a truly charitable man and would go out of his way in order to make his players happy, as long as their hair was kept short.
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