George Steinbrenner passes away at age 80
The 'Boss' owned the Yankees since 197307/13/2010 9:53 AM ET
By YESNetwork.com
Yankees principal owner George Steinbrenner passed away at 6:30 a.m. this morning at the age of 80. Mr. Steinbrenner recently celebrated his 80th birthday on July 4 and has owned the Yankees since 1973, when he and a group of investors purchased the team from CBS for $10M.
A statement released by the Steinbrenner reads: "It is with profound sadness that the family of George M. Steinbrenner III announces his passing. He passed away this morning in Tampa, Fla., at age 80.
"He was an incredible and charitable man. First and foremost he was devoted to his entire family - his beloved wife, Joan; his sisters, Susan Norpell and Judy Kamm, his children, Hank, Jennifer Jessica and Hal; and all of his grandchildren.
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."
Funeral arrangements will be private. There will be an additional public service with details to be announced at a later date.
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