July 13th, 2010
09:29 AM ET

George Steinbrenner dead after massive heart attack

[Updated at 9:58 a.m.] New York Yankees owner George Steinbrenner has died, Steinbrenner's spokesman said.

“It is with profound sadness that the family of George M. Steinbrenner III announces his passing," a statement from his family said. "“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.”

The team has seven World Series trophies – 1977, '78, '96, '98, '99, 2000 and '09 earned under Steinbrenner's ownership since 1973.

"Owning the Yankees," Steinbrenner once said, "is like owning the Mona Lisa."

[Posted at 9:29 a.m.] New York Yankees owner George Steinbrenner has suffered a massive heart attack, according to CNN affiliate reports.

Steinbrenner was rushed to St. Joseph's hospital in Tampa, Florida, and his condition is not known, the station reported.

Steinbrenner turned 80 on July 4.

The team has seven World Series trophies – 1977, '78, '96, '98, '99, 2000 and '09 earned under Steinbrenner's ownership since 1973.

Steinbrenner is the longest-tenured owner in Major League Baseball, having served as principal owner since purchasing the club on Jan.3, 1973, according to the Yankees website. Over that time, the Yankees have won 11 American League pennants.

Steinbrenner has been in failing health in recent years and his son Hal is the managing partner of the team.

Steinbrenner bought the Yankees for $10 million and under his ownership they have become the most valuable team in U.S. professional sports, with Forbes.com estimating its value at over one-billion dollars.

He also was suspended from baseball twice, once after being indicted for allegedly making illegal campaign contributions to Richard Nixon, and once after paying a gambler to dig up dirt on one of his own players, Dave Winfield.

This story is developing. We'll bring you the latest information as we get it.

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Filed under: Sports
soundoff (201 Responses)
  1. gref

    1st reported at 8:30 am on the sirius/xm radio channel's 197/202 the opie & anthony show. a listener called RC from tampa sent instant feedback breaking the news about steinbrenner's death.

    July 13, 2010 at 4:32 pm | Report abuse |
  2. joselizette06njPhillyTri-State

    people are just HATERS=No real life.No real income.NO business astuteness, no real drive,no real LIFE PERIOD enough said. and yep 40 pennants along with almost thirty world series championships just in a class by his GOD DAM SELF as a real man is one who afte 18 years old become a man pull the pants up and become a business man or woman themselves do it on their OWN and i love he did just this what a TRUE LEGEND AS MICHAEL JACKSON AS LEGENDS Are never EVER forgoetten.so let the HATERS HATER as we all know HATERS= NO LIFE.NO GOAL.NO DRIVE,NO REAL LIFE AT ALL AS the BRENNER had RIP we love you man.rest up we see you thru ur son ownership and thru each time we watch old clips and watch our 1 OF A KIND GREATEST BALL TEAM THE NEW YORK YANKEES BORN IN PHILLY I AM BUT YOUR MY FAVE TEAM FOREVER A YANKEE FAN LIVIN IN SUBURBAN JERSEY NOW and glad to have went to 3 world series last year with friends sha-kaarii melendez, bella and her best friend my girl izette few others NOTHING like success HAND MADE by 1 of a kind success peoplle with SUCH DRIVE to do what OTHER LAZY BUMS are not and the brenner did just that.....from jose and lizette. FOREVER A YANKEE FAN FOR VIDA. peace out 1

    July 14, 2010 at 1:26 am | Report abuse |
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