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. gunpirate

    quit buiding it up! and come back down to earth..we all hope the guy gets better, but this is typical of immature,spoiled, celebrity worship news media,

    July 13, 2010 at 9:49 am | Report abuse |
  2. Rychard

    Yeah, that's why he corrected himself one minute after the original post.

    July 13, 2010 at 9:49 am | Report abuse |
  3. PJ

    Well wishes from Red Sox Nation..

    July 13, 2010 at 9:49 am | Report abuse |
    • TwM

      PJ now you have class thank you from a Yankee and Steinbrenner fan

      July 13, 2010 at 10:04 am | Report abuse |
  4. numbnut

    Reports in Tampa say he has passed away.

    July 13, 2010 at 9:49 am | Report abuse |
  5. Jennifer

    He's passed away...we just heard here in Tampa. God Bless him

    July 13, 2010 at 9:50 am | Report abuse |
  6. tmznews

    TMZ is reporting that he died last night...

    July 13, 2010 at 9:50 am | Report abuse |
  7. ste531

    no its because he is dead. He died

    July 13, 2010 at 9:51 am | Report abuse |
  8. Kenny S. / Texas

    The man is dead now,RIP Yankee

    July 13, 2010 at 9:51 am | Report abuse |
  9. Arpster

    AP reporting that Mr. Steinbrenner has rounded third and his headed home. This according to a close friend. If correct, so long, George.

    July 13, 2010 at 9:52 am | Report abuse |
  10. navyorchid

    Or maybe it's because he owns the NY Yankees......!

    July 13, 2010 at 9:52 am | Report abuse |
  11. pdikeman

    He already died..CNN missed the boat on this story!

    July 13, 2010 at 9:52 am | Report abuse |
  12. Melanie

    My condolences to the Steinbrenner Family and the New York Yankees

    July 13, 2010 at 9:52 am | Report abuse |
  13. Joe

    RIP

    July 13, 2010 at 9:52 am | Report abuse |
  14. CRCardo

    He has contributed so much to the Tampa area. He built the Yankees spring training stadium with private money. Wow, what a novel idea; free enterprise investing to earn a return all without holding the taxpaying public hostage.

    July 13, 2010 at 9:52 am | Report abuse |
  15. TJL

    CBS is reporting that he has died

    July 13, 2010 at 9:53 am | Report abuse |
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