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.

Post by:
Filed under: Sports
soundoff (201 Responses)
  1. Joe

    RIP George

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

    Fox new reported that he has died !

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

    My FL paper is reporting he died.

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

    He died 8 et but its just being reported

    July 13, 2010 at 9:53 am | Report abuse |
  5. ste531

    He died. Fox just reported it. God Speed sir!

    July 13, 2010 at 9:54 am | Report abuse |
  6. Brad

    A source close to him said he had passed. RIP. Prayers are in our hearts.

    July 13, 2010 at 9:54 am | Report abuse |
  7. Matthew Bell

    He's dead

    July 13, 2010 at 9:54 am | Report abuse |
  8. Kramer

    Haven't you ever seen Seinfeld? He was George's boss. Get with the times man!

    July 13, 2010 at 9:55 am | Report abuse |
  9. Jack

    He has passed away at 630am today Mike and mike on espn just reported

    July 13, 2010 at 9:55 am | Report abuse |
  10. landsaf

    AP says he died????

    July 13, 2010 at 9:55 am | Report abuse |
  11. Mat

    Sadly Mr. Steinbrenner has passed away. Farewell sir. You might have been liked by everyone, but you had their respect. Not everyone can build what you did.

    July 13, 2010 at 9:55 am | Report abuse |
  12. gelbkreuz

    msnbc.com reports via AP that he has died.

    July 13, 2010 at 9:56 am | Report abuse |
  13. cityofsinguy

    AP and MSNBC is reporting that he has died.

    July 13, 2010 at 9:56 am | Report abuse |
  14. Jen23

    Most other sources are reporting that he's passed away. Updates please, CNN.

    July 13, 2010 at 9:56 am | Report abuse |
  15. ste531

    wow, CNN is WAYYY BEHIND! He is dead, died 2 hours ago.

    July 13, 2010 at 9:57 am | Report abuse |
1 2 3 4 5 6 7 8 9 10 11