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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soundoff (201 Responses)
  1. nyckid

    wish to thank Mr. Steinbrenner for being the man!!! What he did for NYC, the Bronx, Major League baseball and all. George Steinbrenner put his $ on the field and wore his heart on his sleeve. He made the Yankees and Yankee Stadium relevant again. He changed baseball and entertainment. All of a sudden the players who we paid to see were actually getting the $ that they deserved... F you all who are putting him down. All owners should spend and then we would have better teams. Instead the owners pocket the $. I just heard he died. THANK YOU GEORGE FOR ALL. LOVE YOU BROTHER!!!

    July 13, 2010 at 9:57 am | Report abuse |
  2. Eric Johnson

    I thought Manchester United was the most valuable team. Yankees are in the top 10?

    http://www.forbes.com/2010/01/12/manchester-united-yankees-cowboys-business-sports-valuable-teams.html?boxes=Homepagetopspecialreports

    July 13, 2010 at 9:57 am | Report abuse |
    • adunifon

      last i checked, manchester united was not a US professional sports team.

      July 13, 2010 at 10:34 am | Report abuse |
  3. Donna

    Wow that was really rude! (this coming from a young widow! My husband had a heart attack at the age of 38....)& I would never comment like you did! Baseball is an all American sport...and of course people are interested in what happened!

    July 13, 2010 at 9:58 am | Report abuse |
  4. Noneya

    He has passed away.

    July 13, 2010 at 9:58 am | Report abuse |
  5. RIP

    Rest in peace dude!

    July 13, 2010 at 9:58 am | Report abuse |
    • Diana Quinones

      YES..HE WILL BE GREATLY MISSED. NOT JUST BY THE YANKEES PLAYERS BUT THE FANS. HE WAS ONE STRONG BOSS. WOW...CAN'T STOP CRYING. GOING OFFLINE FOR NOW.

      July 13, 2010 at 10:11 am | Report abuse |
  6. navyorchid

    I must say that I am somewhat shocked at some of the cruel comments on here....just remember karma, what goes around comes around! Wonder what your relatives, friends and family will post on facebook and other social networks should you have a heart attack...do you wonder if they'll even care...and even skinny folks have heart attacks!

    July 13, 2010 at 9:59 am | Report abuse |
  7. 1jimmyhoffa

    HE HAS PASSED AWAY!!!!

    July 13, 2010 at 9:59 am | Report abuse |
  8. Jim

    RIP

    July 13, 2010 at 9:59 am | Report abuse |
  9. Ron

    You people who prey on someone's misfortune and wish ill of others are the ones who should go to hell. It won't be so funny when one or both of your parents dies. Grow up. Wish all the best to the Steinbrenner family.

    July 13, 2010 at 10:00 am | Report abuse |
  10. ryan

    ESPN reporting Steinbrenner has died

    July 13, 2010 at 10:00 am | Report abuse |
  11. Michelle

    Wow, CNN. You guys need to work on your breaking news... everywhere else has already reported that he has passed away.

    July 13, 2010 at 10:00 am | Report abuse |
  12. Goldie

    Don't really know who he is since I am not an American, nor do I enjoy Baseball, but I will admit that because of Seinfeld I know the name (sad and shallow, I know). From what I read the character's quirk were influenced by the real one, therefore he rocks. WIshing him a speedy recovery

    July 13, 2010 at 10:01 am | Report abuse |
    • Honest Abe

      Goldie! your efforts and best wishes failed!
      He died.

      July 13, 2010 at 3:54 pm | Report abuse |
  13. Chris

    RIP George Steinbrenner, Thanks for making the Yankees what they are today. He has done a lot for the New York and Florida community and he will be missed!

    July 13, 2010 at 10:01 am | Report abuse |
  14. RIP from a Boxos fan

    First thing he does upon entering the pearly gates – fire Billy Martin.

    July 13, 2010 at 10:01 am | Report abuse |
  15. nodnollid

    Tampa Bay TV (wtsp.com) is running a special, they indicate George passed away.

    July 13, 2010 at 10:02 am | Report abuse |
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