Sunday, October 14, 2007

Steinbrenner Stepping Down

George Steinbrenner, the legendary owner of the New York Yankees, is reportedly stepping down as the owner of the Yanks.

Members of the Yankees brass told the newspaper that Hank and Hal Steinbrenner (George's sons) will share leadership in an arrangement to be further ironed out in Tampa, Florida later this week.

"George has taken on a role like the chairman of a major corporation," Yankees president Randy Levine told the Post. "He's been saying for years he's wanted to get his sons involved in the family business. Both of them have stepped up and are taking on the day-to-day duties of what's required to run the Yankees."

Steinbrenner took over as owner of the Yankees when he bought them in 1973. Since then, Steinbrenner has been one of the most controversial owners in baseball history. Some incidents that have occurred include signing Dave Winfield a monster contract, and later called "Mr. May" (in reference to Reggie Jackson, "Mr. Octoer"), and faking the assault of 2 Dodgers fans on him during the 1981 World Series.

Both brothers are expected to have final say on baseball decisions, the running of the YES Network and the construction of the new Yankee Stadium.
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"There's always been a succession - and that's myself and my brother," Hank told the newspaper. "I'll pay more attention to the baseball part. The stadium, that's more Hal. But basically everything will be decided jointly."

Some people may be saying goodbye and good ridints to Steinbrenner, but I say that were are losing one of the best owners ever.

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