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George Steinbrenner bought the New York Yankees from CBS on January 3, 1973.

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โˆ™ 2011-04-16 03:03:03
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Q: What year did George Steinbrenner buy the New York Yankees?
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Who did George Steinbrenner purchase the New York Yankees from?

CBS bought the club from Vegas entrepreneur Del Webb for $13.2 million at the end of the 1964 season, allowing Webb to retain a 20% ownership. The sale was approved by the league, on the condition that the Yankees were an independent entity and not influenced by the network. Including 1964, the Yankees had won 14 pennants and 9 World Series in the previous 16 seasons. The Yankees promptly became a second-division club and didn't win another pennant or division while under the stewardship of CBS. At the beginning of of the 1973 season, the network sold the club to Steinbrenner, CBS Executive Michael Burke, and 10 other investors for $10 million. Steinbrenner's original share was only $168,000, or less than 2%. Steinbrenner forced Burke out the following year and gradually assumed majority ownership in the club. Today the club is worth an estimated $5 billion, more than any other American sports franchise, except the Dallas Cowboys.


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Roger Maris was traded to the NY Yankees in December of 1959. Yes his first year playing for the Yankees was in 1960.


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How much money does George M Steinbrenner III make a year?

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What year did the New York Yankees play the New York Mets in the World Series?

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