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CBS bought 80% of the Yankees after the 1964 season for $11.2 million.

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$11.2 million

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Q: How much did CBS sell the New York Yankees for?
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Continue Learning about General History

Which TV station did George Steinbrenner purchase the New York Yankees from?

In 1973, George Steinbrenner purchased the Yankees from CBS Broadcasting Inc.


Who owned the New York Yankees before George Steinbrenner?

George Steinbrenner owned the New York Yankees from 1973-2010. On November 20, 2008, MLB owners approved the teams shift of control from George to his sons, Hal and Hank Steinbrenner.These were the previous team owners:CBS Broadcasting Inc. - (1964-1973)Dan Topping, Del Webb, and Larry MacPhail (1945-1964)Jacob Ruppert - (1922-1945)Jacob Ruppert and Tillinghast L'Hommedieu Huston - (1915-1922)William S. Devery and Frank J. Farrell - (1903-1915)CBS bought the New York franchise from Dan Topping and Del Webb in 1964. George Steinbrenner bought the Yankees from CBS.


What year did Mike Burke become the president of the New York Yankees?

In 1966, CBS executive Mike Burke took over as president after manager, Johnny Keane, was fired and GM Ralph Houk replaced him. After Steinbrenner bought the Yankees from CBS on January 3, 1973, Burke stayed on as president but quit in April. He continued to hold a minority share into the 1980s


When did Brian Cashman and George Steinbrenner buy the New York Yankees?

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.


How much money did Alex Rodriguez make in 2009?

2007: According to CBS SportsLine, Rodriguez' 2007 salary is $22,708,525.2010: In 2010, Alex Rodriguez' salary was $33,000,000.2013: Yankees player Alex Rodriguez will make $29 million in 2013.

Related questions

Who owned the New York Yankees in 1972?

In 1972, CBS Broadcasting Inc. owned the New York Yankees.


What years were the New York Yankees games on CBS?

In 1965, the CBS' Baseball Game of the Week literally became the Yankees Game of the Week because the network purchased the baseball team and aired numerous Yankees contests.


How did Dan Topping and Del Webb acquire ownership of one the world's most famous sports franchises the New York Yankees?

Dan Topping and Del Webb bought the New York Yankees from the estate of Jake Ruppert for $2.8 million dollars. Within a year's time they were able to sell their shares of the New York Yankees to the TV network of CBS for $14 million.


Who did CBS buy the New York Yankees from?

CBS bought the Yankees after the 1964 season and sold to George Steinbrenner prior to the 1973 season. The Yankees record in the 8 seasons CBS owned them was 636-649 with their best season coming in 1970 when they went 93-69 and finished 2nd in the AL East.


Which TV station did George Steinbrenner purchase the New York Yankees from?

In 1973, George Steinbrenner purchased the Yankees from CBS Broadcasting Inc.


Did CBS own the New York Yankees before George Steinbrenner?

Yes, they did. CBS owned the Yankees from August 13, 1964 up until January 3, 1973, when George Steinbrenner and E. Michael Burke purchased them.


Who was the New York Yankees owner from 1945 to 1966?

Dan Topping, Del Webb and Larry MacPhail became the owners of the New York Yankees in January 1945. Larry MacPhail sold his share of the team in 1947 to Topping and Webb. CBS bought the Yankees during the 1964 season.


Where can one find a good Yankees blog?

Some of the most popular New York Yankees blogs can be found at a number of different sites on the internet. These would include those found on the ESPN and CBS websites.


Who owned the n y Yankees before c b s?

CBS owned the New York Yankees between 1964 and 1973. Prior to their ownership, the team belonged to Jacob Ruppert and TH Hudson.


Who owned the New York Yankees before George Steinbrenner?

George Steinbrenner owned the New York Yankees from 1973-2010. On November 20, 2008, MLB owners approved the teams shift of control from George to his sons, Hal and Hank Steinbrenner.These were the previous team owners:CBS Broadcasting Inc. - (1964-1973)Dan Topping, Del Webb, and Larry MacPhail (1945-1964)Jacob Ruppert - (1922-1945)Jacob Ruppert and Tillinghast L'Hommedieu Huston - (1915-1922)William S. Devery and Frank J. Farrell - (1903-1915)CBS bought the New York franchise from Dan Topping and Del Webb in 1964. George Steinbrenner bought the Yankees from CBS.


What year did Mike Burke become the president of the New York Yankees?

In 1966, CBS executive Mike Burke took over as president after manager, Johnny Keane, was fired and GM Ralph Houk replaced him. After Steinbrenner bought the Yankees from CBS on January 3, 1973, Burke stayed on as president but quit in April. He continued to hold a minority share into the 1980s


When did Brian Cashman and George Steinbrenner buy the New York Yankees?

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.