Marketing, Motherhood, and Mayhem

End of an Era

July 15th, 2010 by Deb McLean

George Steinbrenner died this week here in Tampa after a heart attack. “The Boss”, as he was known, had just celebrated his 80th birthday on July 4.  

Best known for turning the Yankees franchise around after buying the team from CBS in 1973 for $10 million. Under his leadership, the Yankees won 11 pennants and 7 world championships. The franchise worth is now estimated at a staggering $1.6 billion inclusive of debt; it is worth almost twice as much as the Mets or Red Sox, again based on its gross, not net, value.

Steinbrenner was a controversial figure in sports, often chastised for interfering in on-field decisions and for being impatient if the team wasn’t winning.  In my opinion, what he didn’t get enough credit for was his philanthropy.   ”It’s nice to have money because of what you can do with it,” he said. “”I live OK because I work hard, but when I see a need is there, I like to give.”  He gave back and that is something important to teach our children.

We’ll miss you, Boss.

Tags: No Comments

Leave a Comment

0 responses so far ↓

There are no comments yet...Kick things off by filling out the form below.