Jan 3, 2013, 9:46 AM EST
Forty years ago today George Steinbrenner purchased the New York Yankees. The price? $10 million, which is what the Cubs are paying Carlos Villanueva over the next two years. The then-stated managerial philosophy:
“We plan absentee ownership as far as running the Yankees is concerned. We’re not going to pretend we’re something we aren’t. I’ll stick to building ships.”
Didn’t quite work out that way. But 40 years later the Steinbrenner family still owns the team and stands as the longest-tenured ownership group in the game.
Happy Boss-a-versary, Yankees fans.
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (111)