In 1973, the New York Yankees was sold to the Steinbrenners family for $8.8 million. However, it has raised drastically in value and is now valued as a billion-dollar team.
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How much of the Yankees do the Steinbrenners own?
The Steinbrenner family which was headed by George Steinbrenner owned 70% of the New York Yankees after he bought out most of the owners. However, he owned way lesser than that earlier.
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Chairman of the Steinbrenner family
Who is the chairman of the Steinbrenner family? The Steinbrenner family was chaired by George Steinbrenner, who purchased it along with 11 men before his death in 2010. It is now chaired by his son, Hal Steinbrenner.
The New York Yankees former owners
Who did the Steinbrenner family buy the New York Yankees from? The Steinbrenner family purchased the New York Yankees from Columbia Broadcasting System in 1973.
How rich is the Steinbrenner family?
Are the Steinbrenner family still billionaires? How much is the Steinbrenner family worth? The Steinbrenner family are still billionaires, they have a few billion dollars to their names. According to Forbes, they have an estimated net worth of around $3.4 billion.
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