New York Yankees owner George Steinbrenner has passed away. He was 80.
Steinbrenner, who will be remembered for leading the Yankees to 11 American League pennants and seven World Series victories as its principal owner, ceded day-to-day control of the team to his sons Hank and Hal Steinbrenner in 2006 as his health began to fail and he spent more time in Tampa, FL.
Purchasing the team for $8.7 million in 1973, Steinbrenner’s shrewd business acumen, tough decision making and unparalleled demand for success raised the Yankees’ value to over a $1.5 billion at the time of his passing.
He had notable disagreements with the commissioner’s office, fellow owners, managers and even his own players but also made significant and game-changing baseball moves in his career including being the first owner to sell his team’s television rights, turning the Yankees into a worldwide brand, signing free agents like Reggie Jackson, Dave Winfield and Alex Rodriguez, and building the most lavish stadium in baseball history.
Steinbrenner’s son Hal, the franchise’s co-chairperson, general partner and de facto public face who earned a Master’s degree in business administration from the University of Florida in 1994, is one of the reasons his father decided to become a full-fledged Bull Gator and generous contributor to the Florida Gators program.
Though Steinbrenner did donate the lights at McKethan Stadium to the school in 1977, his largest contribution is the Steinbrenner Band Building, which was made possible by a generous gift commitment (believed to be in the seven-figures) from the family in 2002. Completed in the spring of 2008, it is located adjacent to the Music Building and serves a number of purposes for The Pride of the Sunshine, The University of Florida Fightin’ Gator Marching Band.
He also donated $260,000 in 1989 to help UF build the College of Veterinary Medicine’s large animal hospital and another $400,000 in 2005 which went toward the purchase of an equine imaging machine. Steinbrenner owned stables and horses.
Recently, George M. Steinbrenner Field in Tampa, FL, hosted The Florida Four, a two-game baseball tournament featuring arguably the four best schools in the state including the Gators. It was something Steinbrenner had hoped to see before he passed on, and he had the chance to do just that on March 2.
“As a past collegiate coach, it is George Steinbrenner’s dream to create this event for Tampa,” said Felix Lopez, the Yankees’ senior vice president.
A native of Ohio, the only time Steinbrenner did not root for Florida was during the 2006 BCS National Championship; instead, he cheered on his Ohio State Buckeyes.
“I wish the University of Florida luck in the championship game,” Steinbrenner said at the time, “but I have to say that I’m rooting for Ohio State.”