Last week, the hopes of millions of Knick fans were dashed when Lebron James “took his talents to South Beach.” Back in 1973, however, we got the one that mattered when Cleveland’s own George Steinbrenner purchased the New York Yankees from CBS for ten million dollars. 37 years later the franchise value, following 11 pennants and 7 World Championships, stands at well over a billion.
Steinbrenner died this morning or a heart attack at his home, following a prolonged deterioration of his health. The Boss held on long enough to close the House That Ruth Built with an All-Star Game and open up the house that George built with its 27th title, an unparalleled accomplishment.
Before he departed Cleveland for the South, South Bronx, Steinbrenner was a true blue Ohioan, revitalizing the Cleveland-based family shipping business and taking ownership in the old ABL (American Basketball League) Cleveland Pipers. George hired the first Black coach of a professional Basketball team, beating out Bill Russell and the Celtics by five years. The man who won more than Khaled secured the league’s only championship in 1962. In a similar way with Lebron, The Boss failed in his attempt to buy the Cleveland Indians and sought his victory elsewhere. That’s when the opportunity to purchase the Yankees presented itself.
To read the rest of the article, click here
Like the new article format? Send us feedback!