- Joined Feb 7, 2009
When Hank and Hal Steinbrenner took over control of the Yanks from their ailing father George, many fans feared the the family would try to cash in on their billion-dollar asset. Although Yankee fans knew the destructive tendencies wrought by King George during his team, they also came to love George’s singular focus on winning and knew that any other potential ownership group brought with it fears of a heavy hand and bad baseball minds.
Today, Sports Business Journal confirms what we were dreading. According to sports industry trade, the Steinbrenners are in talks with the Dolan family concerning the Yanks. Although neither side would confirm the talks, a source close to the Yanks told SBJ staff writer Eric Fisher that a deal could be reached before the All Star Break. At that point, the other owners would have to vote to approve the deal.
“Ever since Hal and Hank were appointed co-chairs of the team,