WE NEED HIM BACK: The New York Yankees Owner Hal Stenibrenner announced to sell the team Due to Poor…
The Steinbrenner family will continue to be involved with the New York Yankees.
Hal Steinbrenner, the team’s owner, informed the New York Post’s Jon Heyman that he has no plans to sell the team.
In our exclusive, Hal responds quickly and forcefully to my question about selling the team. In the complete show, he discusses Cash, Boone, Ohtani, and Judge, as well as revealing what the Yankees did for Volpe when he joined the team. And I evaluate the Yankees (OK) and the Mets (less than OK).
“There is no consideration of selling the team. This is a multigenerational endeavor at this point. Two of my nephews are now full-time employees at our Himes complex, our player development facility in Tampa. My niece and my sister co-run the Tampa Foundation. Therefore, obviously, we are really invested as a family; therefore, there are no talks or plans to get rid of me just yet.”
It is not the first time there have been rumors of a possible sale, and Steinbrenner has previously denied them. In 2012, he stated unequivocally that he had no plans to sell.
“It is pure fiction,” Steinbrenner remarked of a New York Daily News article claiming he was exploring a sale. “The Yankees aren’t for sale. I anticipate that the Yankees will be in my family for many years to come.”
The team has been owned by the Steinbrenner family since 1973, when a company led by the late George M. Steinbrenner purchased it for $8.8 million.
Since then, the team has won seven World Series championships and advanced to the Fall Classic 11 times. The team has experienced something of a title drought by its own exalted standards, with its last championship coming in 2009, one year before George M. Steinbrenner’s death.
“I realize it’s a great responsibility,” Hal Steinbrenner stated in 2012 about owning the Yankees. “Needless to say, my dad is a tough act to follow.”