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Absentee owner. years later he died as the least absentee owner in sports history a man who changed his team, city, sport, and his business. our number two story tonight george michael steinbrenner iii dead at the age of 80. i ll be joined presently by baseball documentarian ken burns and 12-season yankee manager joe torre. it is hard to envision in the ever packed new yankee stadium after a world s championship, after seven world series appearances in the last 13 years and tickets costing $1500 apiece but when cbs sold george steinbrenner the franchise, the top ticket price was $4. and part of the deal was that the new owner had to pretend he was paying just about as much as cbs had a decade earlier, $13 million, when, in fact, he was paying and his group was paying only $10 million. the franchise is now worth about $1.5 billion. the television network george steinbrenner created around it, $2 billion more. steinbrenner s original personal investment? $168,000. within two years he wou ....
Years later he died as the least absentee owner in sports history a man who changed his team, city, sport, and his business. our number two story tonight george michael steinbrenner iii dead at the age of 80. i ll be joined presently by baseball documentarian ken burns and 12-season yankee manager joe torre. it is hard to envision in the ever packed new yankee stadium after a world s championship, after seven world series appearances in the last 13 years and tickets costing $1500 apiece but when cbs sold george steinbrenner the franchise, the top ticket price was $4. and part of the deal was that the new owner had to pretend he was paying just about as much as cbs had a decade earlier, $13 million, when, in fact, he was paying and his group was paying only $10 million. the franchise is now worth about $1.5 billion. the television network george steinbrenner created around it, $2 billion more. steinbrenner s original personal investment? $168,000. within two years he would be ....