Steinbrenner Greatest Owner In Sports

George Steinbrenner passed away on Tuesday, nine days following his 80th birthday. He died of a massive heart attack on that Tuesday morning, and was pronounced dead shortly after. Steinbrenner was the owner of the New York Yankees, the greatest franchise in North American sports. Steinbrenner has been in declining health recently, which is the reason he turned over full control to his sons Hank and Hal.

Steinbrenner purchased the Yankees with a group of investors from CBS in 1973. At that time, the Yankees were long gone from their glory days of the 1950s and early 1960s. They weren't a good franchise at that time, with the Baltimore Orioles and the Oakland Athletics being the dominant franchise in the American League. That soon changed once Steinbrenner took control. He didn't waste time turning the Yankees into contenders.

He signed Catfish Hunter and Reggie Jackson away from the Athletics to huge contracts, and in 1976, the Yankees won the pennant but lost the World Series. However, they went on to win the next two World Series championships, and made another appearance in 1981. The Yankees had gotten their winning ways back, but after 1981, that would change.

Hunter retired in 1979, and Jackson left the Yankees after that 1981 season. The Yankees saw the dark days again, with the historic Yankee Stadium being half empty on many nights. Their lone bright spot, Don Mattingly, started his career in 1982. He retired after the 1995 season, in which the Yankees made the postseason for the first time since that 1981 World Series appearance. Steinbrenner was also banned for life from baseball in 1990 for paying someone $40,000 to find "dirt" on Dave Winfield, who had a tumultuous nine seasons with the Yankees.

When Steinbrenner came back in 1993, the Yankees showed promise because Steinbrenner let the brain trust do their work. The Yankees contended in 1993, and were dominating baseball in 1994 before the baseball strike. After being eliminated in the divisional round in 1995 to the Seattle Mariners, the Yankees went on to win four World Series championships in the next five seasons. The Yankees also got another championship last season, giving Steinbrenner seven in his years as the Yankee owner.

Steinbrenner was not afraid to outspend the competition, which forced other teams to pay their great players. Steinbrenner should be thanked by players for having high salaries today. Before the 2009 season, the Yankees signed P A.J. Burnett, P C.C. Sabathia, and 1B Mark Teixeira to over $400 million in contracts. Steinbrenner was all about winning, and bolstered the team's value as well. The Yankees are now worth over a billion dollars, which is a far cry from the $10 million him and his investors spent on the team over 35 years ago. He will be missed, not only by New York fans, but by everyone in the business. It's hard to tell whether his absence will impact baseball now, but if he wasn't involved in baseball, it wouldn't be the sport that it is today.