Principal Owner
"Success in both the world of business and sports is nothing new to George M. Steinbrenner, Principal Owner of the New York Yankees.
In 1973, Steinbrenner put together the group that purchased the New York Yankees from CBS. Under his direction, it took only five years for his aggressive leadership to turn the Yankees once again into World Champions. In addition, since his purchase of the club, the Yankees have won more games than any other club in major league baseball and are the last team to win consecutive World Championships.
His success in the sports world is not limited to the Yankees. He was a multi-sport athlete at Culver Military Academy, where he is in the Athletic Hall of Fame, and at Williams College. He began his coaching career as an assistant football coach at two Big Ten schools, Northwestern and Purdue, and followed that by assembling championship basketball teams in both the National Industrial and American Basketball Leagues. More recently, in 1987, he captured the NARHMA Celebrity Challenge Series as a harness race driver. He also devotes a great deal of time to his extensive interest in thoroughbred breeding and racing which includes his 800-acre stud farm in Florida.
He serves as Chairman of The American Shipbuilding Company and has extensive interests in shipping and towing on the Great Lakes and in the ocean. In 1983 he was honored as Florida's Industrialist of the Year.
A holder of four honorary doctorate degrees, Steinbrenner is heavily involved in civic and community causes. He serves on the board of directors of a number of university foundations and annually underwrites the Whitney Young College Football Classic in New York City which provides college scholarships for deserving students who otherwise would not be able to attend college.
He is also the founder of the Silver Shield Foundation in New York City and the Gold Shield Foundation in Tampa, which provides college educations for all children of policemen, housing and transit police, and firefighters and state troopers who gave their lives in the line of duty."
-1990 New York Yankees Information Guide
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