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Steinbrenner's Yanks: Most valuable franchise in U.S.
Photo credit: AP | This Oct. 21, 1981, file photo shows New York Yankees owner George Steinbrenner working at his desk at Yankee Stadium in New York, before Game 2 of the World Series. On the wall behind Steinbrenner is an autographed photo of Cary Grant. A person close to George Steinbrenner says the Yankees owner died Tuesday morning, July 13, 2010.
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George Steinbrenner
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As anyone who's seen the iconic New York Yankees hat on the streets of Paris or Sydney knows, the franchise under George Steinbrenner was a success far beyond the corner of East 161st Street and River Avenue in the Bronx.
"He bought the team for $10 million" in 1973, said Bruce Johnson, a sports economist at Centre College in Kentucky. "Now they're probably the most valuable franchise in professional...
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