Who Currently Owns the New York Yankees?

The New York Yankees are a baseball team with a long and successful history. They have won many championships over the years, and are currently owned by the Steinbrenner family.

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The Steinbrenner Family

The current principal owner of the New York Yankees is Hal Steinbrenner, son of George Steinbrenner. The Steinbrenner family has owned the team since 1973. George Steinbrenner bought the team from CBS for $10 million. At the time, it was the most expensive transaction in sports history.

The Steinbrenner family has been majority owners of the Yankees since 2000, when George’s son Hank took over as controlling owner after his father’s death. Other members of the Steinbrenner family own smaller shares of the team. Deborah Steiner-K opposites her brother Hal as a general partner, while Jennifer Swindal is also a limited partner.

The Yankees are also partially owned by Goldman Sachs and Legends Hospitality LLC. Goldman Sachs owns 20% of Yankees Global Enterprises, which is the umbrella company that oversees both the Yankees and Yankee Stadium. Legends Hospitality LLC is a company that handles concessions and other services at Yankee Stadium and other venues nationwide.

Hal and Hank Steinbrenner

Hal Steinbrenner is the principal owner and managing general partner of the New York Yankees. He is the eldest son of George Steinbrenner, who bought the team in 1973. Hank Steinbrenner is Hal’s younger brother and serves as co-chairman of Yankee Global Enterprises, the umbrella company for the Yankees.

Other Steinbrenner Family Members

While the late George Steinbrenner is credited with turning the Yankees into baseball’s most successful franchise, he wasn’t the only Steinbrenner involved in the team’s success. George’s brother, Henry, was also a key figure in the Yankees’ turnaround.

George and Henry Steinbrenner bought the Yankees from CBS in 1973 for $8.7 million. At the time, the team was struggling, having won just one World Series since 1958. Under the Steinbrenner brothers’ ownership, however, the Yankees quickly became a powerhouse, winning five World Series titles between 1977 and 1981.

Henry Steinbrenner served as a general partner of the Yankees until his death in 2010. His son, Hank Steinbrenner, is currently co-chairman of the Yankees. Hank’s sister, Jessica Steinbrenner, is also on the Yankees’ board of directors.

In addition to Hank and Jessica Steinbrenner, George Steinbrenner’s four daughters – Jennifer Steinbrenner-Swindal, Judy steinbrenner Dalzell, Leslie SteiNBrenneR King and themesha stEinBrEnneR-jacksOn – are also involved with the team.Jennifer is vice president of player development and scouting for the Yankees, while Judy is a member of the team’s board of directors. Leslie serves as vice chairman and treasurer of Yankee Global Enterprises (YGE), the organization that oversees all of the team’s business operations, and Dominguez is a vice president for YGE

The New York Yankees Foundation

The New York Yankees Foundation is a not-for-profit corporation formed in 1991 to continue the tradition of philanthropy and community involvement that has always been an integral part of the Yankees organization.

The mission of the Foundation is twofold: to promote the growth and development of baseball among inner-city youth and to support charitable organizations and programs focused on improving the quality of life for children, families and senior citizens in need.

Since its inception, the Foundation has awarded more than $23 million in grants to various charities across the country.

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