Video: This Day in New York Sports: George Steinbrenner buys the Yankees ...Middle East

On January 3rd, 1973, George Steinbrenner and a group of investors purchased the New York Yankees from CBS for $10.8 million dollars. During Steinbrenner’s tenure as head honcho in The Bronx from 1973 through 2007, the Yankees captured 11 pennants and seven World Series titles, more than any other owner achieved in that time frame.

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