GayThailand Forum : George Steinbrenner, Yankees Owner, Dies at 80 - GayThailand Forum

George Steinbrenner, Yankees Owner, Dies at 80

By RICHARD GOLDSTEIN
Published: July 13, 2010

George Steinbrenner, who bought a declining Yankees team in 1973, promised to stay out of its daily affairs and then, in an often tumultuous reign, placed his formidable stamp on 7 World Series championship teams, 11 pennant winners and a sporting world powerhouse valued at perhaps $1.6 billion, died Tuesday morning, the team announced. He was 80 and lived in Tampa, Fla.

George Steinbrenner

And he can't take a penny of that 1.6 billion with him.

luvthai, on 14 July 2010 - 01:50 PM, said:

True, but I bet George is laughing...
all the way to those Pearly Gates...

Sine he died in 2010...there is ZERO ....US Federal Estate Tax.

His family gets ALL of it! ..an estimated 1.6 Billion Dollars!
and saves nearly 700 Million Dollars which would have been the
estimated Estate Tax if he had died in 2011.

Such timing!

RIP George...he was a very special fella...
Most know of his activity with baseball and the Yankees...
but he also was a dynamic leader in the US Olympic Committee.

I had the served with him years ago ...
on the US Olympic Committee Executive Board...
a genuine nice guy...and his participation and leadership was
meaningful and appreciated by all those in the US Olympic Family.

He will be missed by many...

tj