George Steinbrenner made the deal of the century.
He bought the Yankees from CBS in 1973 for $10 million -- using just $100,000 of his own money -- and turned the moribund franchise into a $1.6 billion benchmark for all sports teams.
In the 37 years he owned the Yankees, the Babe Ruth of business transformed what in 1973 was a second-division team with a third-rate attendance mark into the most valuable franchise in sports.
Combined with the 8-year-old Yes network and its estimated value of as much as $3 billion, Steinbrenner's initial investment has increased by an astounding 46,000 percent. Continue
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