Economics
Steinbrenner Oversaw 15,900% Rise in Yankee Value: Chart of Day
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In George Steinbrenner’s 37-year tenure as owner, the value of the New York Yankees increased by about 15,900 percent.
The CHART OF THE DAY shows the estimated value of the Major League Baseball franchise increased to about $1.6 billion from about $10 million when Steinbrenner, who died today at 80, bought the team in 1973, according to analysis by Forbes magazine.