Wednesday, January 3, 2007
Red Sox History: January 3rd
On January 3rd of 1973 CBS sells the Yankees to Steinbrenner aswell as minority owners that contributed a total of $10 million. CBS reportedly took a loss on the transaction. Steinner said that he would not be that involved in the Yankees organized and would mostly be focusing on his ship building business. A business that would later file for bankruptcy in 1993.