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New York Yankees Say They're Not For Sale

WAMC Northeast Public Radio | By Dave Lucas
Published May 25, 2012 at 8:18 AM EDT
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The New York Yankees say they aren't for sale. WAMC's Dave Lucas reports… 

The Daily News reported Thursday that there were rumors in Major League Baseball and New York banking circles that the Steinbrenner family "is exploring the possibility of selling the Yankees."

Not so, says Yankees managing partner Hal Steinbrenner. He says the idea of a Yankees sale is "pure fiction" and "I expect that the Yankees will be in my family for many years to come."

Hal's father, George Steinbrenner, headed a group that bought the Yankees from CBS Inc. in 1973 for about $8.7 million net. The elder Steinbrenner died two years ago.

Yankees officials have also said the team is not for sale.

Dave Lucas, WAMC News. 

Copyright 2012 The Associated Press.  All Rights Reserved.
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New York News new yorkSteinbrennerYankeessale
Dave Lucas
Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
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