, 1980 Steinbrenner was part of an investment group led by
Arthur M. Wirtz that purchased the
Chicago Bulls on 25 July 1972 and sold controlling interest in the franchise to
Jerry Reinsdorf on 8 February 1985. Among his fellow Bulls investors was
Lester Crown and Cleveland-based businessmen Edward Ginsberg and Sheldon Guren, all four of whom would venture into purchasing a
Major League Baseball (MLB) team just over five months later. The Yankees had been struggling during their years under
CBS ownership, which had acquired the team in
1965. In 1972, CBS chairman
William S. Paley told team president
E. Michael Burke the media company intended to sell the club. As Burke later told writer
Roger Kahn, Paley offered to sell the franchise to Burke if he could find financial backing. Steinbrenner, who had participated in a failed attempt to buy the
Cleveland Indians from
Vernon Stouffer one year earlier, and who had been an investor in Buffalo's failed
1969 Major League Baseball expansion bid, was brought together with Burke by veteran baseball executive
Gabe Paul. On January 3, 1973, Steinbrenner and minority partner Burke led a group of investors which also included Nederlander, Crown, Ginsberg, Guren,
John DeLorean,
Nelson Bunker Hunt, and
Marvin L. Warner in purchasing the Yankees from CBS. For years, the selling price was reported to be $10 million. However, Steinbrenner later revealed that the deal included two parking garages that CBS had bought from the city, and soon after the deal closed, CBS bought back the garages for $1.2 million. The net cost to the group for the Yankees was, therefore, $8.8 million. The announced intention was that Burke would continue to run the team as club president. But Burke later became angry when he found out that Paul had been brought in as a senior Yankee executive, reducing his authority, and quit the team presidency in April 1973. (Burke remained a minority owner of the club into the following decade, but as fellow minority owner
John McMullen stated, "There is nothing in life quite so limited as being a limited partner of George Steinbrenner.") Paul was officially named president of the club on April 19. It would be the first of many high-profile departures with employees who crossed paths with "The Boss". At the conclusion of the
1973 season, two more prominent names departed:
manager Ralph Houk, who resigned and took a similar position with the
Detroit Tigers; and general manager
Lee MacPhail, who became president of the
American League. The 1973 off-season would continue to be controversial when Steinbrenner and Paul fought to hire former
Oakland Athletics manager
Dick Williams, who had resigned immediately after leading the team to its second straight
World Series title. However, because Williams was still under contract to Oakland, the subsequent legal wrangling prevented the Yankees from hiring him. On the first anniversary of the team's ownership change, the Yankees hired former
Pittsburgh Pirates manager
Bill Virdon to lead the team on the field. During the
1981 World Series, Steinbrenner provided a colorful backdrop to the Yankees' loss of the series. After a Game 3 loss in Los Angeles, Steinbrenner called a press conference in his hotel room, showing off his left hand in a cast and various other injuries that he claimed were earned in a fight with two Dodgers fans in the hotel elevator. Nobody came forward about the fight, leading to the belief that he had made up the story of the fight to light a fire under the Yankees. After the series, he issued a public apology to the City of New York for his team's performance, while at the same time assuring the fans that plans to put the team together for 1982 would begin immediately. He was criticized by players and press alike for doing so, as many felt losing in the World Series was not something requiring an apology.
Facial hair policy Steinbrenner enforced a military-style grooming code: All
players, coaches, and male executives were forbidden to display any facial hair other than
mustaches (except for religious reasons), and scalp
hair could not be grown below the collar. (Long sideburns and "mutton chops" were not specifically banned.) The policy led to some unusual and comical incidents. The first such occurrence happened when the
Yankees were standing at attention with
caps removed for the
National Anthem prior to the ballclub's
home opener against the
Cleveland Indians. In the owner's box next to the New York
dugout, Steinbrenner noticed that several players' hair was too long for his standards. Not yet aware of the players' names, he wrote down the uniform numbers of the offenders which included
Thurman Munson,
Bobby Murcer, and
Sparky Lyle and had the list with the demand that their hair be trimmed immediately delivered to Houk who reluctantly relayed the order to the players after the game. In 1983, at Steinbrenner's behest, Yankee coach
Yogi Berra ordered
Goose Gossage to remove a beard he was growing. Gossage responded by shaving away the beard but leaving a
thick exaggerated mustache extending down the upper lip to the jaw line, a look Gossage still sports to this day. The most infamous incident involving facial hair occurred in 1991. Although Steinbrenner was suspended, Yankees management ordered
Don Mattingly, who was then sporting a
mullet-like hairstyle, to get a haircut. When Mattingly refused, he was benched. Steinbrenner later noted, "He looks like a Yankee, he sounds like a Yankee and he is a Yankee." Damon claimed he was already planning on cutting his hair after the 2005 season. In 1985, Steinbrenner derided Winfield's poor performance in a key September series against the
Toronto Blue Jays: This criticism eventually became somewhat of an
anachronism, as many believed Steinbrenner made the statement following the
1981 World Series. Part of that comment later led
Ken Griffey Jr. to list the Yankees as one team for which he would never play. In 2001, Winfield cited Steinbrenner's animosity as a factor in his decision to enter the
Hall of Fame as a representative of his first team, the
San Diego Padres, rather than the team that increased his national recognition, the Yankees.
Reinstatement and championship years Steinbrenner was reinstated in 1993. Unlike past years, he was somewhat less inclined to interfere in the Yankees' baseball operations. He left day-to-day baseball matters in the hands of
Gene Michael and other executives and allowed promising farm-system players such as
Bernie Williams to develop instead of trading them for established players. Steinbrenner's having "got religion" (in the words of
New York Daily News reporter Bill Madden) paid off. After contending only briefly two years earlier, the
1993 Yankees were in the American League East race with the eventual champion
Toronto Blue Jays until September. The
1994 Yankees were the American League East leaders when a
players' strike wiped out the rest of the season. Coincidentally, a
players' strike had aided their 1981 playoff effort. In 1996, the Yankees beat the Atlanta Braves in six games to win the
World Series. They went on to Series wins in , , and , and fell short of a fourth straight title in with a seventh-game loss to the
Arizona Diamondbacks. The Yankees then made the playoffs every season through 2007. In 2008, the
Yankees ended their postseason run with a third-place finish in the
American League East. However, in 2009, the
Yankees defeated the
Philadelphia Phillies in the
World Series to win a 27th championship, seven of which had been won under Steinbrenner's ownership. ==Retirement==