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Uploaded on Jul 13, 2010
New York Yankees owner George Steinbrenner has died, Steinbrenner's spokesman said.
"It is with profound sadness that the family of George M. Steinbrenner III announces his passing," a statement from his family said. ""He was an incredible and charitable man. First and foremost he was devoted to his entire family -- his beloved wife, Joan; his sisters, Susan Norpell and Judy Kamm, his children, Hank, Jennifer, Jessica and Hal; and all of his grandchildren.
"He was a visionary and a giant in the world of sports. He took a great but struggling franchise and turned it into a champion again."
The team has seven World Series trophies -- 1977, '78, '96, '98, '99, 2000 and '09 earned under Steinbrenner's ownership since 1973.
"Owning the Yankees," Steinbrenner once said, "is like owning the Mona Lisa."