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RIP George Steinbrenner

Interesting (at least to me) tidbit. that brings it back to basses.

George bought the Yankees from the previous inept owner - CBS. They were no better at running a legendary baseball franchise than they were a legendary instrument manufacturer.
 
Fender vs. The Yankees

Well we know CBS bought Fender for about $13 million dollars in 1965 and sold the Yankees to Steinbrenner in 1973 for $10 million.

All the news on Steinbrenner this week and they are estimating the Yankees are worth $1.6 Billion.

"William Mendello, then president of Fender Musical Instruments, told Forbes in 1996 that he estimated the value of the company at about $250 million if it went public. Revenues for the closely-held company were estimated at $160 million."

Amazing what he did for the Yankees...
 
Fender vs. The Yankees

Well we know CBS bought Fender for about $13 million dollars in 1965 and sold the Yankees to Steinbrenner in 1973 for $10 million.

All the news on Steinbrenner this week and they are estimating the Yankees are worth $1.6 Billion.

"William Mendello, then president of Fender Musical Instruments, told Forbes in 1996 that he estimated the value of the company at about $250 million if it went public. Revenues for the closely-held company were estimated at $160 million."

Amazing what he did for the Yankees...

Hehe.

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Listening to Tampa sports radio, I'm learning more and more of Steinbrenner's philanthropy. A wing of a hospital is public knowledge, but there are so many more examples of the good the man did that wasn't publicized. And to think when I was a kid, the NY press absolutely SAVAGED the guy.