January 3 in Yankees History: New York Yankees are sold by the Columbia Broadcasting System to a group of 17 investors, headed up by shipbuilding magnate George (1973)

On January 3, 1973, the New York Yankees are sold by the Columbia Broadcasting System to a group of 17 investors, “There is nothing in life quite so limited as being a limited partner of George Steinbrenner.” – Yankees minority owner John McMullen Heading a limited partnership that includes Lester C

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Source: Historical record

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