From the AP via SI -
Steinbrenner spends most of his time in Tampa, and has slowly been giving up control of the operation to his family members, including son-in-law Steve Swindal, 50, and his sons Hank, 47, and Hal, 36. Steinbrenner has designated Swindal as his successor.
“I have relinquished pretty much all control of the Yankees,” Steinbrenner said. “I had to make room for the young people. You can’t hold them back.”
Then again, George once said:
“We plan absentee ownership as far as running the Yankees is concerned. We’re not going to pretend to be something we aren’t. I’ll stick to building ships.”
But, I do believe him this time. There is little question in my mind that Stein is an old tiger sensing his end.
I still hope he gets into Cooperstown someday.