2007 New York Yankees Season - End of An Era

End of An Era

On October 14, 2007, George Steinbrenner relenquished control of the Yankees to his two sons, Hank and Hal Steinbrenner. The brothers will take on control not only of the Yankees but also the YES Network and the construction of the new Yankee Stadium. "I'll pay more attention to the baseball part", Hank Steinbrenner said. "The stadium, that's more Hal. But basically everything will be decided jointly." Technically, Steinbrenner is not completely gone. He has given himself Chairman-like position on the team. "George has taken on a role like the chairman of a major corporation", team president Randy Levine told the New York Post. "He's been saying for years he's wanted to get his sons involved in the family business. Both of them have stepped up and are taking on the day-to-day duties of what's required to run the Yankees."

After the Yankees were eliminated the postseason, the fate of Joe Torre, the Yankees' manager since 1996, was in question. The team mulled what to do while speculation grew that Torre would not be brought back as manager. The team eventually offered him a contract that had a reduced salary with incentives, but Torre, who felt he was being treated unfairly even after his long tenure with the team, rejected the offer. He subsequently was hired by the Los Angeles Dodgers. The Yankees would hire Joe Girardi as Torre's replacement.