July 30, 1990

George Steinbrenner is forced by Commissioner Fay Vincent to resign as principal owner of the New York Yankees.


New York City, United States | Major League Baseball

Watercolor painting based depiction of George Steinbrenner is forced by Commissioner Fay Vincent to resign as principal owner of the New York Yankees. (1990)

George Steinbrenner’s Resignation as Principal Owner of the New York Yankees

On July 30, 1990, George Steinbrenner, the principal owner of the New York Yankees, was compelled to resign from his position by Major League Baseball Commissioner Fay Vincent. This event marked a significant moment in the history of the Yankees and Major League Baseball.

Background

George Steinbrenner, often referred to as “The Boss,” had acquired the Yankees in 1973. Under his ownership, the team experienced both tremendous success and notable controversy. Steinbrenner was known for his hands-on management style, frequent managerial changes, and a strong desire to win at any cost. The Yankees won multiple World Series titles during his tenure, but his leadership was often polarizing.

The Incident Leading to Resignation

The forced resignation stemmed from Steinbrenner’s involvement with a gambler named Howard Spira. Steinbrenner had paid Spira $40,000 to dig up damaging information on Dave Winfield, a star player for the Yankees with whom Steinbrenner had a contentious relationship. This payment was part of a broader dispute between Steinbrenner and Winfield, which included a lawsuit over a charitable foundation that Winfield had set up.

Commissioner Fay Vincent, who had taken office in 1989, viewed Steinbrenner’s actions as detrimental to the integrity of baseball. After an investigation, Vincent concluded that Steinbrenner’s conduct was not in the best interests of the game.

The Resignation

On July 30, 1990, Steinbrenner agreed to step down as the principal owner of the Yankees. While he retained a financial interest in the team, he relinquished his day-to-day control and management responsibilities. This decision was part of an agreement with Commissioner Vincent, who sought to maintain the integrity and reputation of Major League Baseball.

Aftermath and Historical Significance

Steinbrenner’s resignation was a pivotal moment for the Yankees. It temporarily shifted the management of the team to a committee of executives. However, Steinbrenner’s absence was not permanent. In 1993, he was reinstated as the principal owner, resuming his active role in the team’s operations.

The incident highlighted the challenges of balancing aggressive ownership with the ethical standards expected in professional sports. It also underscored the authority of the MLB Commissioner in enforcing conduct policies.

Steinbrenner’s legacy remains complex. He is remembered for his passionate commitment to the Yankees and his significant impact on the team’s success, as well as for the controversies that surrounded his tenure. His forced resignation in 1990 is a testament to the ongoing tension between ambition and ethics in sports management.