The Yankee announced today that Hal Steinbrenner was elected chairman of the board of Yankee Global Enterprises, LLC.
What does this mean for you, a fan of the team?
That was the job held by Steve Swindal, who was George Steinbrenner’s designated successor before he was was sued for divorce in the spring by Big Stein’s daughter and drummed out of the organization. This move likely indicates that Hal Steinbrenner is first in line to replace his father as principal owner.
“I am very honored to be elected Chairman of Yankee Global Enterprises LLC,” Hal Steinbrenner said in a statement released by the team. “There are many exciting ventures that we’re considering, and I look forward to working hard to bring about success for our organization and for all Yankee fans.”