Bought the New York Yankees in 1945 with
Del Webb and Larry MacPhail,
father of
Lee MacPhail and grandfather of
Andy MacPhail. In 1964, he and Webb (they had bought out MacPhail years earlier) sold it to
William Paley and his company, CBS. Paley sold the team in 1973 to a group of investors led by
George M. Steinbrenner III.