MLB: Reports: George Steinbrenner suffers heart attack, Passes Away

George Steinbrenner-Dead

New York Yankees owner George Steinbrenner has died, his spokesman says
 
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double wow. RIP
 
hate the Yankees, but respected the business he grew and the world brand he helped create. RIP.
 
Re: George Steinbrenner-Dead

Good time to have a spokesman, I guess.

From a tax perspective, also a "fortunate" time to pass away. There is no estate tax in 2010. So his kids get his whole fortune, including the Yankees, tax free. Caveat: I don't the guys finances. But he obviously was a rich guy.
 
Re: George Steinbrenner-Dead

From a tax perspective, also a "fortunate" time to pass away. There is no estate tax in 2010. So his kids get his whole fortune, including the Yankees, tax free. Caveat: I don't the guys finances. But he obviously was a rich guy.

Not to sound morbid or anything, but this has been brought up on a Buffalo Bills podcast about Ralph Wilson and the status of the Bills.
 

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