The New York Yankees owner George Steinbrenner has officially handed control of the major league team to his son, Hal, ending an often tempestuous 35-year reign over baseball's most famous franchise.
The 78-year-old Steinbrenner headed a group that bought the American League club in January 1973.
Each major league club has a designated control person who is accountable to Major League Baseball for the operation of the club and its compliance with the rules.