New York Yankees co-owner Hank Steinbrenner dies at 63 after long illness

New York Yankees co-owner Hank Steinbrenner died Tuesday following a lengthy illness. He was 63. 

The eldest son of former Yankees owner George Steinbrenner and his brother Hal assumed co-ownership of the team in 2010 following the death of their father, who had essentially given the duo control of the team years earlier due to his own declining health. 

"Hank was a genuine spirit who treasured the deep relationships he formed with those closest to him," the family said in a statement announcing his death. "He was introduced to the Yankees organization at a very young age, and his love for sports and competition continued to burn brightly throughout his life.

"Hank could be direct and outspoken, but in the very same conversation show great tenderness and light-heartedness. More than anything, he set an example for all of us in how comfortably he lived by enjoying his personal passions and pursuits. We are profoundly saddened to have lost him and will carry his memory with us always." 

Hank Steinbrenner initially appeared to follow in his father's footsteps, taking shots at the Red Sox and making headlines in the late 2000s. However, Hal emerged as the front-facing owner over the last decade or so. 

Hank Steinbrenner leaves behind four children and is also survived by his two sisters, Jennifer and Jessica.