The New York Yankees have confirmed that co-owner Hank Steinbrenner has died at the age of 63.
Steinbrenner passed away at his home in Clearwater, Florida on Tuesday following a long illness.
He was the eldest son of the former Yankees owner George Steinbrenner and, following his father's death in 2010, shared ownership of Major League Baseball team - the most successful in MLB history - with his brother Hal and his sisters Jessica and Jennifer.
Hank and Hal took control of team affairs in 2007 as their father's health began to fail.
"Hank was a genuine and gentle spirit who treasured the deep relationships he formed with those closest to him," said a statement from the Steinbrenner family issued via the Yankees.
"He was introduced to the Yankees organisation at a very young age, and his love for sports and competition continued to burn brightly through his life."
Steinbrenner is survived by his siblings and four children.
Additional reporting by PA.
