New York Yankees owner George Steinbrenner, 80, died this morning, around 6:30 AM ET, according to The New York Daily News. Steinbrenner  suffered a massive heart attack last night in Tampa, FL and could not recover.

A statement from George Steinbrenner's Family:

It is with profound sadness that the family of George M. Steinbrenner III announces his passing. He passed away this morning in Tampa, Fla., at age 80,

He was an incredible and charitable man. First and foremost he was devoted to his entire family - his beloved wife, Joan; his sisters, Susan Norpell and Judy Kamm, his children, Hank, Jennifer Jessica and Hal; and all of his grandchildren.

He was a visionary and a giant in the world of sports. He took a great but struggling franchise and turned it into a champion again.

The Steinbrenner family will hold private funeral arrangements, but will have a public service as well that will be announced at a later date.

George just celebrated his 80th birthday over the  fourth of July weekend, and said he was doing well just a week ago at his Spring Facility.  George is probably one of the best owners ever, the Yankess won 11 AL pennants, and seven World Series titles under his régime.

George bought the Yankees for just $10 million dollars, and now the team is worth $1.5-1.6 BILLION.  George Steinbrenner's sons, Hank and Hal took over the team in late 2007.   Hopefully they can continue the Steinbrenner tradition for years to come.

It's hard to sum up George Steinbrenner is just one line, but if I had to choose one of his quotes, "Winning is the most important thing in my life, after breathing. Breathing first, winning next," is his best quote.

George Steinbrenner is a legend and will be missed by many.

RIP George