TAMPA, FL – New York Yankees owner, George Steinbrenner, was rushed to St. Joseph’s hospital in Tampa Monday night after suffering a massive heart attack. He was pronounced dead Tuesday morning.

George Steinbrenner, New York Yankees owner, dies at age 80.

A rep for the Steinbrenner family has released a statement saying, “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.”

Steinbrenner, often referred to as ‘The Boss’, was a U.S. Navy veteran and owner of The New York Yankees. Due to health reasons he retired from running the Yankees in 2006 leaving his sons Hank and Hal to run the team.

Under Steinbrenner ownership, the Yankees locked up 11 pennants and 7 World Series titles.

The rep adds, “Funeral arrangements will be private. There will be an additional public service with details to be announced at a later date.”