Yankees co-owner Hank Steinbrenner dies at age 63

New York Yankees co-owner Hank Steinbrenner died Tuesday from a longstanding health issue. He was 63.

Steinbrenner had served as general partner and co-chairperson, while his brother Hal Steinbrenner is the managing general partner.

Hank's now-deceased father George M. Steinbrenner III was once the principal owner of the team.

Hank is survived by two daughters, two sons, a granddaughter and his three younger siblings.

"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," the Steinbrenner family said in a statement. "Hank could be direct and outspoken, but in the very same conversation show great tenderness and light-heartedness."