*New York Yankees owner George Steinbrenner, who rebuilt the franchise into a sports empire – polarizing fans in the process, died Tuesday, just days after celebrating his 80th birthday on July 4.

Steinbrenner had a heart attack, was taken to St. Joseph’s Hospital in Tampa, Fla., and died at about 6:30 a.m. ET, according to multiple reports.

“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,” the Steinbrenner family said in a statement.

“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 said that funeral arrangements will be private, however details about an additional public service will be announced at a later date.