Joe Molloy
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Joseph Anthony Molloy (born March 13, 1961) is an American teacher and baseball executive. He was the managing general partner of the
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Am ...
of
Major League Baseball Major League Baseball (MLB) is a professional baseball league composed of 30 teams, divided equally between the National League (baseball), National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. MLB i ...
from 1988 to 1998. He served as acting owner during the suspension of
George Steinbrenner George Michael Steinbrenner III (July 4, 1930July 13, 2010) was an American businessman who was the principal owner and managing partner of Major League Baseball's New York Yankees from 1973 until his death in 2010. He was the longest-serving own ...
from 1992 to 1993.


Career

Molloy attended St. Lawrence Catholic School and
Tampa Catholic High School Tampa Catholic High School is a diocesan, Catholic, coeducational high school located in Tampa, Florida, United States, founded in 1962. It is in the Roman Catholic Diocese of Saint Petersburg. Its motto is "Veritas et Caritas," which means "T ...
in
Tampa, Florida Tampa ( ) is a city on the Gulf Coast of the United States, Gulf Coast of the U.S. state of Florida. Tampa's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and t ...
. He attended a
seminary A seminary, school of theology, theological college, or divinity school is an educational institution for educating students (sometimes called seminarians) in scripture and theology, generally to prepare them for ordination to serve as cle ...
for six months after high school. After deciding against clergyhood, Molloy obtained his college degree and became a science and physical education teacher at St. Lawrence. He also coached the school's basketball team. Molloy joined the front office of the
New York Yankees The New York Yankees are an American professional baseball team based in the Boroughs of New York City, New York City borough of the Bronx. The Yankees compete in Major League Baseball (MLB) as a member club of the American League (AL) Am ...
of
Major League Baseball Major League Baseball (MLB) is a professional baseball league composed of 30 teams, divided equally between the National League (baseball), National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. MLB i ...
(MLB) in 1988. He was promoted to vice president in 1989.
George Steinbrenner George Michael Steinbrenner III (July 4, 1930July 13, 2010) was an American businessman who was the principal owner and managing partner of Major League Baseball's New York Yankees from 1973 until his death in 2010. He was the longest-serving own ...
, the owner of the Yankees, was banned from the Yankees in 1990 for his association with a known gambler, whom he hired to find dirt on
Dave Winfield David Mark Winfield (born October 3, 1951) is an American former Major League Baseball (MLB) right fielder. He is the special assistant to the executive director of the Major League Baseball Players Association. Over his 22-year career, he playe ...
.
Hank Steinbrenner Henry George Steinbrenner III (April 2, 1957 – April 14, 2020) was an American businessman who was a part owner and co-chairman of the New York Yankees of Major League Baseball (MLB). He was the older brother of the team's principal own ...
, George's oldest son, declined the opportunity to run the Yankees.
Robert Nederlander Robert Elliot Nederlander Sr. (born April 10, 1933) is an American attorney and businessman who served as the president of the Nederlander Organization, which has been involved in the live theatre industry since the early 20th century. He is al ...
, a limited partner in the Yankees, served as managing general partner for 16 months before resigning. Daniel McCarthy, also a limited partner, was rejected by the commissioner. The Yankees then appointed Molloy in February 1992. He was unanimously approved. Under Molloy's leadership, the Yankees invested money into player development and scouting. He green-lit the selection of
Derek Jeter Derek Sanderson Jeter ( ; born June 26, 1974), nicknamed "the Captain", is an American former professional baseball shortstop, businessman, and baseball executive. As a player, Jeter spent his entire 20-year Major League Baseball (MLB) caree ...
in the
1992 MLB Draft The 1992 Major League Baseball draft took place on June 1, 1992, through a conference call involving all 28 MLB teams of the time. Phil Nevin of Cal State Fullerton was the first overall selection, chosen by the Houston Astros. Derek Jeter, sele ...
. Steinbrenner was reinstated on March 1, 1993, and Molloy remained a general partner. Molloy planned the development of Legends Field as a new
spring training Spring training, also called spring camp, is the preseason of the Summer Professional Baseball Leagues, such as Major League Baseball (MLB), and it is a series of practices and exhibition games preceding the start of the regular season. Spri ...
complex for the Yankees. He was also involved in hiring
Bob Watson Robert José Watson (April 10, 1946May 14, 2020) was an American professional baseball player, Coach (baseball), coach and General manager (baseball), general manager. He played in Major League Baseball as a first baseman and left fielder from ...
as the team's new
general manager A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of ...
. In 1997, Molloy requested a one-year leave of absence from the Yankees due to the stress of the job and George's managing style. He officially resigned from the Yankees in February. After leaving the Yankees, he returned to teaching. In 2017, Molloy joined a group that attempted to purchase the
Miami Marlins The Miami Marlins are an American professional baseball team based in Miami. The Marlins compete in Major League Baseball (MLB) as a member club of the National League (baseball), National League (NL) National League East, East Division. The ...
of MLB. In 2025, he formed a group that is seeking to purchase MLB's
Tampa Bay Rays The Tampa Bay Rays are an American professional baseball team based in the Tampa Bay area. The Rays compete in Major League Baseball (MLB) as a member club of the American League (AL) American League East, East Division. They are one of two major ...
.


Personal life

Molloy married Jessica Steinbrenner. Their first date occurred during the 1986 Hall of Fame Bowl and they married on November 7, 1987, at St. Patrick's Cathedral in New York. They separated in January 1998 and filed for divorce in March. Joe and Jessica's son, Robert, is a film producer. He runs the
production company A production company, production house or production studio is a studio that creates works in the fields of performing arts, new media art, film, television show, television, radio, comics, interactive arts, video games, websites, music, and video ...
Pinstripe Productions.


See also

*
Steinbrenner family The Steinbrenners are an American family of Irish-German descent. The family has owned the New York Yankees of Major League Baseball since George Steinbrenner purchased the franchise in 1973. After George's death, Hal Steinbrenner, his son, beca ...


References

{{DEFAULTSORT:Molloy, Joe Living people 1961 births People from Tampa, Florida New York Yankees executives Schoolteachers from Florida Steinbrenner family Tampa Catholic High School alumni