Steinbrenner family may face tax battle

Updated: July 14, 2010, 5:09 PM ET
By Andrew Marchand | ESPNNewYork.com

LOS ANGELES -- The Steinbrenner family could be facing a billion-dollar battle over keeping its tax money.

Because of a loophole for 2010, the Steinbrenner family stands to save around $500 million in taxes after the death George Steinbrenner, owner of the New York Yankees. However, a group of senators are proposing legislation that, if passed, would mean the Steinbrenner family would be forced to pay back taxes.

"It would be retroactive and that is something the Supreme ...

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