Hal Steinbrenner says the New York Yankees are not for sale and he'd like the club to remain with the family for generations to come.

"I think all of us feel that way," Hal Steinbrenner, the youngest of George Steinbrenner's four children told ESPN in a wide-ranging interview this week in his office at the spring training facility that bears his father's name.

"This is a family business and we're all involved," he said, referring to siblings Hank, Jennifer and Jessica. "We all love being a part of this. We all know our dad wanted us to be a part of us, and we all know he's watching down on us and happy that we're all a part of it. Believe it or not, to us, that's a big deal. The idea is, let's keep it going."

A syndicate headed by George Steinbrenner purchased the Yankees in 1973 for $8.3 million, some $5 million less than the previous owner, CBS, had paid for it nine years earlier.

The Yankees are now worth $3.2 billion.