Under the financial reorganization of the club, Steve O’Neill becomes the principal owner of the Cleveland Indians.

On February 3 1978 — Under the financial reorganization of the club, Steve O’Neill becomes the principal owner of the Cleveland Indians.

O’Neill, a lifelong resident of Cleveland is a trucking magnate was once a limited partner of the Tribe but sold his Indians interest in the team in 1973 to become part of George Steinbrenner’s syndicate that bought the Yankees.

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