New York Yankees owner Hal Steinbrenner revealed Friday his motivation behind changing the team's long-standing policy on facial hair and why it was time to change.

Decades before George Steinbrenner purchased the Yankees, the future Boss spent his high school years at Indiana boarding school from 1944-47. Later, after earning a B.A. at Williams College in 1952,

The New York Yankees announced Friday morning that they are altering their longstanding facial hair policy. Players and uniformed personnel will now be allowed to have "well-groomed beards," team chairman Hal Steinbrenner said in a statement.