Stranded sailors pulled from frigid waters

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In a dramatic rescue Wednesday, two sailors clinging to a capsized boat in freezing Lake Michigan were saved by the Coast Guard, Fox News reports.

The two were seen being pounded by choppy waters as they desperately hung onto the side of their 14-foot sailboat.

Within minutes, a rescue boat arrived and divers pulled the two men, who were exhausted and suffering from hypothermia, to safety, CBS 2 reports.

According to WGN Radio, this was not 62-year-old Kovats' first brush with death as a sailor.

Last year, Kovats had been on the Peter Pan with two friends celebrating his birthday when a storm capsized the boat, plunging the three men — all sans life vests — into the 40-degree water.

Click here for the full report with video of the rescue.