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Yankee Global Enterprises, LLC, formerly YankeeNets, LLC, is an American limited liability company (LLC) which owns the New York Yankees baseball team, along with a plurality stake in YES Network and a 20% and 10% stake in New York City FC and AC Milan soccer clubs, respectively.
After the Nets were sold to Bruce Ratner, YankeeNets became a limited liability company (LLC) known as Yankee Global Enterprises. The LLC owns the Yankees and the YES Network. Hal Steinbrenner succeeded his father as control person of the Yankees in 2008.
NameTenure2010–2020 ^2010–present ^1973–20101964–1973Aug 22, 2023 · In addition to now owning the Yankees, YGE has stakes in YES, two successful soccer franchises, and a premier hospitality company that’s become a global sports institution. Let’s take a closer look at the New York Yankees’ business portfolio.
Aug 29, 2019 · Yankee Global Enterprises, the parent company of the New York Yankees, repurchased the remaining 80% stake of the YES Network for $3.47 billion. Amazon and Sinclair Broadcast Group are partners in the transaction, which aims to expand the distribution of sports content.
Aug 31, 2022 · Yankee Global Enterprises (YGE), owner of the New York baseball team, will take a minority equity stake in the former European champions Milan as part of the deal to acquire the club from U.S...
Aug 29, 2019 · Jason Gurwin. August 29, 2019. After closing their sale of Fox Regional Sports Networks on Friday, Disney has now completed their sale of YES Network to an investor group owned by Amazon, Sinclair Media Group, and New York Yankees. The three investors will form Yankee Global Enterprises with additional capital provided by RedBird Capital.
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Aug 31, 2022 · RedBird Capital Partners, a private investment firm, has acquired AC Milan for €1.2 billion and formed a strategic partnership with Yankee Global Enterprises, the owner of the New York Yankees. The deal adds AC Milan to RedBird's portfolio of global sports and entertainment investments.
