SPORTS BUSINESS

YES Network Finalizes $3.5B Sale To New York Yankees, Sinclair And Amazon

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August 30, 2019

Photo: Ted S Warren/AP/Shutterstock

The sale of the YES Network, the regional sports network home of the New York Yankees and Brooklyn Nets, to a consortium including the Amazon, the Yankees and Sinclair Broadcast Group, was finalized. (READ MORE) by Dade Hayes

The deal, which is expected to be announced today, is part of a larger move by The Walt Disney Co. to divest of 22 regional sports networks the company would acquire through its $71.3 billion purchase of certain 21st Century Fox assets. Disney agreed to divest the RSNs as a condition for winning federal approval of the Fox deal. (READ MORE) by Mike Farrell

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