NBA Draft Lottery To Get Further Study NBA Creates David Stern Scholarship Polian, Wolf Recommended For HOF Twitter Me This Earnhardt Jr. Stars In UPMC Spot Buffalo Set To Host Its First OHL Game Maple Leafs-Senators Game Postponed Classified Advertisements Minding My Business: Seahawks' Jeff Dunn Texas To Spend Additional $6M On Student Stipends
Upcoming Conferences and Events
Source: News Corp. Will Pay Yankees $500M As Part Of YES Deal
Published November 20, 2012
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
The Yankees’ stake in YES Network is declining from 34% to 25% as part of the deal, while private equity companies Goldman Sachs and Providence Equity will keep about 10% each. Former owners of the Nets will own the remainder. The source said even if News Corp. takes control of the channel, the Yankees will retain control over the broadcast of their own games.