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NY Post: Yankees selling 16% of team to private equity firm
Posted on 9/21/26 at 7:40 am
Posted on 9/21/26 at 7:40 am
It begins …
The Yankees are nearing a deal that would eventually hand a whopping 16% stake in the venerable franchise to private equity giant Apollo Global Management. The Steinbrenner family would relinquish a “de minimis” slice of its controlling equity, finalizing a transaction that will give the famed franchise a new, cash-rich partner, the Post has learned.
The partnership structure makes Apollo the Yankee’s biggest equity owner after the Steinbrenner family, which will still own a bit more than 60% of the team. Apollo’s $2.6 billion cash injection into Yankees involves both a debt and equity investment, and values the team at significantly more than $12 billion.
LINK
The Yankees are nearing a deal that would eventually hand a whopping 16% stake in the venerable franchise to private equity giant Apollo Global Management. The Steinbrenner family would relinquish a “de minimis” slice of its controlling equity, finalizing a transaction that will give the famed franchise a new, cash-rich partner, the Post has learned.
The partnership structure makes Apollo the Yankee’s biggest equity owner after the Steinbrenner family, which will still own a bit more than 60% of the team. Apollo’s $2.6 billion cash injection into Yankees involves both a debt and equity investment, and values the team at significantly more than $12 billion.
LINK
This post was edited on 9/21/26 at 7:44 am
Posted on 9/21/26 at 7:44 am to InkStainedWretch
Welp that’s the end of that franchise. Nothing kills as quick as private equity
Posted on 9/21/26 at 7:45 am to InkStainedWretch
Will this lead to more or less dongs?
Posted on 9/21/26 at 7:47 am to InkStainedWretch
Private equity is horrifying. Single handedly doing more to harm America than most people realize. Not good news to see them being more involved with sports
Posted on 9/21/26 at 7:57 am to InkStainedWretch
Yanks must be broke. PE will surely make them suck less arse
Posted on 9/21/26 at 7:59 am to ecb
quote:
Welp that’s the end of that franchise.
Couldn’t happen to a more deserving fanbase.
Posted on 9/21/26 at 8:01 am to InkStainedWretch
This seems quite the opposite of the Yankee way-throwing crazy money at free agents until one pans out. Private equity will do the opposite and squeeze every nickel out of contracts and fan experience until its a miserable experience.
Posted on 9/21/26 at 8:01 am to RonFNSwanson
quote:I hope it leads to the DONGER playing for the Angels
Will this lead to more or less dongs?
With Trout & Judge playing on the same team we could call them the fishdicks.
Posted on 9/21/26 at 8:05 am to InkStainedWretch
quote:
The deal underscores the importance of Apollo to the future of the Yankees — including providing capital to buy players, pay down expensive debt, and provide a cash cushion in case of a baseball strike. Baseball, like most professional sports, has been increasingly dominated by cash-rich Wall Street types either owning teams outright or through minority investments. Al Tylis, who runs Apollo’s sports-fund, will join the Yankee Global Enterprises’ 13-member board.
woah buddy! Buy players? That sounds like that super evil S word.
Lefties will twist themselves in pretzels with that language.
frick PE. The vultures are coming after baseball to kill it off too.
The future of America has never been brighter tho. lmao.
Posted on 9/21/26 at 8:09 am to InkStainedWretch
quote:
Apollo Global Management
Nice to see the Yanks getting into bed with a company who was run by one of the more glaring Epstein mentions.
Posted on 9/21/26 at 8:11 am to InkStainedWretch
A minority interest in a baseball franchise doesn’t sound like the best investment. But what do I know?
Posted on 9/21/26 at 8:14 am to SloaneRanger
Their president gets a seat on the board.
Posted on 9/21/26 at 8:26 am to InkStainedWretch
As someone who works in PE I always get a real kick outta the auto canned responses whenever PE gets mentioned here it is like the bogey man 
Posted on 9/21/26 at 8:33 am to Boomshockalocka
You’re right, it’s not a boogeyman. It’s an actual monster that hollows out everything it touches
You stupid slut
You stupid slut
This post was edited on 9/21/26 at 8:34 am
Posted on 9/21/26 at 8:37 am to Boomshockalocka
quote:
Boomshockalocka
Pleas provide the class with 5 examples of where PE did something good for the world.
PE is a prime example of enshittification. Everything you touch goes to shite.
We have at least 500 to illustrate the evils of your industry.
Don't worry, we will wait.
Posted on 9/21/26 at 9:25 am to InkStainedWretch
quote:
Their president gets a seat on the board
So? What’s the rate of return on this investment? Look, I’m sure they’re smart guys who have it figured out. But owning a minority interest in something like this is a head scratcher.
Posted on 9/21/26 at 9:27 am to InkStainedWretch
Will there even be a season next year?
Posted on 9/21/26 at 9:38 am to InkStainedWretch
Should just sell judge too. They not winning nothing with him.
Posted on 9/21/26 at 9:41 am to jclem11
He cant cause he doesn't work in that field, he's a wannabe sports talk guy. Unless taco bell is suddenly in the pe game.
Posted on 9/21/26 at 9:43 am to ecb
quote:
Welp that’s the end of that franchise. Nothing kills as quick as private equity
The Yankees getting turned into a feeder team b/c PE turds can get a slightly better return w/cheap rosters would amusing.
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