Yankees receive $2.6B in private equity deal
- Posted on August 11, 2026
- By Yardbarker
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Yankees receive $2.6B in private equity deal
The New York Yankees are receiving $2.6 billion in a deal with the private equity fund Apollo Sports Capital, the team announced on Tuesday. The huge capital infusion for Yankee Global Enterprises will allow the team to refinance or retire much of its existing debt and then pursue new ventures, according to The Athletic.