American company which owns the New York Yankees baseball team
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Yankee Global Enterprises, LLC
Formerly
YankeeNets, LLC (1999–2004)
Company type
Private
Industry
Sports Hospitality
Founded
October 1999; 24 years ago (1999-10)
Founder
George Steinbrenner
Headquarters
New York City
,
United States
Area served
New York City
Key people
Hal Steinbrenner Lester Crown Donald B. Marron Sr. Jerry Speyer
Products
Professional sports teams Sports venues Cable channels
Brands
Yankee
Owner
Steinbrenner family
Divisions
New York Yankees Partnership
Subsidiaries
Yankees Entertainment & Sports Network, LLC (26%)
Legends Hospitality (33%)
New York City Football Club, LLC (20%) [1]
Associazione Calcio Milan S.p.A. (10%)
George M. Steinbrenner Field
Yankee Stadium (operator)
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. It was formed in 1999 and is controlled by the family of George Steinbrenner. Other investors, including Lester Crown, Jerry Speyer, and Marvin Goldklang[2] own minority stakes.
The company was originally created as YankeeNets, through a merger between the Yankees and the New Jersey Nets (now known as Brooklyn Nets).
^Ozanian, Mike (December 15, 2017). "New York Yankees Hold Substantial Rights In $66 Billion Disney-Fox Deal". Forbes. Retrieved July 3, 2018.
^Sapakoff, Gene (2023-09-19). "Marv Goldklang, the true star of this Charleston RiverDogs' boom". Post and Courier. Retrieved 2023-12-19.
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