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Yankess Want To Buy YES Network From Disney

Yankess Want To Buy YES Network From Disney

Business Insider Reports that the New York Yankees is looking to buy back its YES Network.
The Yanks are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team's regional sports network.
The baseball team owns 20 percent of Yes. The Walt Disney Company owns the other 80%.
The Yanks have been talking to other potential partners including cable and satellite TV provider Altice USA and RedBird Capital.
Disney is seeking a valuation of $5 billion to $6 billion for Yes Network.
The Wall Street Journal broke this story on Friday, citing people familiar with the matter.
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