Yankee Global Enterprises Secures $2.6 Billion Strategic Investment from Apollo Sports Capital

Yankee Global Enterprises (YGE), the holding company for the New York Yankees, announced a $2.6 billion financing agreement with affiliates of Apollo Sports Capital. The deal, a mix of credit and equity, will support the continued growth of the Yankees franchise and refinance existing debt. Apollo Sports Capital CEO Al Tylis will join YGE's Board.