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Formerly | YankeeNets, LLC (1999–2004) |
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Company type | Private |
Industry | Sports Hospitality |
Founded | October 1999 |
Founder | George Steinbrenner |
Headquarters | , 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 |
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 the Brooklyn Nets).