Yankees, Apollo Sports Capital agree to $2.6B financing deal

An agreement between the Yankee Global Enterprises and Apollo Global Management will see the MLB team receive $2.6 billion from Apollo’s sports investment side. The deal will allow the New York Yankees to refinance existing debt while also enabling them to pursue growth opportunities. The Steinbrenner family will continue to have full control of the [...] The post Yankees, Apollo Sports Capital agree to $2.6B financing deal appeared first on CBNC .