as at 09 Oct 2026
Insurance Asset News
Investment Strategy

Steinbrenner family keeps Yankees control in Apollo’s $2.6bn financing

By IAN Editorial Desk
11 August 2026·1 min read
Primary source: apollo.com

The Steinbrenner family will keep full control of the baseball franchise.

Yankee Global Enterprises on August 11 announced a $2.6bn financing agreement with affiliates of Apollo Sports Capital, in a mix of credit and equity that will support growth of the New York Yankees franchise and refinance existing debt.

The Steinbrenner family will maintain full control of the New York Yankees, with Hal Steinbrenner remaining managing general partner and MLB control…

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