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YES Network reportedly bought back by Yankees for $3.4 billion

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NYCFC’s regional network is back in the hands of its rightful owners

YES Network Exploring Sale For Right Offer Photo by Chris McGrath/Getty Images

According to Fox Business, the YES Network — the regional sports network responsible for broadcasting the New York Yankees, Brooklyn Nets, and New York City FC — has been bought back from Disney by the Yankees for $3.4 billion.

The sale comes on the heels of Disney purchasing 21st Century Fox, therefore requiring them to sell all 22 of latter’s regional sports networks as to avoid a breach of federal antitrust laws. The report goes on to say that minority shareholders will include Sinclair Broadcast Group, Blackstone Group, and the ever-growing Amazon with the aforementioned Yankees owning a majority of the network’s shares.

If Fox Business’ sources are to be believed, how this will impact NYCFC broadcasting — if it can indeed impact it — is currently unclear. But still, with media giants like Sinclair and Amazon involved, it could possibly mean that YES Network programming will be far more accessible in the future to anyone outside of its designated market.

Maybe this will mean that YES2 might come into use sometime? Just maybe?