Who Owns the New York Yankees?

The New York Yankees are an American professional baseball team based in the New York City borough of the Bronx.

Checkout this video:

The Steinbrenner Family

The New York Yankees are an American professional baseball team based in the Bronx, New York City. They compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. They are one of two major league clubs based in New York City, the other being the National League’s (NL) New York Mets. The Yankees began play in the 1901 season as the Baltimore Orioles (no relation to the modern Baltimore Orioles). In 1903, Frank Farrell and Bill Devery purchased the franchise after it began facing financial difficulties, and moved it to New York City, renaming the club the New York Highlanders.

George Steinbrenner

George Michael Steinbrenner III (July 4, 1930 – July 13, 2010) was an American businessman who was the principal owner and managing partner of Major League Baseball’s New York Yankees. During Steinbrenner’s 37-year ownership from 1973 to his death in 2010, the longest in club history, the Yankees earned seven World Series titles and 11 pennants. His outspokenness and role in driving up player salaries helped make him one of the sport’s most controversial figures.

Steinbrenner was also involved in the Great Lakes shipping industry. Known as a hands-on baseball executive and tough negotiator, he had a penchant for making splashy headlines with his mouth. Though loved by Yankees fans, he was reviled by many baseball players and fans for his allegedly autocratic and meddlesome ways.

Hank Steinbrenner

Hank Steinbrenner is theson of George Steinbrenner, who bought the Yankees in 1973. Hank took over as managing general partner after his father’s death in 2010. He has a Bachelor of Arts from Wesleyan University and a Masters in Business Administration from Columbia University.

Hal Steinbrenner

Hal Steinbrenner is the eldest son of George Steinbrenner and the current principal owner of the New York Yankees. He took over control of the team in 2007 after his father passed away. Under Hal’s leadership, the Yankees have won one World Series championship (in 2009) and have made four appearances in the ALCS (in 2010, 2012, 2017, and 2018).The Steinbrenner family has been involved in ownership of the Yankees since 1973, when George Steinbrenner purchased the team from CBS. Prior to that, the team was owned by a number of different groups and individuals, including Jack Kent Cooke (the owner of the Washington Redskins), Del Webb (a real estate developer), and then-Arkansas Governor Winthrop Rockefeller.

The Yankees’ Business Partners

The New York Yankees are one of the most iconic teams in baseball, and they have a long and storied history. The team has been owned by a number of different people and organizations over the years, and their current owner is no different. The Yankees are owned by a partnership that includes a number of different business partners.

Goldman Sachs

Goldman Sachs is an American multinational finance company that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869 by Marcus Goldman and Samuel Sachs, and is headquartered in New York City. As of July 2018, Goldman Sachs was ranked #34 on the Fortune 500 list of the largest United States corporations by total revenue.

AIG

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage their risks, and provide for their retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

In September 2008, AIG was bailed out by the U.S. government for $85 billion as part of the Troubled Asset Relief Program (TARP). The bailout came after it was revealed that AIG had made risky bets on subprime mortgages through credit default swaps (CDS).

Legends Hospitality

Founded in 2008, Legends is a hospitality company that specializes in sports and entertainment venue management, planning, and consulting. The company is headquartered in Dallas, Texas, and has offices in New York, Los Angeles, Indianapolis, Kansas City, and London.

Legends was founded by CEO Dave Howard, president of the New Jersey Devils from 2000 to 2004; president of Madison Square Garden Sports from 2004 to 2008; and executive vice president of business operations for the National Hockey League from 2008 to 2011. Howard is also a founding partner of the Oak View Group, an advisory and investment firm focused on the sports and live entertainment industry.

In addition to the Yankees partnership, Legends also has agreements with Yankee Stadium’s neighbor arenas: Madison Square Garden in New York City, home of the Knicks and Rangers; Staples Center in Los Angeles, home of the Lakers, Clippers, and Kings; Oracle Arena in Oakland, home of the Warriors; Indianapolis Motor Speedway; NASCAR Hall of Fame; Guantanamo Bay Naval Base Morale Welfare & Recreation-Northwest Windward Recreation Center.

The Yankees’ Media Partners

The New York Yankees are one of the most popular and successful baseball teams in the world. The team has a rich history dating back to 1901, and they have won 27 World Series championships. The Yankees are currently owned by a partnership between CBS Corporation and 21st Century Fox. The team’s media partners are also a partnership between these two companies.

YES Network

The Yankees Entertainment and Sports Network (YES Network) is an American cable and satellite television station that is owned by the New York Yankees baseball team. The network broadcasts baseball games and other sports-related programming from the Yankees, as well as Yankees-related content.

WFAN

WFAN (660 AM, also known as Sports Radio 66 and 101.9 FM, also known as The Fan) is a radio station licensed to New York City and is owned and operated by Entercom. The station airs sports talk, with programming similar to other sports radio stations. The station’s morning show is hosted by Gregg Giannotti and Boomer Esiason.

MLB Network

MLB Network is an American television sports channel owned by Major League Baseball and operated as part of the MLB Advanced Media subsidiary of MLB. Launched on January 1, 2009, the network is primarily devoted to baseball, featuring live games and highlights as well as baseball-related programming and documentaries.

The Yankees’ Community Partners

The New York Yankees are an iconic baseball team with a long and storied history. The team has won 27 World Series titles and 40 American League pennants. The Yankees are also one of the most valuable franchises in all of professional sports. The team is worth an estimated $4 billion. The Yankees have a long-standing tradition of community partnership.

New York Yankees Foundation

The Yankees Foundation is the team’s primary charitable arm and was founded in 1991. The foundation’s mission is to “support, develop and finance education, recreational and occupational programs that motivate and enrich the lives of children and adults.”

In 2010, the foundation funded the construction of a new stadium for the Staten Island Yankees, the team’s minor league affiliate. The stadium, located in Richmond County Bank Ballpark, cost $50 million to build.

In 2017, the foundation donated $1 million to NYC Parks to renovate 10 baseball fields across the city.

New York City Parks Department

The New York Yankees are one of the most successful Major League Baseball teams in history. They have won 27 World Series championships, more than any other team in baseball. The Yankees play their home games at Yankee Stadium, which is located in the Bronx borough of New York City.

The Yankees are owned by a partnership group that includes several high-profile businessmen and entertainment figures. The principal owner is Hal Steinbrenner, who took over control of the team from his father George Steinbrenner in 2007. Other partners include Larry Larry Dolan, the owner of the Cleveland Indians; Robert Stern, a former investment banker; and Harvey Schiller, a former president of Turner Broadcasting.

The Yankees have a long-standing relationship with the New York City Parks Department. The team Stadium is built on parkland that is leased from the city. In return for this lease, the Yankees are required to make annual payments to the Parks Department. These payments are used to maintain and improve parks and recreation facilities across New York City

Bronx Community College

Bronx Community College (BCC) is a community college located in the University Heights neighborhood of The Bronx in New York City. Founded in 1957, it is part of the City University of New York (CUNY) system. It offer associate’s degrees in the arts, business, and science and technology, as well as providing continuing education courses for employment or career advancement.

Scroll to Top