I just got off a conference call with Yankees president Randy Levine, MLS commissioner Don Garber and Mancester City FC CEO Ferran Soriano. Here are the five things you need to know about the Yankees' involvement as MLS owners.
1.) Will there be soccer games at Yankee Stadium?
In the interim, it is possible, Levine said. The MLS team is to begin play in 2015 and will not have a new stadium built by then. Levine mentioned Citi Field as another possible site.
That would be an interesting development, considering the Wilpons were part of negotiations to bring another MLS team to the New York area before the Yankees made their deal.
2.) What are the long-term goals for a stadium?
The goal is to have a new stadium. There have been talks about one in Flushing Meadows, which, of course, is the Mets' backyard. Levine said that is also still possible.
3.) Will the games be on YES?
It is possible. Levine said they have not discussed it, but I'd bet Alex Rodriguez's salary that the local games are on YES.
4.) What else do the Yankees bring to the deal?
Levine pointed out the team knows how to market and foresees some "cross-polinization" between Man City fans and Yankee fans. Levine said the Yankees' and Man City's philosophies are in in line.
"This is about the sport," Levine said. "It is about putting together a championship-quality soccer team for the fans of New York."
4.) Which members of the Yankees' brass likes soccer?
Levine said Hal and Hank Steinbrenner are big soccer fans, and so was their father, longtime Yankees owner George Steinbrenner.
5.) Who owns the most amount of the team?
Man City does, but the Yankees will be "an active member of the ownership group."
6.) How much does an MLS team cost?
Less than A-Rod has remaining on his contract. For $100 million, you too can own a soccer team in the States. There is no word how the money is being divided, but the Yankees are surely paying less than half since they are not the majority owners.