Discussion

Could Yanks say YES to takeover?

Team's not for sale, but Murdoch's TV buy-in makes you wonder where this is going

Updated: November 19, 2012, 5:35 PM ET
By Wallace Matthews | ESPNNewYork.com

Rupert Murdoch is knocking on the door of Yankee Stadium. How long will it be before he owns the entire building, and everything in it?

According to a New York Times report, News Corporation, the multimedia behemoth run by Murdoch, is on the verge of acquiring 49 percent of the YES Network.

A senior New York Yankees official, who insisted upon anonymity, confirmed the impending deal, although the official insisted it was merely "the stockholders looking to monetize their investment."

"This ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

EDITORS' PICKS

MORE MLB HEADLINES