AP source: Yankees buy back YES control with Amazon help

AP source: Yankees buy back YES control with Amazon help

NEW YORK (AP) — The New York Yankees are buying back the YES Network, partnering with Amazon in a deal that will give the company the right to stream games in the team’s broadcast territory.

The deal for the team’s parent company to purchase 80 percent of the network from The Walt Disney Co. values YES at $3.47 billion, nearly $500 million less than when 21st Century Fox acquired a majority stake in 2014.

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