FOX News Corporation recently purchased a 49% equity stake from YES Network. To further explain what that means, here’s the article from LoHud Yankees:
News Corporation has an agreement to acquire a 49 percent equity stake in the YES Network. After three years, News Corporation can acquire a stake that takes it to 80 percent. People, of course, are wondering if these FOX people will try to buy the Yankees from the Steinbrenners down the road.
YES also now has a rights agreement to carry Yankees games through 2042.
Here’s a statement from Hal Steinbrenner:
“This transaction underscores the great value we and our partners created in establishing the YES Network and sets the network on the path for even greater achievements in the future. We are excited to have News Corporation as a partner. Its stature and acumen in sports broadcasting on a global scale is unmatched. We look forward to the many opportunities for growth and development that this investment by News Corporation will bring to YES. The Steinbrenner family expects to have a continuing, long-term ownership stake in the YES Network and we will continue our yearly commitment of fielding a championship caliber team for decades to come.”
Good morning Yankees fans. Yankees bats need to wake up and start a winning streak. They don’t want to be in 4th place forever. Anyway, Phil Hughes gets the start for the series finale. First pitch is at 2:10pm. Now, onto the morning links!
– Joe Girardi has been DH’ing Alex Rodriguez a lot, but while A-Rod is rested, he isn’t hitting!
– If Andy Pettitte was to come to the big leagues today, he could easily fit into Phil Hughes’s rotation spot. Why I say that you ask? They both are pitching today in different parts of the country.
– YES Network could drop in ratings–all because Mariano Rivera isn’t there to close the games.
Good morning all. I’m escaping for a long weekend away after work so an early enjoy the weekend to you. Let’s get right to the links….
* Small ESPN article showing love to my favorite pitching prospect D.J. Mitchell. Anyone else on the Mitchell bandwagon with me? I saw him pitch in Scranton last year and was completely amazed by how quickly he works.
* Garcia took a comeback of his hand yesterday X-rays are negative so that’s good.
* Swisher is in his best shape and expects results reports mlb.com.
* Slow start Ibanez is not worried just yet.
* The Yes Network is turning 10 Years old? Not sure about you but my cable didn’t carry it when it first came out.
According to the New York Post, Kim Jones will leave YES after turning down multiple contracts from the Yankees network. Jones had worked with the New York Yankees since 2005. According to sources, the split was amicable.
A YES Network spokesman said they are looking at options on how to continue without Jones. They are not sure if they will hire a replacement or offer a bigger role to Jack Curry.
Yankees sign...Ben Francisco's brother...Fernando Martinez! True, but only joking. These to guys com
Agreed!
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Fish I have heard mixed things on whether the WBC will be paying Tex. Cash said in an interview that
Damn, this team badly needs some reindorcements. Youkilis will have back surgery which pretty much e
I think the Yanks did very well in the draft, picking Jageilo, Judge, and Clarkin in the first round
HELLO KENNETH, GOOD EVENING. Thanks for the kind words. A HEADS-UP: Jon Heyman of CBS Sports tweets
patrick, good to see you back here commenting more than once or twice then gone! Me thinks, you may
doug... Don Matanly was pigonholed as a good glove, avg. to + stick with no power. Yogi was said to
EDUARDO NUNEZ....the big buzz at all the sites over the winter. Now....Nary a word. Errors, low batt
fishjam, Sherman is a creditable source when it comes to baseball, but with a guy like Puig it is no
Brian and Patrick, I was sweating it out also, it would have been a devastating loss.
I am one tick-off fan, I can't believe Cashman said that drivel. Joel must have taken something the
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That's a great point, it's refreshing to hear some confidence out of a Yankee fan. Everyone around m
Temper, temper, Brian.... No sweat, the Yankees won! Which reminds me, Me thinks, we should forsake
I don't know if my tv screen would still be in tact. I was sweating it out. It had to be that way to
doug.....your post almost proved fatal, But they dodged the bullet. How bad would have been if they
Thus is why CC is an Ace pitcher, he an Kuroda pitch gems when they are most needed.
Reality check, Brian. Yes, both Joba and Hughes won't be back in '14 (unless the front office suffer
Brian D.
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