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Apollo Sports Arm Signs $2.6B Debt and Equity Financing for Yankees

Apollo Global Management logoApollo Global Management
Sig3.35Sen+5.20Env0.00Soc0.00Gov+1.40

An Apollo sports investment arm agreed to a $2.6 billion financing package for the New York Yankees, combining debt and equity. The funds will support franchise growth and refinance existing borrowing. Apollo’s Tylis will join Yankee Global Enterprises’ board, expanding it by one seat. The Yankees are valued above $9 billion, reflecting their global brand and scale.

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