Yankees Take $2.6 Billion From Apollo, Bypassing Banks and League Debt

Yankee Global Enterprises finalized a $2.6 billion debt-and-equity deal with Apollo Sports Capital on August 11, 2026 — Apollo's largest with an American sports team. The bilateral package sidesteps syndicated bank loans and public bond markets, offering the Yankees fewer disclosure requirements and tailored covenants. The finalized figure came in roughly $400 million below the ~$3 billion the Wall Street Journal reported in July.