Yankees Score $2.6 Billion From Apollo, No Banks Involved

The Yankees' parent company finalized a $2.6 billion deal with Apollo Sports Capital on August 11, 2026 — Apollo's largest with an American sports team. The arrangement skips traditional bank loans and public markets entirely, giving the team more privacy and flexible terms. The final number came in about $400 million below the ~$3 billion the Wall Street Journal reported in July.