Yankees Land $2.6 Billion Apollo Deal, Skipping Banks and League Borrowing

Yankee Global Enterprises closed a $2.6 billion debt-and-equity deal with Apollo Sports Capital on August 11, 2026 — Apollo's biggest with a U.S. sports team. The bilateral package bypasses syndicated bank loans and public bonds, meaning fewer disclosure rules and custom loan terms. That's roughly $400 million below the ~$3 billion the Wall Street Journal reported in July.