CNNMoney.com/FORTUNE are reporting that the YES Network is up for sale, and the price being talked about is off the charts. How far off the charts? Try between $3 and $3.5 BILLION (With a B).
An announcement like this just adds to the surreal nature of the Yankees' season so far. Playing the underdog for the first time in a generation, a new stadium being built across the street, Joe's alleged firing, George's health rumors, Alex Rodriguez, you get the point.
The report raises the obvious question of whether the team itself would be sold once one of, if not the most valuable chip was already gone. Yankee fans just better pray that the Dolans (Who are already listed as potential buyers for YES) don't get involved. Everyone else should pray that they do.
Thursday, August 02, 2007
YES on the Block, Team Next?
Posted by Steve at 11:28 AM
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