According to Fortune.com, the YES Network is for sale. "The highest-rated regional sports network in the country and the cable home of the Yankees and the NBA New Jersey Nets, YES is jointly owned by the Yankees, investment bank Goldman Sachs & Co. (Charts, Fortune 500) , and former Nets owner Ray Chambers. Goldman and Chambers would like to cash out, YES and Yankees insiders say, and one source says to expect a deal by summer's end. Some possible bidders: Cablevision, Comcast (Charts), News Corp. (Charts, Fortune 500) and Verizon (Charts, Fortune 500)." (Source Fortune)
As long as the new owners don't adopt Fox's style of sports coverage, known for coming back to commercial breaks with runners already on base or a batter already at 3-2, I don't really care. I don't get why they would want to get rid of a source of revenue, especially one that will continue to bring in cash as long as the Yankees don't revert to the early 90's Yankees. Then again the profits on the sale could be A- Rods salary for his next 5 years here. So scratch everything I said before that last sentence, sell the network!!
Subscribe to:
Post Comments (Atom)
4 comments:
nice, next step will be getting some announcers that have a pulse. murcer was classic, but other than that how bout a "see ya" to singleton/o'neill/leiter and bring in reggie jackson!!
OK, I like how blogger tells everyone i deleted my own comment. There was a spelling error! But anyway, anonymous, O'Neill was the only good thing about yankees announcing
This is great info to know.
Post a Comment