The New York Yankees have agreed to a deal with Disney to buy back the Yankees Entertainment and Sports Network for $3.4 billion, according to Fox Business on Friday.
While the Yankees previously owned 20 percent of YES with 21st Century Fox owning the remaining 80 percent, the organization decided to purchase YES fully from Disney after Disney purchased Fox's assets for $71.3 billion.
YES airs Yankees games and other Yankee-related programming, Brooklyn Nets and New York City FC games and The Michael Kay Show, which is a popular sports talk radio show based in New York.