Yankees must say yes to YES
The complex deal, announced Tuesday, that likely will give Fox Sports 80 percent ownership in the YES Network three years hence understandably left most fans confused.
It also left them wondering whether or not to care. Answer: Mostly no, unless you are happy for the Yankees that they were able to generate big dough for themselves before the potential change in tax laws in 2013.
The sale is not expected to alter the goal of getting the payroll under the luxury tax threshold of $189 million by 2014, and it does not appear to portend a sale of the Yankees anytime soon.
It will not even lead to substantial changes in YES' coverage of the Yankees – at least not without the team’s consent.
One “sacrosanct’’ element of the deal is the Yankees retain approval rights for everything from the name and logo of the network to game announcers, according to a person familiar with the deal who requested anonymity.