In 1973, George Steinbrenner led a group that bought the New York Yankees from CBS for $10 million; the team is now valued at more than $12 billion after a 2026 deal with Apollo Global
The Yankees grew from a $10 million purchase into a multibillion-dollar franchise.
Athlon Sports
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Tag: Apollo Global Management, franchise valuation, George Steinbrenner, sports business, World Series championships
Source: Athlon Sports
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