Explainers

Who Owns The Yankees?

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The Bronx neighborhood of New York City is home to the New York Yankees, a professional baseball team from the United States. As a part of the American League (AL) East division, the Yankees participate in Major League Baseball (MLB).

They share a stadium with the New York Mets of the National League (NL), one of two major league teams with New York City as their home base.

The New York Highlanders were established in 1903 when Frank Farrell and Bill Devery bought the franchise rights from the defunct Baltimore Orioles (who are unrelated to the current team of the same name) when they halted operations.

In 1913, the Highlanders adopted their new moniker as the New York Yankees.

Who Owns The Yankees?

Harold Steinbrenner currently is the Yankees’ owner.

Harold Steinbrenner, an American businessman, was born on December 3, 1969. He is best known for being the chairman and managing general partner of Yankee Global Enterprises, which owns the Major League Baseball team New York Yankees as well as minor stakes in the Major League Soccer teams New York City Football Club and AC Milan.

The franchise was handed over to him and his siblings by their late father, George Steinbrenner, in 2010.

Source: Vimbuzz.com

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