Fox, the Yankees agreed to keep their games on the network through 2041, which would be the network's 40th year of existence. In March 2014, Fox Sports acquired 32% of the YES Network leaving Yankee Global with only a 20% stake. In the agreement, Yankee Global has the right to purchase YES Network if Fox puts it up for sale. With Disney acquiring most of 21st Century Fox, Yankee Global began considering purchasing back the share of YES Network it did not own. On June 27, 2018, the United States Department of Justice gave antitrust approval to Disney under the condition of selling Fox's 22 regional sports channels, to which the company has agreed. Yankee Global Enterprises confirmed it would repurchase a majority stake in YES Network on March 8, 2019. On August 30, 2022, it was announced that Yankee Global Enterprises acquired a 10% stake in Italian soccer club AC Milan along with RedBird Capital Partners. See also Steinbrenner family References YES Network Sports in New York City New York Yankees Brooklyn Nets New York City FC A.C. Milan American companies established in 1999 Entertainment companies established in 1999 Joint ventures Sports management companies Companies based in New York City 1999 establishments in New York City Mass media companies of the United States