the company to acquire the Devils for $175 million. Bonds were issued in March 2000 to pay for Steinbrenner's share of the Yankees. With the Yankees' television contract with Cablevision expiring in 2001 and the Nets' contract expiring after the 2001–2002 season, the teams negotiated together with potential cable partners for the next contract. They spoke to Cablevision about remaining on their networks. After an IMG proposed partnership channel, an MSG/Cablevision lawsuit and a termination payment by September 2001, YankeeNets had cleared the way to start its Yankees Entertainment and Sports Network with 40% outside ownership. Since the founding, the two ownership groups had clashed over team management, players' contract, purchasing the Devils and YES Network. Additionally, Steinbrenner would not subsidize the loss from the Devils. On December 8, 2003, the two sides agreed to split with the Nets owners selling the Nets and giving up their part of the Yankees. The Nets sale did not include the team's stake in the YES Network, which remained with the pre-merger owners. After a reverse stock swap in 2004, the Nets were sold to Brooklyn Basketball LLC, which was controlled by Bruce Ratner, and 38% of Puck Holdings was sold to an entity controlled by Lewis Katz and Ray Chambers. Yankee Global Enterprises In 2004, with the exodus of the Nets and Devils complete, the company changed its name to Yankee Global Enterprises LLC, keeping the Yankees and the YES Network as separate entities owned by the same company. Steinbrenner named Steve Swindal, his son-in-law, to be chairman of Yankee Global Enterprises and his successor as boss of the Yankees in June 2005. When Swindal and Jennifer Steinbrenner divorced in 2007, the Yankees bought Swindal out of his financial stake in the team, with Hal Steinbrenner succeeding Swindal as chairman of Yankee Global Enterprises. In April 2008, Legends Hospitality Management won the Yankee Stadium concessions away from Centerplate. With no known history, Legends was revealed on October 20, 2008 to be a new stadium hospitality company evenly owned by the Yankees and Dallas Cowboys and a third owned by some combination of Goldman Sachs and CIC Partners. In November 2012, News Corporation agreed to terms on acquiring a 49% stake in YES. As a consequence, each of the network's previous owners had their ownership stakes reduced with Yankee Global's new holdings to be 25% share. As a result of the sale to