# Hal Steinbrenner clarifies Apollo deal won't sell Yankees

> Yankees owner Hal Steinbrenner says Apollo's 16% stake brings financial stability, not a sale.
- Title: Hal Steinbrenner clarifies Apollo deal won't sell Yankees
- Summary: Yankees owner Hal Steinbrenner says Apollo's 16% stake brings financial stability, not a sale. Yankees owner Hal Steinbrenner states Apollo's $2.6 billion…
- Keywords: hal steinbrenner, yankees, apollo global management, yankees ownership, financial stability, private equity, news, entertainment, Hal, Steinbrenner, clarifies, Apollo
- Source: New York Post — https://nypost.com/2026/10/21/sports/hal-steinbrenner-reveals-what-apollo-deal-means-for-future-of-yankees
- Published: 2026-10-22T01:16:26+00:00
- Read time: 1 min
- Topics: hal steinbrenner, yankees, apollo global management, yankees ownership, financial stability, private equity, news, entertainment
## Apollo stake in Yankees
Private equity firm Apollo Global Management now holds a 16 percent stake in the Yankees.
## Steinbrenner's clarification
Yankees owner Hal Steinbrenner says the deal provides long-term financial stability without selling the team.
## Financial stability goal
The $2.6 billion financing deal aims for financial stability for Hal Steinbrenner and his sisters into the third generation.
## Limited partnership rights
Apollo partners have rights no different than other limited partners with no day-to-day control.
## Key takeaway

Yankees owner Hal Steinbrenner states Apollo's $2.6 billion deal provides long-term financial stability without selling the team.