In a stunning development that has rocked the baseball world, the current owners of the New York Yankees have reportedly sold approximately 10% of the franchise to a dynamic duo: former Yankees ace and World Series champion CC Sabathia, and billionaire investor Marc Lasry.
The deal, confirmed by multiple sources with knowledge of the transaction, marks a strategic shift for one of the most iconic sports franchises in the world. While the Steinbrenner family retains majority control, insiders are calling this partial sale both “symbolic” and “visionary.”
CC Sabathia, known not only for his dominance on the mound but for his leadership in the clubhouse and deep connection with fans, is expected to take on a prominent advisory and ambassadorial role within the organization.
“This isn’t just a business move for CC,” said a source close to the former pitcher. “This is personal. He bleeds pinstripes, and now he’s investing in the legacy he helped build.”
Joining him is Marc Lasry, co-founder of Avenue Capital Group and former co-owner of the NBA’s Milwaukee Bucks. Lasry brings a wealth of experience in sports management and business growth — and is reportedly eager to help modernize the Yankees’ global brand and expand their commercial reach.
The Yankees have not released an official statement yet, but early reactions suggest this is the beginning of a new, bold era in the Bronx, blending the franchise’s storied past with forward-looking leadership.
Fans have erupted across social media, celebrating Sabathia’s return in ownership form.
“From the mound to the boardroom — CC’s back where he belongs,” one fan wrote.
Another said, “This is exactly the kind of passion and vision the Yankees need right now.”
The move comes amid growing calls for innovation both on and off the field, as the Yankees look to reclaim their place at the top of the MLB. With Sabathia’s legacy and Lasry’s financial firepower, the team may now be better positioned to do just that.
Stay tuned for official announcements and press conference details as this story continues to develop.
