Apollo Global Management is providing $2.6 billion in financing to the owners of the New York Yankees, marking the private equity firm's largest investment in U.S. sports to date. The deal, announced Tuesday, will support the Major League Baseball team's growth and refinance existing debt, according to reports. The Steinbrenner family, which controls the Yankees, will retain full ownership and operational control of the team. The financing represents one of the biggest private capital commitments to a professional sports franchise in the country. Apollo's move underscores growing interest from investment firms in sports assets, which have shown strong long-term value. The Yankees are one of baseball's most storied and valuable franchises. The deal gives the team additional financial flexibility for future investments while allowing the family to maintain its decision-making authority. Financial terms beyond the $2.6 billion amount were not disclosed. The transaction is expected to close in the coming months, though no specific timeline was given in the reports.