NEW YORK - AUGUST 02: A YES logo banner is on display at the New York Yankees vs. the Chicago White Sox game at Yankee Stadium on August 2, 2007 in the Bronx borough of New York City. The Goldman Sachs Group, owner of the New York Yankees' YES Network has no decision to sell but would consider it if the right offer came along and is exploring the worth of the asset.
(Photo by Chris McGrath/Getty Images)

Sinclair owns a piece of YES Network.

On Wednesday afternoon Sinclair Broadcasting Group (SBG) released its fourth quarter earnings for 2020. And they weren’t great.

Sinclair owns and/or operates 21 regional sports network brands (RSNs), including a 20 percent equity stake in the Yankee Entertainment and Sports (YES) Network. SBG bought into YES in August of 2019.

We’ll see how the start of the NBA, NHL and (hopefully on time) MLB seasons help revenues in the first quarter of 2021. Obviously the full season inventory of games for the NHL and NBA seasons will never be realized for 2020-21 but baseball is planning on a full 162-game campaign.