ROH OWNER MAKES ANOTHER BIG PURCHASE

Ring of Honor owner Sinclair Broadcast Group has partnered with The New York Yankees, Amazon and several private equity firms to close a $3.5 billion deal to purchase the YES Network, the New York Yankees-centric cable network. The deal was first reported by Deadline.com and is expected to be officially announced shortly. 21st Century FOX owned 80% of the cable network and needed to divest itself of ownership as part of its impending merger with Disney.

One would think that Sinclair would be able to position Ring of Honor television on the cable network, which would give the promotion a regular TV home in all of New York as well as several other surrounding States. Matt Turk also pointed out that the YES Network also has a national feed they switch to when the Yankees play, so ROH could potentially land on that feed as well.

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