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Goldman would consider YES stake sale at right price

Updated: August 3, 2007, 12:40 PM ET
ESPN.com news services

NEW YORK -- The cable network which carries the New York Yankees' games is for sale, according to a report by Fortune magazine.

The YES Network could be worth $3 billion or more, according to Fortune's calculations, which are based on the network's cash flow and what other regional networks have been worth.

Yankee Global Enterprises, the team's parent company, owns about 35 percent of the network, with the remainder controlled by Goldman Sachs Group and Providence Equity Partners, ...

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