Rupert Murdoch plans to buy huge stake in YES Network: Report

Monday November 19, 2012 4:51 PM By IVAN PEREIRA

Photo credit: The Yankee's cable channel may have new co-owners. (Getty) | Mark Teixeira #25 celebrates with Derek Jeter #2 and Russell Martin #55 of the Yankees. (Getty)

Yankees coverage might be foxier soon.

News Corporation, Rupert Murdoch's media conglomerate, which owns Fox Sports, is looking to purchase 49% of the YES Network, The New York Times reported.

The network is valued at a little more than $3 billion, the Times reported.

Aside from the Yankees, YES televises the Brooklyn Nets and offers original sports programming

The Yankees didn't return messages for comment.

Tags: NEWS , New York Yankees , News Corporation , Fox , Rupert Murdoch , YES Network , Brooklyn Nets , Ivan Pereira , ARTICLE , AMNY , HOLD