New York Yankees and New Jersey Nets may pool TV rights
Two critical sports teams in Cablevision Systems Corp.'s New York regional operation plan to team up against the company, with the New York Yankees and New Jersey Nets agreeing to merge and, most importantly, pool their valuable TV rights.
The Major League Baseball and National Basketball Association teams plan to combine operations and bring in a cluster of new partners. At the very least, the combination gives the teams dramatically greater leverage in TV renegotiations with competitors MSG Network and Fox Sports New York, which are owned 60/40 by Cablevision's Rainbow Programming unit and and …

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