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The New York Yankees are going into the soccer business.
The Yankees are partnering with Manchester City to own Major League Soccer’s 20th team, which will be called New York City Football Club and plans to start play in the 2015 season.
Manchester City, owned by Sheik Mansour bin Zayed bin Sultan Al Nahyan, will be the majority owner of the team.
http://nbcsports.msnbc.com/id/51951704/
Any bets on who will have the biggest MLS payroll by 2016? I'll put money on it right now, Cristiano Ronaldo is playing for this club before his career is over.