Yahoo Sports is owned by Apollo (the United States, NYSE: APO), which acquired the brand on 1 September 2021.[1][2] Yahoo Sports was founded in 1997 in the United States and was independent until 2021.
Yahoo Sports covers results and news, but its fantasy sports leagues are what hold its audience, having run since the late 1990s and predating most of the industry. Fantasy football in particular brings back millions of users every season.
Funds managed by Apollo Global Management acquired ninety per cent of Verizon Media, comprising Yahoo and AOL and their properties, in a deal valued at about $5 billion. Verizon retained the remaining ten per cent.