Ex-MSG Prez Loses Bid For $23M Piece Of YES Network

Law360, New York (January 28, 2010, 6:18 PM EST) -- A federal judge has thrown out a breach of contract suit brought by a former Madison Square Garden president who claimed New York Yankees owner George Steinbrenner III cut him out of his share of the $3 billion Yankees Entertainment and Sports Network.

Judge Richard Sullivan of the U.S. District Court for the Southern District of New York ruled Tuesday that Bob Gutkowski had waited too long to bring his claims against Steinbrenner and that the oral agreement he purported to have with the Yankees owner...
To view the full article, register now.