The New York Yankees are an American professional baseball team based in the New York City borough of the Bronx. The Yankees compete in Major League Baseball as a member club of the American League (AL) East Division. They are one of two MLB clubs based in New York City, along with the New York Mets of the National League. The team was founded in 1903 when Frank Farrell and Bill Devery purchased the franchise rights to the defunct Baltimore Orioles and used them to establish the New York Highlanders. The Highlanders were renamed the Yankees in 1913.
The team is owned by Yankee Global Enterprises, a limited liability company that is controlled by the family of the late George Steinbrenner. Steinbrenner purchased the team from CBS in 1973. As of 2025, Brian Cashman is the team's general manager, Aaron Boone is the team's field manager, and Aaron Judge is the team captain. The team's home games were played at the original Yankee Stadium in the Bronx from 1923 to 1973 and from 1976 to 2008. In 1974 and 1975, the Yankees shared Shea Stadium with the Mets, the New York Jets, and the New York Giants. In 2009, they moved into a new Yankee Stadium built next to the old one, which was demolished. The team is perennially among the leaders in MLB attendance.