Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’
THE SO WHAT
When a major private-credit fund brands the New York Yankees as “AI-resilient leisure,” it’s codifying a new asset class thesis: experiences and IP perceived as automation-proof. Operators in media, sports, and live events should expect cheaper capital if they can credibly argue they’re on the AI-resilient side of the line.
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