Yankees, LeBron James to Invest in AC Milan Soccer Team

AC Milan's Olivier Giroud celebrates after scoring his side's second goal during a Serie A soccer match between AC Milan and Bologna at the San Siro stadium in Milan, Italy, Aug. 27, 2022. Luca Bruno/AP Photo

NEW YORK—Baseball’s elite are getting involved with one of Europe’s most celebrated soccer clubs.

The New York Yankees are becoming a minority investor in Italian champion AC Milan, the second soccer team the baseball power will partially own after MLS’s New York City.