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YES, DirecTV Connect On Renewal Pact

Six days after their original contract was set to expire, YES, the regional sports network home of the New York Yankees and New Jersey Nets, inked a new multiyear deal with DirecTV.

The pact, financial terms of which were not disclosed, follows days of ongoing carriage negotiations between the parties, whose contract was scheduled to end at midnight on April 2. The RSN, though, granted the top DBS provider an extension of their agreement until April 7 and the companies reached renewal terms this evening.

There was never any disruption in service -- DirecTV subscribers were able to watch Bronx Bombers ballgames during the opening of the 2011 Major League Baseball season, including today's matinee win over the Minnesota Twins, as well as Nets' contests as the NBA regular season nears its end.

It was unclear at press time how much DirecTV will be paying YES in terms of a monthly subscriber license fee. DirecTV had said earlier that it should pay the same amount as the other three top YES distributors in the New York market, Cablevision, Time Warner Cable and Comcast.

SNL Kagan pegs the RSN's license fee at somewhere between $2.60-$2.82 per subscriber per month.

Neither party offered a comment about price by press time.