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Amazon-led group closing in on $3.5B deal for YES Network

Jeff Bezos is coming to New York after all.

An Amazon-led group of investors that includes the New York Yankees is ready to sign a deal to buy YES Network — one of NY’s most prominent cable sports channels — for roughly $3.5 billion, two people close to the plans told The Post.

The offer, which one person described as “imminent,” puts the online retailer in a position to control video streaming of Yankees games and Brooklyn Nets basketball games.

The bid will be for the 80 percent of YES that the Yankees don’t already own. The deal will also be backed by the Sinclair Broadcast Group, sources said.

Entertainment giant Disney is selling YES along with 21 other regional sports channels throughout the country as part of its $71 billion deal to buy Twenty-First Century Fox. Disney, which owns ESPN, needs to sell the Fox-owned RSNs to gain regulatory approval for the merger.

The YES network was valued at $3.9 billion in 2014 when Fox paid for an 80 percent stake — leaving the Yankees with the rest.

But the value of RSNs generally have been declining as cable subscribers jump ship — thanks to streaming video companies like Netflix and Amazon.

The Amazon-led group is expected to seek to offset the decline by charging fees for streamed games, a source said.

“If you are buying YES and understand the streaming transition … you may be buying it at a bargain,” one source said.

In the last few weeks, as the Amazon deal was solidifying, the Yankees told YES it would not renew its streaming license with the sports network, sources said.

The current license expires in roughly five years.

The Bronx Bombers have other ways to keep the price down tied to their right of first dibs on the 80 percent up for grabs.

If Disney rejects a fair market offer by The Yanks, the price would have to be hashed out in arbitration. And that could take up time Disney does not have since it needs to sell YES and the 21 other RSNs within 90 days of closing on the $71 billion Fox acquisition.

On Thursday, Disney CEO Bob Iger told shareholders the deal will close “soon.”

YES is also under contract to pay the Yankees broadcast fees until 2042. The fees currently equal around $90 million a year, a cost that will only continue to increase even if carriage rates fall — further highlighting the need for streaming revenue.

Bidders for the 21 remaining channels include a consortium led by rapper-turned-actor Ice Cube’s basketball league, Big3, as well as Major League Baseball and John Malone’s Liberty Media.

The Yankees declined comment. Amazon and Sinclair did not return calls.