Deal to bring live Yankee baseball games to Internet

* Live streaming of games online in NY home market

* Yankees games online starting July 8

CHICAGO, June 24 (Reuters) - Cablevision Systems Corp (CVC.N: Quote, Profile, Research), Major League Baseball and the New York Yankees cable network said on Wednesday they reached a multiyear deal for live streaming online Yankees games in the team's home market.

Under the agreement, Cablevision Internet customers who receive the Yankees' YES Network will be able to buy a package to see the games live on the Internet, the companies said.

Terms of the agreement were not disclosed.

It will cost fans a one-time fee of $49.95 for the remainder of the season or $19.95 for any 30-day period. A price for a full season for next year has not been set.

Baseball fans have been able to watch games live online at MLB.com since 2003, but could not view games of teams in their home markets. MLB said it has delivered more than 250 million live video streams since the online streaming was launched.

The product is due to launch for the July 8 Yankees game against the Minnesota Twins on YES, the companies said.

MLB said a second live-streaming product is expected to be announced next week. (Reporting by Ben Klayman)