The New York Yankees are transferring their resale business, Yankees Ticket Exchange, to StubHub, which will take over for Ticketmaster as the team's new fan-to-fan ticket exchange.

An official announcement will come on Monday.

The business is believed to be worth more than $100 million to the Yankees over the term of the contract, but official terms have not been made available.

The deal ends a battle between the two sides, which began in 2012 when the Yankees opted out of Major League Baseball's deal to renew StubHub's role as the league's official secondary ticket market maker.