Roy Halladay left a lot of money on the table

Leave a comment

Yesterday I noted that Roy Halladay’s 9 year-old son is the one who allegedly pulled the trigger on the deal sending him to Philly and agreeing to the contract extension.  According to Baseball Prospectus’ Joe Sheehan, little Braden Halladay really made a bad deal:

The story here is that one of the best players in baseball took
somewhere between 35-50 percent of his market value to facilitate a
trade, leaving somewhere between $60 and $100 million in guaranteed
money on the table. This is a staggering upset, one for which there is
virtually no comparison in baseball history.

I’m glad I read this. I was about ready to hire Braden to negotiate my extension with NBC.

Each owner will get at least $50 million in early 2018 from the sale of BAMTech

Getty Images
2 Comments

Earlier this year Disney agreed to purchase the majority stake in BAMTech, the digital media company spun off from MLB Advanced Media. We know it as the source of the technology for MLB.tv and MLB.com, but it’s far more wide-ranging than that now. At present it powers streaming for MLB, HBO, NHL, WWE, and, eventually, will power Disney’s and ESPN’s upcoming streaming services.

The company was started by an investment from baseball’s 30 owners, so they’re getting a big payout as a result of the acquisition. Earlier this morning Jim Bowden dropped this regarding how much of that payout is in the offing in the short term:

That’s probably on the low end, actually. Some people I’ve spoken to who are familiar with the acquisition say the figure is more like $68 million in Q1 of 2018.

Good for the owners! It was a savvy, forward-thinking investment that, in the past, baseball owners might not have made. Bud Selig, Bob Bowman and others deserve credit for convincing the Jeff Lorias and Jerry Reinsdorfs of the world to think big and long term. It’s money out of the sky, raining down upon the owner of your baseball team for, basically, doing nothing.

Money which should be remembered when your buddy complains about a relief pitcher getting $6 million for only pitching 65 innings. Money which should be remembered when your team’s GM says that he has to cut back on payroll in the coming year.