One more pitcher off the board: the Marlins sign Ricky Nolasco to a contract extension

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There have been a number of rumors in recent weeks that the Marlins were open to shopping Ricky Nolasco. Call off the trade-watch, however, because they just signed him to a three-year, $26.5 million extension.  My suspicion is that the trade rumors were floated mostly as a negotiation tactic anyway. I’ve heard that Nolasco really wanted to stay in Florida and really wanted to get a multi-year deal now, so any suggestion that he’d be sent off someplace probably helped drive his price down.

The deal buys out Nolasco’s final two years of arbitration eligibility and his first year of free agency. At an average cost of under nine million a year, it’s not a bad deal for a solid starter who strikes out a lot of guys. At least in this market.

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

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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.