Yankees’ team president on Pettitte: “I think he knows we need him”

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Yankees president Randy Levine had this to say about Andy Pettitte yesterday:

“Every day I hope Andy comes back.  Andy’s a great Yankee and a great person and I know he’ll give it thought and follow his heart and we’ll respect his decision. But we’re out there, all of us, hoping every day that he comes back. “I think he knows we need him. I think he knows how much we respect him and what a great leader he is.”

I know it’s easy to read too much into a few words tossed off to reporters, but that’s a bit different than the “Andy will do what he does and we’ll do what we do” sort of thing we’ve been hearing from Brian Cashman.  I don’t think Pettitte would be a panacea at this point — the odds of him giving the team 30+ starts aren’t high even if he does come back — but I think Levine’s statement does suggest that the Yankees are well-aware that there aren’t any better options out there.

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.