Cardinals CEO: Pujols talks “not that far along”

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You’ve all heard the details by now.

Cardinals first baseman Albert Pujols will make $16 million this season via a club option.  It’s a bargain rate, but this is also his last year under contract with the club and he will become a free agent if he is not locked up by next winter.

The slugger has informed the St. Louis front office that he doesn’t want negotiations to extend into the 2011 regular season because he thinks it could become a distraction.

In other words, the clock is ticking.

Earlier this winter the Cardinals expressed a desire to keep their negotiations with Pujols and his representatives out of the media.  They’ve either done a good job of that thus far or there is nothing go on.

Jon Paul Morosi of FOXSports.com caught up with Cardinals CEO Bill DeWitt Jr. on Wednesday and got every packaged response in the book when he asked about the Pujols extension talks.

“We’ve got time between now and then to get things done,” DeWitt said. “I’m hopeful. But these are big deals, and we’ll make every effort to get it accomplished.

Spring training is a long period of time — six weeks. Whether it’s reporting date, or a week after, I don’t view it as, ‘If it’s not done by this day, then . . .’ I don’t see a specific day.

We’re not that far along.”

The Cardinals almost certainly know where they stand with Pujols and his representatives.  Unless the two sides have simply been exchanging pleasantries for the past couple of months, it seems likely that contract numbers have at least been thrown around.  Now it’s all about finding a middle ground, and they have about 10 weeks to accomplish that feat.

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.