Major League Baseball Advanced Media — the baseball subsidiary behind MLB.com. MLB.tv and a lot of stuff about which you have no idea — is a gold mine. It, more than anything, has been responsible for the sharp increase in baseball revenues in recent years. And as an added bonus, the company just gets stuff right. I can watch a Mariners-A’s game on a Tuesday night in Ohio if I want to, and I can do so relatively cheaply. And it works. As does most of the stuff they do. Viva MLBAM.
But when you get a money-making enterprise that folks like, other folks will want to invest in it. And as Business Insider reported the other day, lots of private equity groups want to invest in MLBAM. But baseball is rejecting these overtures, preferring to forgo the instant liquidity in favor of keeping it the league and the owners’ very own private thing. BI has some possible explanations for this:
A source close to the talks tells us the company gets “call a day” from private equity firms, but that the company isn’t looking to sell a stake for a few reasons:
It’s already loaded with cash.
Owners are already getting a huge dividend.
Selling a billion dollar stake in MLBAM any time soon would make it very hard for owners to argue that they’re broke in upcoming labor negotiations with players.
Selling a stake could further complicate the ownership stake and perhaps even force a dreaded shotgun IPO.
Those are all very plausible reasons. I’ll add another one: The books of major league baseball owners are a thicket of self-dealing and chaos, and there’s no way in hell they want to open them up to anyone they don’t have to lest people see just how ugly they really are. If you doubt this, just recall the fun stuff we saw when Frank McCourt and Tom Hicks were forced to open their books in litigation. Or when Deadspin reported on a bunch of leaked financials from the Pirates, Marlins and other teams.
It’s less the case than it used to be, but in a lot of ways baseball teams are multi-million dollar businesses being run like a small town auto dealership. They make money to beat the band, but they’re not about to share that with the Wall Street crowd.
Cespedes has 6 RBIs during Mets’ record 12-run inning vs SF
NEW YORK — Yoenis Cespedes and the New York Mets broke loose for a team-record 12 runs in the third inning Friday night, rolling to their seventh straight victory with a 13-1 blowout of the San Francisco Giants.
Cespedes set a club mark with six RBIs in the inning, connecting for a two-run single off starter Jake Peavy (1-2) and a grand slam off reliever Mike Broadway that capped the outburst.
The early barrage made it an easy night for Steven Matz (3-1) in the opener of a three-game series between the last two NL champions. The left-hander tossed six shutout innings to win his third consecutive start.
Michael Conforto had an RBI double and a run-scoring single in the Mets third, which lasted 39 minutes, 47 seconds. He and Cespedes were two of the four players who scored twice. Asdrubal Cabrera greeted Broadway with a two-run double.
Marlins’ Conley pulled in 8th with no-hit bid, Brewers rally
MILWAUKEE — Marlins lefty Adam Conley threw no-hit ball for 7 2/3 innings before being pulled by manager Don Mattingly after 116 pitches, and Miami’s bullpen wound up holding off the Milwaukee Brewers 6-3 Friday night.
Jonathan Lucroy blooped a single with one out in the ninth off reliever Jose Urena to break up the combo no-hit bid. The ball landed in right field just beyond the reach of diving second baseman Derek Dietrich.
Dietrich was playing in place of speedy Gold Glove winner Dee Gordon, who was suspended by Major League Baseball on Thursday night after a positive drug test.
The 25-year-old Conley (1-1) struck out seven and walked four. Urena replaced him.
The Brewers scored three times on four hits in the ninth. They loaded the bases before A.J. Ramos struck out Jonathan Villarfor his seventh save.
Earlier this month, Ross Stripling of the Dodgers threw no-hit ball for 7 1/3 innings against San Francisco in his major league debut and was taken out after 100 pitches.
Warren G just gave the worst performance of “Take me out the ballgame” ever
It was just over 22 years ago that “Regulate” was released. Amazing track. One of the best. At least according to me and all of the other 40-something white dudes who liked to act cooler than we really were in the 90s, which is all of us.
A lot has happened since then. Nate Dogg died (RIP). Other major figures of west coast hip hop turned into moguls or family friendly movie stars. Everyone’s older. But part of me wonders if any of them are still on the cutting edge in some way or another, either as performers or artists or just as a matter of their own personal stance. Sometimes I wonder if any of them, like so many other artists who came before them, can have a career renaissance in their 40s and 50s.
Maybe. But not Warren G. Man, seriously not Warren G.
I’m on record as not being a big fan of the Diamondbacks’ many, many new uniforms. Not my cup of tea in either color or style, to be honest. I’ve even tweeted some negative things about them.
Thankfully, however, the Dbacks social media folks either didn’t see my tweets or didn’t take too much issue with them. They did with many other people’s, however, including some baseball writers I know. And then they read them and riffed on ’em.