Phillies decline 2012 options on Roy Oswalt and Brad Lidge

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As expected, the Phillies have declined their 2012 team options on both Roy Oswalt and Brad Lidge.

Instead of exercising his $16 million option the Phillies will give Oswalt a $2 million buyout and Lidge will get a $1.5 million buyout instead of a $12.5 million option.

In announcing the moves general manager Ruben Amaro Jr. said that the Phillies will talk to both pitchers about returning at lesser salaries.

Lidge was limited to just 19 innings because of injuries and his raw stuff has declined significantly, but he still posted a 1.93 ERA and 23 strikeouts (along with 13 walks). Oswalt also missed time with back problems, but was plenty effective when healthy with a 3.69 ERA and 93/33 K/BB ratio in 139 innings.

Lidge may have to settle for a one-year deal and an opportunity to perhaps fight for a closer job, but if Oswalt is committed to playing beyond 2012 he should be able to command a multi-year contract.

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.