News Corp acquires their stake in YES Network

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We heard about this last week, but now it’s official and now we know how big a stake:

News Corporation said Tuesday it was acquiring a 49 percent stake in the Yes Network, the New York Yankees’ regional cable sports channel. Yankee Global Enterprises, Goldman Sachs and other investors will reduce their ownership as part of the transaction.

News Corp gets an option to buy up to an 80 percent stake in the network.  If that were to happen the Steinbrenner family and the Yankees, obviously, would be a lot more like every other team which receives rights payments from a broadcaster rather than having one side of the house pay the other. Which makes this more interesting:

The Yankees also committed to stay on Yes Network through 2042, subject to approval of the deal from Major League Baseball.

Huh. You have to assume that there is some sort of mechanism to automatically keep those TV rights at the top of the market, because locking in to some sort of relationship for the next thirty years would, quite obviously, hurt the Yankees’ ability to get top value for broadcast rights from the presumably then third-party YES Network.

Hunter Pence appeared as guest on Bill Nye’s new show

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Bill Nye — yeah, “the science guy” — has a new show on Netflix called Bill Nye Saves the World. His show ties science to other areas such as politics, pop culture, and sports. Giants outfielder Hunter Pence was invited to appear as a guest.

Nye talked a bit about Pence and marveled at the dedication players must have to stay competitive in the sport. Nye called Pence “a cool guy” and “charming,” which is not surprising.

Shelby Miller left Sunday’s start with forearm tightness

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Diamondbacks pitcher Shelby Miller left Sunday’s start against the Dodgers after four-plus innings due to tightness in his right forearm, the team announced. He’ll be reevaluated tomorrow. Needless to say, though, a forearm injury is very concerning. In his four innings, Miller gave up three runs on four hits and five walks with three strikeouts, raising his ERA to 4.09.

Miller, 26, has had a nightmare of a time since joining the Diamondbacks in December 2015. Last year, he made 20 starts and posted a 6.15 ERA. He suffered a finger injury suffered from scraping his hand on the pitcher’s mound with his follow-through, and he was also demoted to Triple-A during the summer as well.