Rangers re-sign non-tendered catcher Geovany Soto

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Geovany Soto was a free agent for right around 48 hours. He re-signed with the Rangers on Sunday night after failing to come to terms on a deal and getting non-tendered on Friday.

It’s a one-year pact with the dollars still unknown.

Soto, who turns 30 in January, hit .199/.284/.347 in 176 at-bats for the Cubs and .196/.253/.338 in 148 at-bats for the Rangers last season. He had his best season in 2006, hitting .285/.364/.504 with 23 homers. He also hit .280/.393/.497 in 2010 before seeing his OPS suffer big drops two years running.

The Rangers will surely be on the looking for another catcher to complement Soto. They haven’t ruled out re-signing Mike Napoli, and they could also consider such players as Chris Snyder, Jesus Flores and Kelly Shoppach.

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.