Rangers return Rule 5 Draft pick Coty Woods to Rockies, get Chris McGuinness back from Indians

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MLB.com’s T.R. Sullivan has the information:

The Rangers sent pitcher Coty Woods back to the Rockies. They are getting first baseman Chris McGuinness back from the Indians. Both were selected in the Rule 5 Draft and no trades were able to be completed for them to stay where they are.

Woods posted a decent 3.20 ERA and 47/19 K/BB ratio across 56 1/3 innings last season between Double-A Tulsa and Triple-A Colorado Springs. The 25-year-old right-hander will presumably report back to Triple-A Colorado Springs for the start of 2013.

McGuinness, 24, hit .268/.366/.474 with 23 home runs and 77 RBI in 123 games last season at Double-A Frisco. He has already officially been assigned the Rangers’ Triple-A affiliate in Round Rock, Texas.

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.