Brad Lesley — who played a few years of Major League Baseball before appearing in a slew of ’90s sports movies — passed away this weekend. He was 54.Lesley’s ex-wife, Chiho Svimonoff, tells TMZ … Lesley had been suffering from kidney problems and had been living in a nursing home for the past seven months, where he was receiving dialysis.
Two words: “Go . Away.”
Each owner will get at least $50 million in early 2018 from the sale of BAMTech
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:
According to multiple sources all 30 MLB teams are expected to receive a payment of approximately $50 million dollars in the first quarter of 2018 for the previous sale of BAM. #MLB
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.