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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.

 

Jose Reyes is hitless in 20 plate appearances to start the season

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Mets backup infielder Jose Reyes pinch-hit and popped up in the top of the eighth inning of Thursday night’s game in Atlanta against the Braves. That ran his streak up to 20 consecutive hitless plate appearances to start the 2018 season. He has reached base once, however, on a walk, so there’s that.

Reyes, 34, signed a one-year, $2 million contract with the Mets near the end of January. At the time, the Mets hadn’t yet signed Todd Frazier, so Reyes was in the mix to contribute as a utilityman but he has operated as a bat off the bench for the most part this season.

One wonders how much longer the Mets are going to let Reyes flounder. According to FanGraphs, he has already been worth a half-win less than a replacement-level player. Only eight other players have been as bad or worse this season.