UPDATE: Phillies, Ryan Madson close to four-year, $44 million deal

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UPDATE: Tim Brown of Yahoo! Sports confirms that the two sides are discussing a four-year, $44 million deal with a $13 million vesting option for 2016. Oh, Ruben.

5:52 PM: We learned earlier today that the Phillies and Ryan Madson were closing in on a new contract and now we have some of the details.

Jim Duquette of MLB Network Radio on Sirius XM reports that the two sides are close to agreeing on a four-year deal with a potential vesting option for a fifth year.

Jon Heyman of SI.com hears that they are discussing a deal for about $11 million per season, so we could be looking at a four-year, $44 million contract.

Madson’s agent Scott Boras usually lets these situations play out a little longer, but he would be crazy to leave an offer like this on the table. If this goes down, you can be sure that some of the other high-profile free agent closers (Jonathan Papelbon, Heath Bell, Francisco Rodriguez) will be sending Ruben Amaro, Jr. a Christmas card.

MLB sells share of BAMTech to Walt Disney Co. for $900M

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NEW YORK – Major League Baseball has sold its remaining share of a streaming service technology company to the Walt Disney Co. for $900 million.

The sale was disclosed Tuesday in Walt Disney Co.’s annual filing report through the SEC. MLB received the $900 million in exchange for the 15% stake it still had in a company called BAMTech, which originally started as MLB Advanced Media in 2000.

The technology helped MLB become a leader in sports streaming in the 2000s.

Walt Disney Co. has been buying chunks of BAMTech for the past five years and now owns 100% of the company. The National Hockey League sold its 10% share of BAMTech to Walt Disney Co. for a reported $350 million in 2021.