Royals “making progress” toward re-signing Bruce Chen

2 Comments

Bob Dutton of the Kansas City Start reports that the Royals are “making progress in reaching agreement on a new contract” with free agent left-hander Bruce Chen, with general manager Dayton Moore saying that the two sides are hoping to get a deal finalized before the winter meetings next month.

Chen looked just about finished in his late twenties, but got his career back on track in the Royals’ rotation by throwing 295 innings with a 3.96 ERA during the past two seasons.

Dutton writes that he’s seeking a two-year deal in the range of $5 million per season, which is a pretty big commitment to a 32-year-old with a spotty track record and high-80s fastball.

In the meantime the Royals offered Chen arbitration, which means if he does sign elsewhere they’ll get a compensatory draft pick for the Type B free agent.

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

Jakub Porzycki/NurPhoto via Getty Images
0 Comments

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.