Dodgers bid deadline pushed back

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If you had planned on spending a billion bucks but didn’t have time to get the paperwork together until after January 13, don’t worry: you have ten more days to put a bid in on the Dodgers:

The Dodgers have extended the deadline by which prospective buyers must submit their opening bids for the team. Bids now are due Jan. 23. The deadline was delayed 10 days to accommodate the “substantial interest of potential bidders,” Dodgers spokesman Robert Siegfried said.

If they were that interested you’d think they’d make a point to hit the deadline, but what do I know? Despite Siegfried’s denial, it seems quite plausible that the delay is to see what happens with the litigation going on right now over whether Frank McCourt can sell the Dodgers’ media rights off with the team or if the new owners have to wait until the Fox deal expires. There’s a hearing on that on January 12. I haven’t written much about that because it’s really boring, by the way. All I care about when it comes to the Dodgers and TV is whether Vin Scully is broadcasting the game.

As of now the deadline for McCourt to pick a winner is still April 1 and the deadline for the sale to be finalized is still April 30.  Hold tight until then, Dodgers fans.

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.