Yankees fail to sign Japanese infielder Hiroyuki Nakajima

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As expected, the Yankees have failed to reach an agreement with Hiroyuki Nakajima after bidding $2 million for exclusive negotiating rights to the Japanese infielder.

Technically their 30-day window to sign Nakajima doesn’t close until tomorrow, but there’s no time for him to fly to New York to undergo a physical exam anyway and general manager Brian Cashman issued a statement ruling out a deal.

In failing to sign Nakajima the Yankees will be refunded the $2 million posting fee. Nakajima is a career .302 hitter in Japan who batted .297 with 16 homers and 21 steals last season, but expectations for his transition to the majors were very modest and he projected as a utility man.

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.