Rangers finalize 3-year, $14.4M contract with Elvis Andrus

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Columnist Evan Grant of the Dallas Morning News passes along the season-by-season financial breakdown of Elvis Andrus’ new three-year, $14.4 million contract extension with the Rangers:

2012: $2.375 million
2013: $4.8 million
2014: $6.475 million

The agreement, which also comes with a $750,000 signing bonus, covers Andrus through all three of his years of arbitration eligibility. He can test the free agent market in the winter of 2014 if not re-upped.

Andrus, 23, batted .279/.347/.361 with 60 RBI and 37 stolen bases in 150 games last season.

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.