Phillies president confident about retaining Cole Hamels

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The Phillies haven’t made much progress this winter toward a long-term extension for Cole Hamels. But team president David Montgomery told Matt Gelb of the Philadelphia Inquirer that there’s a sense of confidence something will eventually get done:

“I don’t think it’s difficult,” Montgomery said. “We’ve let Cole know we’re anxious to have him stay here. Cole enjoys it here. He’s not only been a quality pitcher, but he involves himself in the community. It’ll probably come down to what we think is an appropriate length and what they think. You try to minimize risk by not going longer than necessary. And a player is looking for as much security as he can get. It’s an equation that takes time to hopefully get worked out.”

Hamels agreed to a one-year, $15 million contract last month that covers his final season of arbitration eligibility. He is currently scheduled to become a free agent five days after the conclusion of the 2012 World Series and is thought to be seeking a shiny new deal worth more than $100 million.

The 28-year-old southpaw has a 3.39 ERA and 1,091 strikeouts in 1,161 career major league innings.

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.