News Corp to purchase a stake in YES Network

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As Calvin Coolidge once said, the business of the Yankees is business:

News Corp is expected to announce this week that it has taken a minority stake in the YES Network, a New York-based sports channel that broadcasts Yankee baseball and Nets basketball games. The deal could be announced as early as Friday, according to a person with knowledge of the transaction.

It does not seem as though there will be any content sharing or anything like that. It’s a minority stake. The Reuters report speculates that a News Corp-YES alliance will give YES greater leverage in negotiating fees cable companies must pay it to carry the channel because Fox channels could be brought into the negotiation.

I think they should further leverage the Fox relationship by putting Karl Rove on postgame duty:

Michael Kay: And that’s it from here in Yankee Stadium. Final score: Oroles 5, Yankees 3.

Rove:  WAIT! NO! THIS IS NOT FINAL!

 

Report: Padres interested in Maikel Franco

Philadelphia Phillies v Washington Nationals
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The Padres may have some interest in acquiring Phillies third baseman Maikel Franco, according to a recent report from Ken Rosenthal of The Athletic. It seems unlikely that the team would deal their starting third baseman with J.P. Crawford (fractured left hand) sidelined through July; to that end, however, they signed infielder Danny Espinosa as minor league depth on Friday and have reportedly been eying the Rangers’ Adrian Beltre, among other veteran options.

Franco, 25, entered Sunday batting .255/.297/.425 with nine home runs and a .721 OPS in 229 plate appearances this season. While he has yet to live up to the .280+ average, 1.9+ fWAR he posted during his rookie campaign, he’s been a solid 20+ home run producer over the last few years and shown some stability at the hot corner. He’s also under team control for the next three years and could provide some much-needed insurance behind the Padres’ current third base option, 27-year-old Christian Villanueva.

Rosenthal notes that the Phillies could strike a deal for one of San Diego’s relievers, though no one specific has been connected to the team yet — and the club probably wouldn’t be able to finesse a one-for-one deal given the quality of the Padres’ pitchers. The Phillies’ bullpen has looked downright abysmal over the last month, placing 11th-worst in the league with a collective 5.34 ERA and 0.3 fWAR. Their failure to procure a viable reliever beyond Seranthony Dominguez, Victor Arano and Edubray Ramos lends a certain urgency to any potential deal they make over the next few weeks, though the official trade deadline is still over a month away.