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!

 

Royals fire manager Mike Matheny after 65-97 end to season

Minnesota Twis v Kansas City Royals
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KANSAS CITY, Mo. – Manager Mike Matheny and pitching coach Cal Eldred were fired by the Kansas Cty Royals on Wednesday night, shortly after the struggling franchise finished the season 65-97 with a listless 9-2 loss to the Cleveland Guardians.

The Royals had exercised their option on Matheny’s contract for 2023 during spring training, when the club hoped it was turning the corner from also-ran to contender again. But plagued by poor pitching, struggles from young position players and failed experiments with veterans, the Royals were largely out of playoff contention by the middle of summer.

The disappointing product led owner John Sherman last month to fire longtime front office executive Dayton Moore, the architect of back-to-back American League champions and the 2015 World Series title team. Moore was replaced by one of his longtime understudies, J.J. Picollo, who made the decision to fire Matheny hours after the season ended.

Matheny became the fifth big league manager to be fired this year.

Philadelphia’s Joe Girardi was replaced on June 3 by Rob Thomson, who engineered a miraculous turnaround to get the Phillies into the playoffs as a wild-card team. The Angels replaced Joe Maddon with Phil Nevin four days later, Toronto’s Charlie Montoyo was succeeded by John Schneider on July 13 and the Rangers’ Chris Woodward by Tony Beasley on Aug. 15.

In addition, Miami’s Don Mattingly said late last month that he will not return next season.