Talks regarding changes to the Japanese player posting system have hit a snag

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We heard more details on proposed changes to the Japanese player posting system earlier this week, but it’s not a done deal yet. In fact, Rob Manfred, MLB’s chief operating officer, indicated today that an agreement is not close.

Barry M. Bloom of MLB.com has the details from Orlando, Florida:

“What I would tell you is that we made a proposal to the Japanese,” Manfred said at the end of the year’s final quarterly Owners Meetings. “When we made that proposal, we told them it was important that they give us a timely response. Unfortunately, they have not been able to do that.”

MLB waited several weeks for approval of its proposal by Japanese baseball officials, but sentiment among a growing number of Major League owners has turned to ending the posting system entirely.

“In today’s meeting there was discussion that will require us to go back to the Japanese and have some further conversation about the proposal we made to them,” Manfred said. “It sat out there for a long time. They couldn’t give us an answer and we’re going to have to go back to them and talk to them about where we are right now.”

According to David Waldstein of the New York Times, the snag isn’t from the Japanese side of things, but rather that small market MLB teams want the posting fee for players to count toward the luxury tax. This would be relevant to the Yankees and their goal to stay under $189 million in payroll next season, as they are expected to be one of the highest bidders on Japanese right-hander Masahiro Tanaka when he’s posted this winter. However, as Mark Feinsand of the New York Daily News points out, this would require reopening the collective bargaining agreement to change the rules. And that’s not going to happen.

It should be noted that both Waldstein and Feinsand expect that something will eventually be worked out and that Tanaka will be posted at some point this winter, but it will be interesting to see if the timing of the posting will have an impact on offseason plans. Putting all of your eggs in the Tanaka basket could be risky once significant free agent starting pitchers begin to come off the board.

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.