Dodgers decline $14 million option on Chad Billingsley’s contract

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The Dodgers have declined the $14 million option for the 2015 season on Chad Billingsley’s contract, Dylan Hernandez of the Los Angeles Times reports. The Dodgers instead will buy out that final year at $3 million, making Billingsley a free agent.

Billingsley, 30, missed all of the 2014 season and nearly all of the 2013 season after undergoing Tommy John surgery on his right elbow. The right-hander suffered a partial tear of his flexor tendon back in June which required yet more surgery and ended any chance of a late-season comeback.

Billingsley will draw some interest as a buy-low candidate, but he’ll have to settle for significantly less money than he made during his three-year, $35 million deal with the Dodgers. During the 2012 season, the last in which he was mostly healthy, he finished with a 3.55 ERA and a 128/45 K/BB ratio in 149 2/3 innings, so he still may be able to recapture his prior form.

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.