Getty Images

Each owner will get at least $50 million in early 2018 from the sale of BAMTech

13 Comments

Earlier this year Disney agreed to purchase the majority stake in BAMTech, the digital media company spun off from MLB Advanced Media. We know it as the source of the technology for MLB.tv and MLB.com, but it’s far more wide-ranging than that now. At present it powers streaming for MLB, HBO, NHL, WWE, and, eventually, will power Disney’s and ESPN’s upcoming streaming services.

The company was started by an investment from baseball’s 30 owners, so they’re getting a big payout as a result of the acquisition. Earlier this morning Jim Bowden dropped this regarding how much of that payout is in the offing in the short term:

That’s probably on the low end, actually. Some people I’ve spoken to who are familiar with the acquisition say the figure is more like $68 million in Q1 of 2018.

Good for the owners! It was a savvy, forward-thinking investment that, in the past, baseball owners might not have made. Bud Selig, Bob Bowman and others deserve credit for convincing the Jeff Lorias and Jerry Reinsdorfs of the world to think big and long term. It’s money out of the sky, raining down upon the owner of your baseball team for, basically, doing nothing.

Money which should be remembered when your buddy complains about a relief pitcher getting $6 million for only pitching 65 innings. Money which should be remembered when your team’s GM says that he has to cut back on payroll in the coming year.

 

Report: Orioles expected to replace Buck Showalter

Buck Showalter
Getty Images
1 Comment

Orioles manager Buck Showalter is not expected to retain his position with the club beyond the 2018 season, according to multiple reports from Jon Heyman of Fancred and Bob Nightengale of USA Today Sports. Nothing appears to be finalized just yet, however, and the Orioles have yet to address rumors of Showalter’s impending departure or news of a possible contract extension for general manager Dan Duquette.

Even so, it’s been a year of near-unprecedented disaster for the 62-year-old skipper, who helped lead the team to a 44-108 record prior to the outcome of Friday’s series opener against the Yankees. With the Orioles’ 108th loss — a 4-6 heartbreaker against the Blue Jays on Tuesday — they tied the 1937 St. Louis Browns for the second-most losses in a single season, eclipsed only by the 43-111 record of the 1939 Browns. As they have just 10 games remaining in the regular season, this year’s team has no chance of climbing out of last place in the AL East and may well finish with the worst record in the AL to boot.

While the Orioles’ missteps don’t bode well for Showalter’s future in Baltimore, he’s brought far more good than harm to the organization over the last eight and a half years. He assumed the managerial position from interim manager Juan Samuel in the middle of the team’s 2010 season and guided the club to five winning seasons and three postseason appearances in 2012, 2014, and 2016. Entering the 2018 season, his record sits at 666 wins and 677 losses, the winningest mark by any of the team’s skippers since Earl Weaver wrapped his 17-season run with the team in 1986. Whether the Orioles believe Showalter is capable of recovering from two consecutive losing seasons and returning the team to their former days of glory (and the occasional division title) remains to be seen, of course, though there’s plenty to recommend him as they prepare to advance a full-scale rebuild over the offseason.