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

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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.

 

Phillies fan injured after being shot by the Phillie Phanatic’s hot dog cannon

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In between one inning during every home game at Citizens Bank Park, the Phillie Phanatic will drive around the edge of the playing field shooting hot dogs into the stands from a pneumatic gun — a hot dog cannon, if you will — mounted on an ATV. Until Monday night, a fan had never been injured during this event.

Sarah Bloomquist of 6 ABC reports that, unfortunately, a Phillies fan was injured on Monday night when the Phillies opened a three-game home series with the Cardinals. Kathy McVay of Plymouth Meeting, PA was hit in the face. McVay said, “I have a small hematoma in my eye. And mostly, it’s going to get worse before it gets better. It’s going to go down the side of my face.” She also suffered cuts and bruises and had to be taken to the hospital to be tested for a concussion.

McVay doesn’t plan to take legal action against the Phillies and seems to be taking the injury with a good sense of humor. She said, “It gives people a good laugh, and if that makes somebody chuckle, then that’s fine.” McVay also advised fellow fans, “Just to be aware, because you never know. I understand a baseball, but not a hot dog.”

The Phillies reached out to apologize to McVay on Tuesday and offered her tickets to another game once she heals, assuming she would like to return to Citizens Bank Park.

One wonders if Monday’s incident might motivate the Phillies to do away with the hot dog cannon stunt. There’s really nothing gained by doing it, and there are plenty of other ways for the Phanatic to have fun with the fans around the ballpark.