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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.

 

Skaggs Case: Federal Agents have interviewed at least six current or former Angels players

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The Los Angeles Times reports that federal agents have interviewed at least six current and former Angels players as part of their investigation into the death of Angels pitcher Tyler Skaggs.

Among the players questioned: Andrew Heaney, Noé Ramirez, Trevor Cahill, and Matt Harvey. An industry source tells NBC Sports that the interviews by federal agents are part of simultaneous investigations into Skaggs’ death by United States Attorneys in both Texas and California.

There has been no suggestion that the players are under criminal scrutiny or are suspected of using opioids. Rather, they are witnesses to the ongoing investigation and their statements have been sought to shed light on drug use by Skaggs and the procurement of illegal drugs by him and others in and around the club.

Skaggs asphyxiated while under the influence of fentanyl, oxycodone, and alcohol in his Texas hotel room on July 1. This past weekend, ESPN reported that Eric Kay, the Los Angeles Angels’ Director of Communications, knew that Skaggs was an Oxycontin addict, is an addict himself, and purchased opioids for Skaggs and used them with him on multiple occasions. Kay has told DEA agents that, apart from Skaggs, at least five other Angels players are opioid users and that other Angels officials knew of Skaggs’ use. The Angels have denied Kay’s allegations.

In some ways this all resembles what happened in Pittsburgh in the 1980s, when multiple players were interviewed and subsequently called as witnesses in prosecutions that came to be known as the Pittsburgh Drug Trials. There, no baseball players were charged with crimes in connection with what was found to be a cocaine epidemic inside Major League clubhouses, but their presence as witnesses caused the prosecutions to be national news for weeks and months on end.