Cubs exercise Pedro Strop’s club option

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The Cubs announced on Thursday that reliever Pedro Strop‘s 2019 club option worth $6.25 million has been exercised. Strop will be eligible for free agency after next season.

Strop, 33, has been one of the biggest contributors out of the Cubs’ bullpen over the last five and a half seasons. In 331 1/3 career innings with the Cubs, the right-hander owns a 2.63 ERA with 376 strikeouts and 127 walks. Last season was one of his best, as he finished with a 2.26 ERA, 13 saves, and a 57/21 K/BB ratio in 59 2/3 innings.

Brandon Morrow will reprise his role as the Cubs’ closer, but Strop will be first in line for saves in the event Morrow lands on the DL again.

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.