Rangers hire Julio Rangel as new pitching coach

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The Texas Rangers have hired Julio Rangel as their new pitching coach.

Rangel has spent 12 seasons a minor league pitching instructor for the Giants and Indians.

Rangel replaces departing pitching coach Doug Brocail. Under Brocail the Rangers ranked 13th in runs allowed per game in the American League.

 

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.