Diamondbacks sign Merrill Kelly to two-year, $5.5 million deal

Arizona Diamondbacks
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Jeff Passan of Yahoo Sports reports that the Diamondbacks and pitcher Merrill Kelly have agreed to a two-year, $5.5 million contract. The deal also includes club options for 2021 ($4.25 million with $500,000 buyout) and 2022 ($5.25 million, no buyout).

Kelly, 30, was selected by the Rays in the eighth round of the 2010 draft. He pitched in the Rays’ minor league system through 2014, reaching Triple-A and generally posting good numbers, though he never received a call up to the majors. Kelly signed with the SK Wyverns of the Korean Baseball Organization for the 2015-18 seasons. Overseas, Kelly showed an improved ability to strike batters out and also displayed better command than he did in the minors, which helped pique the D-Backs’ interest.

Passan notes that Kelly is expected to be part of the Diamondbacks’ starting rotation, which presently includes Zack Greinke, Taijuan Walker, Zack Godley, and Robbie Ray.

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.