MLB releases statement about deaths of Luis Valbuena, Jose Castillo

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As we reported overnight, major leaguer Luis Valbuena and former major leaguer Jose Castillo died in a car accident in Venezuela early this morning. A few moments ago, Commissioner Rob Manfred released a statement about their passing:

“This is a very sad day for our sport as we mourn the deaths of Luis Valbuena and José Castillo.  It is clear by all the stories today that they loved baseball and made an impact on their teammates and the Clubs they represented.  On behalf of Major League Baseball, I extend my deepest condolences to their families, friends and fans, particularly those in their native Venezuela.”

Once again, we at NBC Sports send our heartfelt condolences to the family and friends of Valbuena and Castillo, as well as the respective organizations for which they played and the teammates and competitors with whom and against whom they played.

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.