White Sox pick up Craig Kimbrel’s $16 million option

Matt Marton-USA TODAY Sports
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CHICAGO — The Chicago White Sox have exercised their $16 million club option for reliever Craig Kimbrel and declined their option on infielder Cesar Hernandez.

The 33-year-old Kimbrel struggled after he was acquired in a July trade with the crosstown Cubs for infielder Nick Madrigal and reliever Codi Heuer.

Kimbrel had a sparkling 0.49 ERA and 23 saves in 39 games with the Cubs, making the NL All-Star team. But the White Sox used the right-hander in a setup role in front of All-Star closer Liam Hendriks, and Kimbrel had a 5.09 ERA in 24 games for the AL Central champions.

With Hendriks expected to return, the White Sox could look to move Kimbrel to a team in need of a closer. The eight-time All-Star has 372 saves and a 2.18 ERA over 12 years in the majors.

Hernandez’s option was worth $6 million. There was no buyout attached to his deal.

The 31-year-old Hernandez was acquired in a July trade with Cleveland. Hernandez, a 2020 Gold Glove winner at second base, batted .232 with three homers and 15 RBIs in 53 games with Chicago.

With Madrigal now on the North Side of Chicago, the White Sox could add a second baseman over the winter. They also could make a move for a shortstop or third baseman, and then move Tim Anderson or Yoan Moncada to second.

MLB sells share of BAMTech to Walt Disney Co. for $900M

Jakub Porzycki/NurPhoto via Getty Images
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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.