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Cleveland launches formal bid for a WNBA team
  + stars: | 2024-11-20 | by ( Jessica Golden | ) www.cnbc.com   time to read: +3 min
Dan Gilbert Cleveland Cavaliers owner talks during a press conference introducing new head coach John Beilein at Cleveland Clinic Courts on May 21, 2019 in Independence, Ohio. Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that hosts Gilbert's sports and entertainment properties, told CNBC on Wednesday that it intends to submit a proposal for a WNBA expansion team. The Cavs also have an existing practice facility in Independence, Ohio, which they said could be ready-made for a WNBA team. The Cleveland Cavs are off to their best start in history, currently sitting in first place in the Eastern Conference with a 15-1 record.
Persons: Dan Gilbert Cleveland, John Beilein, Dan Gilbert, Cathy Engelbert, Nic Barlage, Barlage, Cleveland, David Gilbert, that's, Engelbert, We're, Allen, Gilbert Organizations: Dan Gilbert Cleveland Cavaliers, Cleveland Clinic Courts, Cleveland Cavaliers, WNBA, Rock Entertainment Group, CNBC, NBA's Cavaliers, NFL's Browns, MLB's, American Hockey, Cleveland Clinic, Center, Cleveland Sports Commission, Eastern Conference, Golden State, Fortune, Allen & Company, Company Locations: Independence , Ohio, Northeast Ohio, Cleveland, Ohio, Denver, Miami, Milwaukee, St, Louis, Philadelphia, Toronto, Portland , Oregon
The pay limit has been in place since the end of a labor dispute that caused the cancellation of the entire 2004-05 NHL season. Sports business experts said the strict salary cap has helped the league's financial health since the full season stoppage. The hard salary cap is a stark difference from Major League Baseball and the National Basketball Association, which have no salary cap and a soft salary cap, respectively. But the hard cap means NHL teams have to be especially diligent. The NHL is planning to start negotiations with the NHLPA in early 2025, NHL Commissioner Gary Bettman said at this year's NHL Board of Governors meeting.
Persons: NHLPA, Rick Burton, Burton, Irwin Kishner, Herrick Feinstein, It's, Jalen Brunson, Gary Bettman Organizations: Florida Panthers, Stanley, Edmonton Oilers, Amerant Bank, National Hockey League, NHL, Toronto Maple Leafs, Columbus Blue Jackets, Official, National Hockey League Players Association, CBA, Syracuse University, Major League Baseball, National Basketball Association, National Football League, firm's Sports Law, Los Angeles Dodgers, Athletic, New York Knicks, ESPN, Governors Locations: Sunrise , Florida, American
Soto, 26, is hands down this winter’s most highly sought-after free agent, valued as much for his elite baseball skills as for his birth date. And in an age of swing-for-the-fences baseball, Soto struck out just 16.7% of the time, while the league whiffed at a 22.2% clip this season. Free agency is “going to be exciting,” Soto told reporters moments after the Yankees lost Game 5 of the World Series, ending the baseball season. The AL champion Yankees had the second-highest MLB payroll, at $309.8 million for their 40-man roster, according to Baseball Prospectus. There's no telling when Soto or other any free agents will come to terms with their 2025 teams.
Persons: Juan Soto, Soto, Al Leiter, Leiter, Shohei, Scott Boras, Ohtani, ” Soto, “ It’s, Aaron Judge, they'll, Bryce Harper, Harper, “ I’m, , Cy Young, Blake Snell, “ We’re Organizations: Major League Baseball, Yankees, American League, Dodgers, New York Mets, San Diego Padres, Boston Red Sox, Toronto Blue Jays, San Francisco Giants, MLB, baseball's, MLB Network, Mets, Red Sox, Blue Jays, Los Angeles Dodgers, Dodgers DH, NL, Soto's, Philadelphia Phillies, Phillies, Big Apple, AL, Baseball, Cleveland Guardians, The Dodgers Locations: Los Angeles, Southern California, Soto's New York, South Philly, San Diego, New York
The Dodgers and Yankees will face off in the MLB 2024 World Series. AdvertisementWhen the Dodgers and Yankees take the field to battle it out for the 120th World Series championship, the players won't be the only ones with trophies on the line. The financier is worth $6 billion, according to Forbes. Now, the team is owned by George's kids, Hank Steinbrenner, Jessica Steinbrenner, Hal Steinbrenner, and Jennifer Steinbrenner Swindal. Related storiesThe bulk of the Steinbrenners' fortune is tied up in the Yankees, which is MLB's most valuable franchise, worth $7.93 billion, according to Sportico.
Persons: Mark Walter, Steinbrenner, , Walter, Magic Johnson, Stan Kasten, I'm, Johnson, George Steinbrenner, Hank Steinbrenner, Jessica Steinbrenner, Hal Steinbrenner, Jennifer Steinbrenner Swindal, Forbes, I've, Marc Lasry, Sportico, Banks, Goldman Sachs, Ivo Voynov Organizations: Dodgers, Yankees, Sports, Service, Guggenheim Partners, Forbes, Atlanta Braves, Los Angeles, MLB, Los Angeles Times, CBS, franchise's YES, Major League Soccer's New, Major League Soccer's New York City FC, Legends Hospitality, Italian soccer, AC Milan, Professional, Yankee, Milwaukee Bucks, Citi Private Bank Locations: Major League Soccer's New York, Italian
Diamond Sports — the owner of Bally Sports-branded regional sports networks — said Wednesday that it plans to drop all MLB teams from its channels except for the Atlanta Braves. A Diamond attorney made the comments before a U.S. bankruptcy judge on Wednesday as part of an update on the company's ongoing bankruptcy process and attempt at finalizing a reorganization plan. Some of those teams were already slated to see their contracts end this season, and some contracts are not being determined by the bankruptcy process, a Diamond spokesperson said. "To be clear, rejecting these teams is not our preferred path," Diamond attorney Andrew Goldman said on Wednesday. Goldman said Diamond had warned the league about this outcome in August, noting it was a possibility if the MLB rejected Diamond's latest proposal.
Persons: , Diamond, Andrew Goldman, MLB's, James Bromley, Goldman, Diamond's Organizations: Bally, Atlanta Braves, Minnesota Twins, Major League Baseball, Sports, Bally Sports, MLB, U.S, Cincinnati Reds, Cleveland Guardians, Detroit Tigers, Kansas City Royals, Los Angeles Angels, Miami Marlins, Milwaukee Brewers, Louis Cardinals, Tampa Bay Rays, Texas Rangers, Diamond, Wednesday Locations: Atlanta , Georgia
Local fans of the NBA's Denver Nuggets and the NHL's Colorado Avalanche will have some new ways to watch their teams' games this season. Beginning this season, there will be 20 Nuggets and 20 Avalanche games on Tegna's free local over-the-air broadcasts, 9NEWS and My20. The platform will give fans in the Denver media market access to all Avalanche and Nuggets games for $19.95 a month. Stars games will be available on streaming service Victory+ this season, and the local Ducks games will be available via Victory+ and a local over-the-air broadcast. These pay TV contracts help support the billions of dollars in fees that the networks pay professional sports leagues to air their games.
Persons: Nikola Jokic, Bones Hyland, Norman Powell, Stan Kroenke's, Tegna, It's, Steve Smith, Gray Organizations: Denver Nuggets, Los Angeles Clippers, Crypto.com Arena, NHL's Colorado Avalanche, Kroenke Sports, Entertainment, Denver's NBA, NHL, Avalanche, Nuggets, NBA, New Jersey Devils, Buffalo Sabres, Sports, DirecTV, Fubo, Communications, Comcast, Dish, Entertainment's KSE Media Ventures, CNBC, Bally Sports, Diamond Sports, Dallas Stars, Anaheim Ducks, Ducks, Dallas Mavericks, New Orleans Pelicans, Tegna, Pelicans, Mavericks, YES, New York Yankees, MSG Networks, New York Knicks, NHL's New York Rangers Locations: Los Angeles, Denver, Prague, North America, NBCUniversal
Point72's Steve Cohen is stepping back from trading his own book
  + stars: | 2024-09-17 | by ( Yun Li | ) www.cnbc.com   time to read: +1 min
Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium of MLB's New York Mets, in Queens, New York, on Feb. 10, 2021. Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72, which Cohen converted from S.A.C. Most recently, the firm is planning to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom. Bloomberg News first reported on Cohen's move away from trading earlier Tuesday.
Persons: Steven Cohen, Steve Cohen, Cohen, Steve, he's, Point72 Organizations: New York Mets, Citi Field, MLB's New York Mets, Capital Advisors, Bloomberg Locations: MLB's, Queens , New York, S.A.C
MLB is aiming for a more national strategy, commissioner says
  + stars: | 2024-09-10 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +3 min
As part of its changing mentality, the MLB has its sights set on becoming a more national sport, according to Manfred. "We need a more national strategy," Manfred told CNBC's Scott Wapner. Because of the amount of content, I think there will be some local component but I think the strategy needs to be more national and our reach needs to be more national." But Sabathia said the league needs to do a better job of creating and marketing star starting pitchers specifically. It's star pitchers, it's starting pitchers."
Persons: Aaron Judge, Rob Manfred, Manfred, Albert Pujols, Elly De La Cruz, CNBC's Scott Wapner, Sabathia, Aaron, Juan, Soto, It's Organizations: New York Yankees, Texas Rangers, Globe, Major League Baseball, MLB, CNBC, Sabathia, Cincinnati Reds, Diamond Sports, ESPN, Negro Leagues Locations: Arlington , Texas
I live in the great state of New York, where online sports gambling has been legal since 2022. Different state, different gambling rulesMy trash-chute gambling pilgrimage is specific to me, but it represents one of the many quirks of the legalized gambling industry. When you're in New York, you're not allowed to bet on in-state colleges. Leagues love gambling, until they don'tBut what makes this new era of sports gambling particularly confusing is the relationship between sportsbooks and the leagues they're setting lines for. Yet despite all the promotion (and sponsorship money) touting sports gambling, athletes betting on their own games is still very much banned.
Persons: , it's, York's, Pete Rose, LeBron James, Connor McDavid, Jayden Daniels, Malik Nabers Organizations: Service, Business, Syracuse University, Leagues, NFL, NBA, MLB, NHL, sportsbooks, Sports, ESPN, ESPN Bet Locations: New York, Connecticut, Illinois, sportsbooks
That gave birth to the Oakland Ballers, or the B's — the Pioneer League team that debuted earlier this year, co-founded by Freedman and Carmel. Courtesy: Oakland BallersThe Pioneer League, an MLB partner league whose teams aren't affiliated with the pro teams like those in minor league baseball, instantly appealed to Freedman's tech sensibilities because it's a testing ground for baseball evolution. Potential investors will be able to buy their shares on a first-come, first-serve basis "just like you're buying sneakers from the Oakland B's," said Stidd. Oakland Ballers stadium. Courtesy: Oakland Ballers
Persons: Paul Freedman, Oakland Ballers Paul Freedman, Freedman, Bryan Carmel, Charlie Finley, Kelsie Whitmore, Carmel, DealMaker, Jon Stidd, Stidd, It's, Lonnie Murray, Dave Stewart Organizations: Oakland, MLB's A's, Las Vegas, Oakland Coliseum's, CNBC, Golden State Warriors, Oracle, NFL's Raiders, MLB's Oakland, Pioneer League, Freedman, Oakland Ballers, MLB, League, Securities and Exchange, Green Bay Packers, Local, BART, AAA Insurance, Raimondi, Boilermakers, Little League, San Francisco Chronicle Locations: Oakland , California, Las, Palo Alto, Oakland, Chicago, Las Vegas, Sacramento, Carmel, Oakland —, West Oakland, workshopping
The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. Courtesy: DirecTVCoach Prime wants consumers to know they can watch DirecTV without a satellite dish. As pay TV distributors — both satellite and cable companies — have seen customers flee for streaming, DirecTV is trying to get the message out that a clunky satellite dish is no longer needed for its service. Satellite TV providers like DirecTV and EchoStar's Dish were once some of the biggest distributors of the TV bundle. Sticking with sportsThe "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service.
Persons: Deion Sanders, Steve Buscemi, Henry Winkler, Vince Torres, it's, Torres, Shedeur Sanders, , Winkler's Frank, Bobby, Buscemi, There's, Sanders, Tinker Bell, Cord, Pavlo Gonchar, Craig Moffett, what's, Moffett, DirecTV's Organizations: DirecTV, NFL, Colorado, Colorado Buffaloes, Nebraska Cornhuskers, Folsom, NBA, NHL, NCAA's Colorado Buffaloes, Lightrocket, Satellite, TPG, AT, Hulu, Sling, YouTube, Netflix, Comcast, Charter Communications Locations: Colorado, Boulder ,, New York City
Bally Sports regional channels are returning to Comcast cable TV customers. Diamond Sports — the owner of Bally Sports-branded regional sports networks — reached a deal with Comcast on Monday that will see its networks go live for cable customers on Aug. 1. Pay TV companies such as Comcast have been bleeding customers in recent years as customers opt for cheaper streaming options. Comcast said last week it lost 419,000 domestic cable customers during the second quarter and now has roughly 13.2 million subscribers in total. Once a lucrative business, regional sports networks have been particularly squeezed by customers leaving the cable bundle.
Persons: Diamond, David Preschlack, expeditiously, Preschlack Organizations: Bally, MLB's Houston Astros, Minnesota Twins, Target, Bally Sports, Comcast, Diamond Sports, , Major League Baseball, National Basketball Association and National Hockey League, MLB, Detroit Tigers, Charter Communications, DirecTV, NHL, NBA, Bankruptcy, Southern, Southern District of, Diamond, Pay, CNBC Locations: Minneapolis , Minnesota, Xfinity, U.S, Southern District, Southern District of Texas, NBCUniversal
Read previewOakland was once home to three major sports teams: the Golden State Warriors, Oakland Raiders, and Oakland Athletics. The Oakland Ballers raised $2 million from 53 individual investors. Before founding the Ballers, Freedman was a serial entrepreneur in the human capital and education sectors. "We're a minor league team in a major league market," Freedman said. Check out the 15-slide pitch deck the Ballers used to raise $2 million:
Persons: , Paul Freedman, Freedman, Bryan Carmel, " Freedman, Carmel, Michael Fitzgerald, Gagan Biyani, Biyani, Kara Nortman, Angel City, Alexis Ohanian, Serena Williams, Natalie Portman, Williams, Venus, Tiger Woods, Rory McIlroy Organizations: Service, Golden State Warriors, Oakland Raiders, Oakland Athletics, NBA's Warriors, NFL's Raiders, Las, MLB's Athletics, Business, Oakland, Pioneer League, MLB, Education, A's, Maven, Area, cofounding Angel City Football Club, Angel, TGL Locations: San Francisco, Las Vegas, Oakland, Ireland, Ballers, Los Angeles, Ohanian
Diamond Sports — which operates its networks under the Bally Sports brand — has been under bankruptcy protection since March of last year. The leagues are worried the owner of the largest portfolio of regional sports networks won't have a viable business plan sorted out ahead of the 2024-25 season. Meanwhile, numerous NBA and NHL teams have reached deals with local broadcast station groups to carry local games. Diamond Sports must put together a reorganization plan, outlining its future outside of bankruptcy protection, and receive court approval to move forward with it. The NBA has pushed for Diamond Sports to have "a very clear business plan no later than July," Indelicato said Tuesday.
Persons: Diamond, Vincent Indelicato, Indelicato, Sinclair Organizations: Bally, MLB's Houston Astros, Minnesota Twins, Target, National Basketball Association and National Hockey League, Diamond Sports, Sports, Bally Sports, NBA, NHL, Major League Baseball, Comcast Corp, Comcast, MLB, Regional, Distributors, CNBC Locations: Minneapolis , Minnesota, NBCUniversal
Negotiations between Comcast and Bally Sports' operator Diamond Sports Group, which has been under bankruptcy protection since last year, broke down following a dispute over terms. Pay-TV distributors have been losing customers at a fast clip in recent years as customers opt for cheaper streaming options. Comcast had more than 13.6 million pay-TV customers as of March 31, after losing 487,000 subscribers during the first quarter. Some regional sports networks have begun offering streaming options to customers at a price point that doesn't upend the pay-TV model. In addition to Comcast, Diamond has held negotiations in recent weeks with Charter Communications — which provides pay-TV services under the Spectrum brand — DirecTV and Cox Communications.
Persons: Diamond, Cox Organizations: Bally, Houston Astros, Minnesota Twins, Target, The Astros, Twins, Comcast, Bally Sports, Diamond Sports Group, MLB, Detroit Tigers, NBA, NHL, Diamond, Comcast ., Communications, DirecTV, Cox Communications, Charter, Google, Disney, San Diego Padres, Phoenix Suns, CNBC Locations: Minneapolis , Minnesota, NBCUniversal
Kline was drafted in 2000 by the St. Louis Rams (now the Los Angeles Rams). He was an offensive lineman until 2002, when he left the NFL after sustaining several concussions. The boutique Los Angeles firm focuses almost exclusively on sports dealmaking — though it also works on capital raises and makes its own investments. The firm's website says it has also advised on deals for franchises like the Golden State Warriors, the Miami Heat, the Los Angeles Dodgers, Bologna FC, and the San Francisco Giants. Kline works alongside Sean Clemens and Edwin Draughan, who focus on sports mergers and acquisitions.
Persons: Andrew Kline, Park Lane Andrew Kline, Lane Kline, Kline, Sean Clemens, Edwin Draughan Organizations: St, Louis Rams, Los Angeles Rams, NFL, Athletes ' Agency, Cincinnati Bengals, MLB's Cincinnati Reds, Sports Business, Golden State Warriors, Miami Heat, Los Angeles Dodgers, Bologna FC, San Francisco Giants, NCAA Locations: San Diego, Los Angeles, Angel
Carlyle Group cofounder David Rubenstein is fronting a group buying the Baltimore Orioles, reports say. Fellow private equity billionaire Michael Arougheti is also expected to be involved in the deal. AdvertisementFamed private equity investor David Rubenstein is reportedly planning to buy the Baltimore Orioles. Puck broke the news Tuesday that the Carlyle Group cofounder and Baltimore native is fronting a group expected to take a 40% stake in the Major League Baseball franchise. AdvertisementThe Orioles are owned by the Angelos family, who bought the MLB franchise in 1993.
Persons: David Rubenstein, Angelos, Puck, Michael Arougheti, , Cal Ripken, Jr, Rubenstein, he'll, Peter Angelos, John, Carlyle, Josh Harris Organizations: Carlyle, Baltimore Orioles, Major League Baseball, Service, Carlyle Group, Baltimore, Ares Management, Orioles, MLB, Financial, National Basketball Association, Apollo Global, National Football League's
What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.
Persons: They're, Michael Schwimer, , Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida
NASHVILLE, Tenn. (AP) — The Los Angeles Angels will not trade three-time AL MVP Mike Trout, general manager Perry Minasian confirmed at MLB's winter meetings on Tuesday. “Mike Trout will not be getting traded, 100%,” Minasian told MLB.com and other outlets. Trout is under contract through 2030, and he makes $35.45 million annually with a full no-trade clause. Ohtani met with the Dodgers in the past few days, their general manager, Dave Roberts, said Tuesday. The Angels will play next year under new manager Ron Washington, who said last month that Trout and Anthony Rendon are key leaders and players for the club.
Persons: Mike Trout, Perry Minasian, Minasian, Arte Moreno's, ” Minasian, Trout, , ” Trout, Shohei Ohtani, Ohtani, Dave Roberts, Ron Washington, Anthony Rendon, Rendon, ___ Organizations: Los Angeles Angels, Angels, Dodgers, Los Angeles Locations: Tenn, Anaheim, Los Angeles, Los
Ken Griffey Jr. and Ozzie Smith have agreed to manage or coach at the May 25 Hall of Fame East-West Classic. The Negro Leagues East-West All-Star Game began at Chicago's Comiskey Park in September 1933, two months after MLB's first All-Star Game at the same ballpark, and was played annually through 1962. Major League Baseball has recognized seven Negro Leagues from 1920-48 as having big league status, but incorporating those numbers has not yet been completed. “As a kid growing up, I thought Negro League baseball was backyard, barnstorming baseball. “That was the first time I really, really, really thought about it, and I was like, damn, I really want to be in the Hall of Fame.
Persons: , I'm, Ken Griffey Jr, Ozzie Smith, MLB's, Jerry, Scott Hairston, Sam, Ryan Howard, Prince Fielder, David Price, Justin Upton, Curtis Granderson, Dontrelle Willis, Adam Jones, Dexter Fowler, LaTroy Hawkins, Edwin Jackson, Buck O'Neil, Satchel Paige, Josh Gibson, Monte Irvin, Cool Papa Bell, hasn’t, Dave Stewart, ” Sabathia, LeBron James, , Jackie Robinson, Josh Rawitch, “ It’s, it’s, Carter, Sabathia Organizations: , Negro Leagues, of Fame's Doubleday, of Fame East, Black Baseball, Negro Leagues East, Chicago's, Cincinnati, Indianapolis Clowns, Negro American League, Major League Baseball, Negro League baseball, American, of Fame, Cooperstown Locations: Tenn, Cooperstown , New York
NEW YORK (AP) — Baltimore’s Félix Bautista was a unanimous winner of the Mariano Rivera American League Reliever of the Year Award and Milwaukee’s Devin Williams won the Trevor Hoffman National League honor on Wednesday. Bautista, a 28-year-old right-hander, was 8-2 with a 1.48 ERA and 33 saves in 39 chances for the AL East champion Orioles. Williams, a 29-year-old right-hander, was 8-3 with a 1.53 ERA and 36 saves in 40 opportunities for the NL Central champion Brewers. Cleveland’s Emmanuel Clase was second in the AL after winning last year and Toronto’s Jordan Romano was third. Political Cartoons View All 1273 ImagesPittsburgh’s David Bednar was second in the NL and San Diego’s Josh Hader third.
Persons: Baltimore’s Félix Bautista, Mariano Rivera, Devin Williams, Trevor Hoffman, Bautista, Tommy John, Williams, Josh Hader, Edwin Díaz, Liam Hendriks, Kenley Jansen, Craig Kimbrel, Rivera, Hoffman, of Famers Dennis Eckersley, Rollie Fingers, John Franco, Billy Wagner, Cleveland’s Emmanuel Clase, Toronto’s Jordan Romano, David Bednar, ___ Organizations: Mariano Rivera American League, League, Wednesday, AL East, Orioles, NL Central, Brewers, of Famers, AL, NL
NEW YORK (AP) — Reliever Liam Hendriks and outfielder Cody Bellinger were selected Major League Baseball's Comeback Players of the Year on Tuesday. He went 2-0 with one save and a 5.40 ERA in five appearances for the Chicago White Sox, the last on June 9. The White Sox declined a $15 million option and will pay a $15 million buyout in 10 equal installments from 2024-33. He went free again after declining a $25 million mutual option and taking a $5 million buyout. Bellinger also had a tying, three-run homer against Atlanta in Game 3 of the NL Championship Series.
Persons: Liam Hendriks, Cody Bellinger, Hendriks, Tommy John, Bellinger, ___ Organizations: League, MLB.com, Chicago White Sox, Minnesota, Kansas City, White Sox, Chicago, Chicago Cubs, Star, Los Angeles Dodgers, NL, San, Atlanta Locations: Kansas, Toronto, Oakland, San Francisco
Japanese pitching sensation Yamamoto posts for MLB free agency
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
Nov 20 (Reuters) - Yoshinobu Yamamoto is poised to become Major League Baseball's next big Japanese star after the 25-year-old pitching sensation posted as a free agent on Monday. Yamamoto was posted on Monday by the Orix Buffaloes of Nippon Professional Baseball (NPB) where he is a three-time winner of the Eiji Sawamura Award, which is equivalent to MLB's Cy Young Award. He won a gold medal at the Tokyo Games in 2021 and helped Japan to victory at the World Baseball Classic earlier this year. Per MLB rules, the window for teams to bid on Yamamoto opens on Tuesday and closes on Jan. 4. Reporting by Rory Carroll in San Francisco; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Yoshinobu Yamamoto, Yamamoto, Eiji Sawamura, MLB's Cy Young, Rory Carroll, Chizu Organizations: Major League Baseball's, Orix Buffaloes, Nippon Professional Baseball, Triple Crown, NPB's Pacific League, Tokyo Games, MLB, Thomson Locations: Japan, San Francisco
SCOTTSDALE, Ariz. (AP) — The race to add two-way baseball superstar Shohei Ohtani in a blockbuster free agency deal is off to a clandestine start. “Special player, that’s all I’ll say,” said Chris Young, general manager of the World Series champion Texas Rangers. “We may ask some questions, but I can’t tell you we’re diving all in,” Houston Astros general manager Dana Brown said. Privately, they're surely discussing the developing Ohtani sweepstakes, which could cost the winning team upward of $500 million. “You have to have Plan A, Plan B, Plan C, Plan D, so on and so forth.
Persons: Shohei Ohtani, , Chris Young, “ We’re, Brian Cashman, , Dana Brown, they're, “ There's, Perry Minasian, We've, Tommy John, Nathan Eovaldi, Jameson Taillon, Daniel Hudson, Jason Isringhausen, Walker Buehler —, TJ, , Ohtani, He’s, There’s, he’s, Brown, ” Ohtani, Cody Bellinger, Matt Chapman, Tim Anderson, Aaron Nola, Sonny Gray, Jordan Montgomery, Yoshinobu Yamamoto, Mike Trout, ” Minasian, We're, Ichiro Suzuki, Seattle GM Jerry Dipoto, ” Dipoto Organizations: Texas Rangers, New York Yankees, ” Houston Astros, Major League Baseball, Privately, Los Angeles Angels, ” Angels, He’s, MLB, Current Dodgers, Astros GM, Cubs, Former Angels, Seattle Mariners, Seattle GM, Mariners Locations: SCOTTSDALE, Ariz, Scottsdale, , Arizona
Woods to own and play for Florida team in virtual golf league
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +2 min
The team, named Jupiter Links Golf Club, will begin play in January when TGL launches its inaugural season at a custom-built arena in South Florida that will feature a massive simulator screen and an adjustable putting surface. "Having the opportunity to not only compete, but also own a team to represent Jupiter is an exciting next chapter for me. "I expect Jupiter Links GC to showcase the golf culture of my hometown as we compete against the best players in the world." Woods, a 15-time major champion and widely considered the greatest golfer of his generation, is the only player announced so far for the Jupiter Links team. Before each match teams will name three players each to compete in 15-hole contests featuring alternate-shot and singles play.
Persons: Woods, Jason Cairnduff, David Blitzer, Harris, Frank Pingue, Ken Ferris Organizations: TGL, Jupiter, Harris Blitzer Sports & Entertainment, Cleveland Guardians, Crystal Palace Football Club, Atlanta, Boston, Angeles Golf Club, Thomson Locations: Carnoustie, Britain, South Florida, TGL New York, San Francisco, Toronto
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