People usually associate Major League Baseball’s revenue stream with gate and merchandise sales, TV deals, and various other sponsorships. But one of the most lucrative ventures in the sport is BAMTech. Initially established in 2015 as a spin-off of MLB Advanced Media, BAMTech specializes in streaming media technology and facilitates over-the-top content for several major sports and movie channels.
In August 2017, MLB agreed to sell 42 percent of BAMTech to Disney for a reported $1.58 billion. The profits from the sale will be distributed in equal shares to all 30 MLB owners by the end of this month, which would result in the Cubs receiving a $52.