No IPO for MLB's digital arm: League media boss

Bob Bowman, president of baseball and media for Major League Baseball, told CNBC that the league's digital media arm would not be offering shares to the public, contrary to an earlier report in the New York Post.

"There probably won't be an IPO," said Bowman. Instead, he discussed a framework to sell a piece of the league's technology arm to a private buyer. "We're going to carve out our technology business, and we're talking to about dozens of strategic investors."

Bowman also gave an updated timeline for when this would take place, saying they "hope to have something this month in terms of a book out." Further clarifying the timeline, he said "we are going to talk to a lot of people this…