SportsTime Ohio, which has televised Indians games the past seven years, was formally acquired by Fox Sports subsidiary Fox Media Group today.
The purchase price was not announced, but it is believed Fox paid about $230 million for STO, which is owned by Larry and Paul Dolan, who also own the Tribe. Fox Sports Ohio will continue to air Indians games for at least 10 years and will pay rights fees of $40 million, a fee that is expected to escalate during the life of the contract.
Until the creation of STO, Fox Sports Ohio televised Indians games.
With the Tribe onboard, the Fox family of 20 regional sports networks owns the rights to televise the games of 16 major-league baseball teams.
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According to multiple sources, the Indians and free-agent outfielder Nick Swisher agreed on a four-year, $56 million contract late Saturday night.
Consumation of the deal will not become official until Swisher passes a physicsl, which probably won't take place for a few days.To read more or comment...
Nine players changed hands as the Indians participated in a three-team deal that netted them an outfielder and three pitchers.
By sending free-agent to be outfielder Shin-Shoo Choo and utility player Jason Donald to the Cincinnati Reds and veteran reliever Tony Sipp and first baseman Lars Anderson to the Arizona Diamondbacks, the Tribe received center fielder Drew Stubbs from the Reds and pitchers Trevor Bauer, Matt Albers and Bryan Shaw from the Diamondbacks, who received young shorttop Didi Gregorius from the Reds.To read more or comment...
Several source reported tonight that the Indians have signed free agent Mark Reynolds to fill their hole at first base.
The one-year, $6 million contract includes incentives for plate appearances worth as much as $1.5 million. He made $7.5 million in 2012.To read more or comment...
The Indians lost two pitchers but gained a first baseman in this morning's Rule 5 draft, the final official event of the Winter Meetings in Nashville.
With first base a definite need, the Tribe took 24-year-old Chris McGuiness, who played last season at Frisco, the Double-A affiliate of the Rangers. In 123 games, McGuiness batted .268 with 25 doubles, 23 home runs, 77 RBI and 65 runs. In 456 at-bats, he struck out 107 times and drew 69 walks.
McGuiness began his professional career after being taken in the 13th round of the 2009 draft by the Red Sox.
With the second pick of Thursday’s lottery of players unprotected on the 40-man roster, the Cubs took Hector Rondon, 24, once a bright prospect in the Tribe farm system, who has had to overcome two serious injuries.
Rondon began his comeback on the mound last season by pitching twice in the Arizona Rookie League and twice at Akron, throwing a total of seven innings. The right-hander suffered a fractured elbow in 2011 and underwent elbow reconstruction surgery in 2010.
The Orioles took another Indians starter, T.J. McFarland, 23, who pitched at two levels in 2012. The left-hander posted an 8-2 record and 2.69 earned-run average in 10 starts for Akron and compiled an 8-6 record and 4.82 ERA at Columbus.
The Indians have named right-hander Cody Allen winner of the Bob Feller Award and outfielder Tim Fedroff the recipient of the Lou Boudreau Award as the organization’s minor-league pitcher and player of the year.
Allen. 24, pitched at three minor-league levels before being promoted to Cleveland on July 20, becoming only the second member of the 2011 draft class to make it to the majors. He began his big-league career by making 12 consecutive scoreless appearances and went on to post an 0-1 record and 3.72 earned-run average in 27 relief outings.
Fedroff, 25, began the season at Akron and was promoted on June 6 to Columbus, where he batted .325 with 52 runs, 14 doubles, nine home runs and 32 RBI in 69 games.