MLB.com To IPO In October?

MLB Advanced Media, the interactive arm of MLB, has been itching to go independent for a few years, and renewed IPO talk has been floating around for a few months. The company has also launched a digital sports ASP recently…

In this story on MLB.com’s success (“In 4-1/2 years, MLB Advanced Media has become a cutting-edge company in a former factory located in New York’s hip meat-packing district), some more details: the company may go public at World Series time in October. Executives with the company have been meeting since the spring with bankers from investment firms to discuss an IPO.

The spoils would be split equally among baseball’s 30 teams, who each chipped in $4 million spread over four years, for a total investment of $120 million. The return from a stock sale could help level the playing field between big market teams, such as the New York Yankees, and poorer teams in places like Kansas City and Minnesota.

Related:

– MLB.com May IPO; Sell Minority Stake

– Is MLB.com Worth $1Bn or $2 Bn?

– MLB.com Launches Digital Sports ASP Company