As most of you know by now, we announced earlier today that Baseball Prospectus has purchased Baseball Digest Daily and I have agreed to become the Chief Financial Officer for Prospectus Entertainment Ventures (PEV). So…what does this mean about the future of BDD?

It only means good things as far as I’m concerned. For the forseeable future, BDD will continue to run as its own separate entity. In addition, 1) We will have much greater exposure as a subsidiary of BP, 2) We will have the opportunity to leverage BP’s resources and provide additional technical capabilities while limiting cost, 3) And…several new doors will now be open to us…including additional relationships with people at BP, MLBAM, MLB, and across professional baseball.

I will continue to manage the day-to-day operations of Baseball Digest Daily, and you will continue to see the same quality group of writers as always. We’ll publish articles, post blog entries, update stats, broadcast a spectacular radio show with Eric, and remain immersed in baseball. Our relationship with Seamheads.com will go on, and we’ll begin recruiting even more writers for our core site very soon.

What does this mean for me? I’ve already stated that I will remain in charge of all BDD’s activities. I will not be leaving my position at M Booth. Instead, my wife Christie who is also an accountant, will handle the day-to-day activities and monetary transactions for PEV. I, in turn, will be responsible for overseeing all PEV’s financial activities, from preparing financial statements, establishing budgets, and complying with tax regulations to recommending initiatives, investigating growth opportunities, and making sure the organization remains on strong financial footing. In general, my objective is to help steer the company in the right direction.

That about sums it up. This is an exciting time for BDD and BP together, and I’m extremely happy to be a part of this new relationship.

Thank you for your continued support!

Joe