Jul 9, 2010, 11:27 AM EST
The Dodgers Dream Foundation is “a nonprofit charity whose mission is to serve the educational and
athletic needs of children and is supported by donations from the
public.” It has an annual budget of about $1.6 million. The New York Times reports that a full one-quarter of that budget — $400,000 — went to its chairman, Howard Sunkin. Sunkin also happens to be the team’s senior vice president for public affairs, which is basically a lobbying/p.r. position.
This is a tremendously outsized salary for a charity of this size to paying out to its top executive. It is also just the latest bit of evidence that the McCourts either (a) have no financial sense; or (b) have some reason to want to funnel Sunkin’s lobbying salary through the charity. And who knows? Maybe they funnel money back from the Dodgers to the charity to make up for it? Not much the McCourts do with money makes sense, so it’s hard to determine whether this is mismanagement, brilliance, chicanery or some benign work-around.
The only thing we know for sure is that the more we learn about how owners spend their money — the Dodgers owners and every other owner, really — the less we really want to learn.
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