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Frank McCourt has first meeting with team monitor Tom Schieffer

Apr 30, 2011, 1:35 AM EDT

Frank McCourt

According to the Associated Press, Dodgers owner Frank McCourt met Friday for the first time with Tom Schieffer, who was recently appointed by commissioner Bud Selig to oversee the team’s daily operations.

One of Schieffer’s first acts as “monitor” was to approve the team’s latest payroll. McCourt personally borrowed $30 million from FOX to meet payroll in April, which did not require approval from MLB. However, it’s not known if they’ll be able to meet payroll in May.

Schieffer, who was given an office at Dodger Stadium, told the Los Angeles Times that he assured Dodgers general manager Ned Colletti that he will operate normally and will only need his approval for an increase in the budget. In turn, Colletti told Dylan Hernandez of the Los Angeles Times that the Dodgers’ budget allows for moves similar to the ones they made at the last few trade deadlines. Yes, that means Colletti might have the chance to make more horrible trades like the Octavio Dotel for James McDonald and Andrew Lambo deal.

McCourt obviously isn’t thrilled with having Schieffer around and is still making his case to get MLB’s approval on a new television deal from FOX.

“I’m allowed here to run this business,” Frank McCourt said. “The judge has made that, he made that clear, and this deal is a great deal for the Dodgers. It’s ready to be signed. It’s ready to go and any questions about the Dodgers’ financial stability are solved simply by these documents.”

Meanwhile, Rob Manfred, MLB’s executive vice president for labor relations, said that they want to conduct a full investigation into the club and its finances before rendering a decision. And considering how much money McCourt could potentially be leaving on the table in this deal, it’s unlikely this will end well for him.

  1. maschingon310 - Apr 30, 2011 at 4:22 AM

    Mc court is now accepting food stamps at Dodger stadium..

  2. clydeserra - Apr 30, 2011 at 4:30 AM

    Santana for blake?

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