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Report: Frank McCourt will meet the June 15th payroll

Jun 8, 2011, 5:20 PM EDT

File photo of Los Angeles Dodgers owner Frank McCourt speaking at a news conference about increased security at Dodger Stadium in Los Angeles

It’s been morbid fun watching Frank McCourt press to meet the Dodgers payroll, thereby holding off a takeover from Major League Baseball.  Last month we saw him mortgage his future a little bit.  The expectation this month was that he’d be sunk, given that Manny Ramirez is owed a big chunk of money in deferred compensation.  Certainly MLB would have to step in on June 15th, right?

Well, no, not if Bob Nightengale’s report is accurate. He says that other MLB owners are being told that McCourt has the money to meet the mid-month payroll.

It’s unclear where this money is coming from, what with attendance way down at Dodger Stadium and McCourt still leveraged to the gills.  My guess: he got Kelly, Ozone, Turbo and a young Ice-T to put on a big performance that will simultaneously help the Dodgers make payroll, and save the neighborhood rec center.

UPDATE: Bill Shaikin says that Frank McCourt is playing coy about it and won’t say if he has the funds to meet June 15th payroll. Maybe he wants it to be a surprise at the big jam at the end of the movie. Er, I mean, when payroll comes due.

  1. skerney - Jun 8, 2011 at 5:24 PM

    As they fall behind SF and AZ, will they shed payroll?

    • Old Gator - Jun 8, 2011 at 5:26 PM

      How do you shed something you don’t have? Pressing question, even for those of us who aren’t snakes.

  2. uberfatty - Jun 8, 2011 at 5:28 PM

    Only one thought comes to mind when reading this article about the Dodgers’ payroll: I am glad the Phillies play the Dodgers tonight and not after this issue is overwith. Maybe the distraction will hurt the Didgers pitching and the PHillies will finally score some runs.

    • uberfatty - Jun 8, 2011 at 5:40 PM

      I need spellcheck, or better typing.

      And a sarcasm font, apparently…

  3. The Common Man/www.platoonadvantage.com - Jun 8, 2011 at 5:29 PM

    God bless you and Breakin’ 2: Electric Boogaloo references. May neither of you ever go out of style.

    • skipp504 - Jun 8, 2011 at 7:08 PM

      Can Jaime McCourt play Kelly.

  4. halladaysbicepts - Jun 8, 2011 at 5:30 PM

    Screw Frank McCourt and the Dodgers. I’m sick of hearing about them. He’s going to lose the franchise. Period. If MLB wants do do the right thing, they need to strip the franchise from him immediately to keep their credibility. MLB is starting to look like the NHL with these solvency issues.

    • jjschiller - Jun 8, 2011 at 5:40 PM

      *periodt

  5. skerney - Jun 8, 2011 at 5:36 PM

    This is what happens when you live beyond your means your entire life. This man was land-wealthy and lived like he was a billionaire.

    • baseballstars - Jun 8, 2011 at 10:27 PM

      Exactly. I hate assholes who leverage themselves to the top instead of actually earning anything. Then when they collapse, other people suffer – usually those who lent money, but in this case, the fans especially. People like this should be in jail, not non-violent drug offenders.

  6. Mr. Jason "El Bravo" Heyward - Jun 8, 2011 at 5:45 PM

    “Morbid fun” my favorite type of fun. McCourt is getting his moolah from the Ayatollah. It’s an Iranian conspiracy I tells ya!!

    • halladaysbicepts - Jun 8, 2011 at 5:49 PM

      In essence, this guy is a criminal with his misuse of funds. If he were in the middle east, the Ayatollah would send him to chop-chop square for his punishment.

      • jjschiller - Jun 8, 2011 at 5:49 PM

        *fundts.

  7. andrebeingandre16 - Jun 8, 2011 at 5:46 PM

    nooooooooooooo!

  8. royalsfaninfargo - Jun 8, 2011 at 6:03 PM

    I wonder if he’ll cut more security at Dodger Stadium to gain more money on the balance sheets?

    • halladaysbicepts - Jun 8, 2011 at 6:09 PM

      How do you secure a prison like Dodgers Stadium, anyways? He probably needs to apply for federal funding. It’s good that Nancy Pelosi is probably in his corner.

      • jwbiii - Jun 8, 2011 at 8:56 PM

        Since Pelosi’s district includes San Francisco, I would think not.

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