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Dodgers must pay Manny Ramirez $8.33 million by June 30

Jun 13, 2011, 12:48 PM EDT

Mannywood sign

Dodgers owner Frank McCourt already had to draw cash advances just to cover the June 1 payroll and now Molly Knight of ESPN Los Angeles reports that the team must pay Manny Ramirez $8.33 million in deferred money by June 30.

Ramirez’s two-year, $42 million contract with the Dodgers included three deferred $8.33 million payments due in 2011, 2012, and 2013, the first of which represents a larger figure than the standard every-two-weeks payroll McCourt has been struggling to meet.

According to Knight the Dodgers have yet to comment on the Ramirez payments, but last week USA Today did report that McCourt had enough money to cover the June 15 payroll. Hopefully there are still a few couch cushions McCourt hasn’t looked under yet, although even with all their issues presumably the Dodgers have been aware of the impending payment to Ramirez this whole time. MLB is no doubt hoping they didn’t plan ahead.

  1. oldpaddy - Jun 13, 2011 at 12:52 PM

    Hahahahahahaha!
    HA!

    • Old Gator - Jun 13, 2011 at 12:55 PM

      And again, HA!

    • Mr. Jason "El Bravo" Heyward - Jun 13, 2011 at 1:07 PM

      [Insert Nelson Muntz tagline here]

    • yankeesfanlen - Jun 13, 2011 at 1:08 PM

      Apparently the haha’s have beaten me to this post.
      HeeHee

  2. yankeesgameday - Jun 13, 2011 at 1:23 PM

    Dude, all I wanted to say about this article was hahahHahahHHahahahahaha but that was already taken several times!

    Hahahahahahahahaha @ Dodgers.

  3. Jonny 5 - Jun 13, 2011 at 1:34 PM

    You guys laugh all you want, but Manny never read the small print. 8.33 million in Iraqi currency. Shrewd man that McCourt is, Shrewd indeed.

    • kingbuccaneer - Jun 13, 2011 at 2:37 PM

      One of the best comments ever on HBT.

  4. yankeesfanlen - Jun 13, 2011 at 1:38 PM

    Aaron, I have a question more along the legal (Craig) line. Even IF Manny were to agree to waive, postpone this payment, since it is still a contractual obligation that a certain amount was to be paid at a certain time, wouldn’t that STILL go against the balance sheet and make them technically bankrupt?

  5. SmackSaw - Jun 13, 2011 at 1:58 PM

    I think if they attempted to do anything regarding the contract, the Players Association would flip out.

  6. uyf1950 - Jun 13, 2011 at 2:01 PM

    I say it doesn’t matter if the Dodgers make payroll or not. It wouldn’t surprise me if the Courts force a sale of the Dodgers as part of the divorce settlement. By this time next year there will be a new owner/sheriff in Dodgertown. Does Mark Cuban sound familiar fresh off the Mavs NBA Title..

  7. granted42 - Jun 13, 2011 at 2:48 PM

    Before they pay Manny, don’t they have to find him?

  8. jwbiii - Jun 13, 2011 at 3:16 PM

    If the Dodgers don’t pay him, doesn’t he become a part owner? Obviously, this a hypothetical, because if the Dodgers can’t make payroll, MLB takes over, but still. . .

  9. henryd3rd - Jun 13, 2011 at 3:38 PM

    Didn’t Manny violate the terms of his contract when he failed a drug test for taking PED’s? Oh; I am mistaken he was suspended for having high levels of female hormones in his system. That may be the out for the Dodgers not paying him his money? There is precedent here. Denny Nagle’s contract was voided by the Rockies after being arrested for soliciting sex from a prostitute. They used the moral clause in that contract to void it totally. If the Dodgers took this position I am sure they would prevail

    • jwbiii - Jun 13, 2011 at 4:49 PM

      Not a chance. While Ramirez did violate his contract, that contract specified very clearly what the penalty for that violation would be: a 50 game suspension.

    • kcfanatic - Jun 13, 2011 at 5:44 PM

      I thought the same thing, but this is deferred money. So, technically he has already earned it(even though he never earned it).

  10. rcali - Jun 13, 2011 at 4:22 PM

    8.3 million buys a lot of female fertility drugs

  11. cup0pizza - Jun 13, 2011 at 10:03 PM

    The Dodgers are the dumbest organization ever.

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