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Frank McCourt said to have “no chance” to make the June 30 payroll

Jun 14, 2011, 8:50 AM EDT

Frank McCourt AP

Frank McCourt scrimped and saved — wait, no he didn’t; he borrowed — to make payroll at the end of May.  He is said to be fine for the mid-June payroll due tomorrow too, so good for him.  That business with the Manny Ramirez payment coming due at the end of the month, however, makes things dire, one would think.

Yep: according to Bill Shaikin, the Dodgers have “no chance” to meet the June 30 payroll unless that Fox contract is approved. That according to a person “familiar with McCourt’s finances but not authorized to discuss them.”

So, it may take a month longer than expected, but barring an unexpected court ruling in the next two weeks (a) barring Jamie McCourt from objecting to the Fox deal; and (b) ruling that Major League Baseball has no right to approve or disapprove of Dodgers financial decisions, McCourt is going to lose his team at the end of the month.

  1. bigxrob - Jun 14, 2011 at 8:56 AM

    So Peter is finally broke?
    Paul isn’t going to be happy about that.

  2. koufaxmitzvah - Jun 14, 2011 at 9:11 AM

    Bad things happen to men who stay in $1500/night hotel rooms and spend $50,000 a year on their hair.

    Frankie, baby, it’s time to go.

    • aceshigh11 - Jun 14, 2011 at 11:10 AM

      You’d think he’d look better after spending THAT much on his hair. What a jackass.

  3. yankeesfanlen - Jun 14, 2011 at 9:26 AM

    I would tend to believe the suits at MLB had the Manny payment figured out earlier than Frank.

  4. Mr. Jason "El Bravo" Heyward - Jun 14, 2011 at 10:31 AM

    I absolutely can’t get enough of the fact that Manny may end up sticking it to Frank in this odd roundabout way. It’s Manny’s last act and this one thing should put him in the HOF!

    • Kevin S. - Jun 14, 2011 at 11:10 AM

      I can’t get enough of the fact that it will finally require people to acknowledge that Scott Boras has done some good for baseball.

    • aceshigh11 - Jun 14, 2011 at 11:11 AM

      It’s just Manny being an accounting wizard.

    • paperlions - Jun 14, 2011 at 11:33 AM

      If the Manny payments were not deferred, Frank would have been down $25M before the year started…so this all might have been over last month.

  5. SmackSaw - Jun 14, 2011 at 11:45 AM

    Thank the Big Dodger in the Sky!

  6. tuftsb - Jun 14, 2011 at 12:02 PM

    A serious question – which is worse – an owner, who is supposed to maintain economic control of a team not properly preforming those duties and enhancing the balance sheet or a player using enhancing drugs?

  7. cur68 - Jun 14, 2011 at 12:25 PM

    You know what I’ve noticed on this blog? No one loves McCourt. No one. When we get into a good session of Wilpon bashing we can semi-count on a certain apologist to turn up and point out in excruciating detail how wrong we are (LOL etc) and go on like he invented the law, editing, grammar, biochemistry, share trading and advanced economics; it’s like the Professor from Gilligan’s Island has joined us or something. But no one does that for poor old Frank.

    Frank needs that guy. Anyone want to volunteer? These posts are so much livelier when a Professor turns up…

    • seeingwhatsticks - Jun 14, 2011 at 5:00 PM

      So true.

      The funniest thing about the apologist telling us how wrong we all were is that the Wilpon deal ended up almost exactly how we all said it would. Weird.

      • cur68 - Jun 14, 2011 at 9:44 PM

        Well sticky, we used stuff like ‘logic’ and ‘facts’. Thus we were ‘far more accurate. Also we didn’t hang around on any of those Wilponian posts days after everyone else had all moved on getting the last word and proclaiming ourselves the victor.

        Maybe it’s for the best that no one volunteered to be Frankie’s mouthpiece. Only so much sanctimony, smugness and ‘LOL’ we can all take.

  8. purdueman - Jun 14, 2011 at 12:55 PM

    Dodger players and fans deserve better than to have this carpetbagger of an owner from a parking lot in Boston. Keep your fingers crossed Dodgers fans that Selig can keep his monkey wrench in the Fox deal long enough to keep it from going through to that Mc Broke can miss a payroll, giving baseball the right to seize the franchise.

  9. skerney - Jun 14, 2011 at 1:51 PM

    In 2008 Manny hit .396 as a Dodger and had one of the best stretches anyone had ever seen. In 2011, the devil came to collect and took the Dodgers from McCourt. They should let Matt Stairs change the locks on Dodger stadium just to bring this whole thing full circle.

  10. purdueman - Jun 14, 2011 at 9:57 PM

    Hey, I don’t know if all of the reports about Frank Mc Broke being well, broke, are true or not, but an unconfirmed report said that he was spotted around 6AM this morning in the new downtown LA Four Seasons Five Star Hotel lobby… rifling the couches and chairs looking for loose change!

  11. purdueman - Jun 14, 2011 at 11:33 PM

    Frank Mc Broke today reportedly said that while he might not be able to make payroll on June 30th, he did sleep at a Holiday Inn recently!

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