Los Angeles Dodgers can't meet May payroll

[marmar]

from NBC Sports:




Bill Shaikin of the Los Angeles Times reports that the Dodgers do not have enough cash to meet payroll through this month. At least not the second round of it which comes due at the end of the month.

In April he got a $30 million loan from Fox to make ends meet. With Major League Baseball now approving any transactions — and with the Fox deal seemingly on life support if it’s even still alive — there won’t be any such cash infusions this month.

So, does Matt Kemp have to take a second job? Does Andre Ethier have to try to keep his hitting streak alive while his stomach growls because he can’t afford groceries?

Not quite. If McCourt fails to meet payroll, Major League Baseball will cover expenses. However, it is believed that pursuant to the standard ownership agreement to which McCourt is subject, baseball has the ability to fully seize the Dodgers if they have to cover payroll. ...............(more)

The complete piece is at: http://hardballtalk.nbcsports.com/2011/05/04/the-dodgers-cant-meet-may-payroll/

[Auggie]

1. A problem often encountered by Cleveland in the early 70s...

according to former player Ray Fosse (Fosse has stated the franchise would trade players if they started to show real talent since there was no way they could afford raise requests -- in a way, it's not any different from how they operate with free agency today).

[KamaAina]

2. Who knew Nelson Muntz was a Giants fan?