McCourt Lacks Funds, Could Lose Team

LOS ANGELES (CBS) – Multiple sources say that the Los Angeles Dodgers will not be able to make payroll at the end of May, without taking out another significant loan.

Dodgers’ owner Frank McCourt still contends that if Major League Baseball would approve his TV deal with FOX, everything would be resolved.

The $30-million loan received from FOX last month can cover them after their first May payroll. If McCourt is unable to meet payroll by the second payroll in May, MLB could seize the team from him.

(©2011 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments

One Comment

  1. joe says:

    Plz mlb take over ……

  2. HooDatIS? says:

    I NEED TO COME TO A DODGERS GAME AND RALLY UP THE TROOPS IT AINT NOTHING LIKE BEING AT A DODGERS GAME! LETS PARTY HARD CALI SPEND DAT BREAD AND KEEP YOUR TEAM CHEMISTRY HIGH…ITS GOING TO BE A GOOD YR, SO NOW COME ON AND LETS PLAY BASEBALL MCCOURT AINT NO DUMMY HE GOT THIS ITS A BUMP IN ROAD…….NO NEED TO PANIC HE IS A GENIUS…GIVE HIM A MONTH AND IT WILL SIGNED SEALED AND DELIVERED….MS CLEO THE PYSCHIC TOLD ME THIS …..LMAO
    http://ethicalfutures.wordpress.com/2011/05/03/5-year-old-boy-attacks-his-disabled-grandmother-urinates-on-her-back/

  3. bdj says:

    Bring back Pete. O’Malley that is.

  4. I enjoy your composing style, do carry on creating! I is going to be back!

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

KNX 1070 Newsradio
Play.It
Follow Us On Twitter

Listen Live