AP Source: Dodgers lack cash for May 31 payroll

[OmahaBlueDog]

Source: AP, via Yahoo!

NEW YORK – Major League Baseball believes the Los Angeles Dodgers do not have enough money to make their end of May payroll, a person familiar with the team's finances told The Associated Press.

The person spoke Wednesday on condition of anonymity because MLB's investigation of the team's finances under owner Frank McCourt is ongoing. The Los Angeles Times first reported that the Dodgers lacked the cash to make their May 31 payroll.

The person said that if the Dodgers don't have the money, MLB would step in and make payroll.

"The fact that we had obligations coming due in 2011 was no surprise to us and no surprise to Major League Baseball," Dodgers owner Frank McCourt said in a statement to the AP.



Read more: http://news.yahoo.com/s/ap/20110504/ap_on_sp_ba_ne/bbn_dodgers_payroll

[onethatcares]

1. let the owners dig deep

maybe take out a payday loan. I hear those places are great to deal with.

No taxpayer bailouts for professional sports, we do enough already.

[OmahaBlueDog]

2. No More Taxpayer Funded Stadums!

There - I said it and I feel better.

(In fairness, the Dodgers own their own stadium)

[onethatcares]

3. yep, we're on the same page.

I'm sure the Dodgers do own their stadium but how often did they use eminent domain to grab the land?

I'm not arguing, just conversing.:toast:

[itsrobert]

4. Yes, they kicked a lot of immigrants out

to gave the land to the Dodgers

[Drale]

5. This is 100% miss managing by that idot Mcourt

He deseverse to lose the franchise rifts if he doesn't have the money. The Dodgers are a big market team with not that large of a payroll. I wonder what the he'll he's waisting the money on.

[DenverDad]

6. Maybe it's because their taxes are too high. Give 'em a tax-cut,.

:sarcasm:

[KansDem]

7. That's right!!! Give them more money with tax cuts and they'll hire more Dodgers!!!

:silly:

[Citizen Worker]

8. I've been waiting for about two years for one of the sports franchises to shut down. I thought it

would occur in Detroit or one of the deindustrialized cities around the country due to dramatic decline in attendance. Working class people simply don't have the money to attend sporting events. But it looks like I was wrong and it was just good old fashioned greed that is taking down the Dodgers.

[Dawson Leery]

9. LET THEM FAIL! Enough of paying for stadiums with taxpayer dollars!

Recall that eminent domain was used to build the dodgers stadium too. Disgusting. :puke:

[nosmokes]

10. How in the holy hell can the doggers be in money trouble? They own Chavez Ravine

and Dodger Stadium outright FCOL. They keep all that dough. Shit, most of here could do pretty well offa the parking receipts.

[stevedeshazer]

11. How can a legendary franchise like the Dodgers fail in the #2 US market?

Jeezus, the mismanagement of the Dodgers is epic.

I'm not even a Dodger fan, but this bothers me.

Man, it's one of baseball's core franchises. I hope they get better owners and soon.

[OmahaBlueDog]

12. I think they will

However, the Angels have kind of eaten their lunch in recent history