As if the Los Angeles Dodgers didn’t have enough financial problems, ESPN Los Angeles reports that the Dodgers must pay Manny Ramirez $8.33 million by June 30, part of $25 million of deferred money the Dodgers owe him on the contract he signed before the 2009 season.
Manny Ramirez Will Cost The Dodgers $8.33 Million This Season
Only four current Dodgers — Andre Ethier, Hiroki Kuroda, Rafael Furcal and Ted Lilly — are making more than $8.33 million this season.
Where’s the money going to come from?
Dodgers owner Frank McCourt had to draw advances against the team’s corporate sponsorship deals to meet his June 1 payroll obligations. Last week, USA Today reported that McCourt had the funds to meet payroll on June 15. The Dodgers, through a spokesman, declined to comment on the money owed to Ramirez.
So the answer to the question posed above is… who knows? By the middle of next week, on June 22, MLB is supposed to have concluded an investigation into Dodgers finances. Also on that date, Frank McCourt is going to ask a judge to issue a ruling that would approve a multi-billion dollar extension of the team’s TV deal with Fox… and as noted in the previous update to this stream, Jamie McCourt is going to ask for a ruling ordering an immediate sale of the team.
So if you hear fireworks from the direction of Los Angeles a week from Wednesday, that’s why. And Manny Ramirez may still be waiting for his money.
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