Wednesday, May 4, 2011

The Los Angeles Dodgers aren't good at "dodging" financial troubles.

It is all around the news. the fact that the LA Dodgers owner Frank McCourt does not have the funds to pay the teams payroll this month. According to LA Times, “McCourt received a $30-million loan from Fox last month, which provided funding for the Dodgers' two April payrolls and is expected to carry them through the first May payroll The second May payroll, due at month's end, is the one that appears problematic at this time." 

The reason for this lack of funding is due to his bitter divorce to his long time wife, Jamie McCourt. Since he cannot pay this months payroll. So what will happen?  If I was a player on this team I would be worried but the LA Dodgers aren't worried about who will be signing their paychecks since the MLB has taken over the franchise. MLB graciously decided to take over the dodgers funding for the rest of the year. It is really sad that a professional baseball team is suffering due to personal problems of the owner. 

He should have dealt with his personal life or had some sort of agreement that if worse does come to worse in his marriage that the team won’t be affected. Since the MLB would take over and help pay the payrolls, they could have the option at the end of the season to make him sell his franchise. 

This problem could be resolved if commissioner Bud Selig approved a contract for 30 million dollars from FOX but that is very unlikely at this point. It is no surprise to me that this is happening we are in recession and finances are difficult for everyone. But usually when finances are in trouble it only affects close relatives and family. But in this case it is affecting not only McCourt’s family, but also the dodgers, MLB in general and also the fans of the dodgers.

1 comment:

  1. Kaylie: At this point in the term your posts should be improving. You have imbedded our links this time, which is good. There are still some egregious errors in your writing, however--most notably you didn't capitalize "Dodgers." There's a sentence fragment in the second graf, and AP style is "$30 million" (don't spell out dollars). You need to proof your copy carefully before you post. Take more time on this assignment. Score = 7

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