SCARY: Dodger Franchise Teetering in McCourt Debt

Holy shit... read this report... The Dodgers are coasting into oblivion as McCourt's paying over $14 Million in deferred salary to former players, is personally out of dough, pays his divorce lawyers $700 Grand a month... and there is no end in sight.

about 2 years ago Rev Halofan 11 comments 0 recs |

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yea seriously in trouble

the trial for who owns the team doesn’t start till may to which is horrible and potentially catastraphic for the team

GO COLTS!!! 09 IS OURS!!!

by TheAngelsColts on Dec 23, 2009 12:39 AM PST reply actions

Hey Frank, how much for Clayton Kershaw?

The 2009 Pregame Picks Winner and Iron Man of Halos Heaven.com

by 44FAN on Dec 23, 2009 1:29 AM PST reply actions

Total Carnage - Doyer Style

Because of all those Ned Colletti deferred contracts, the Dogs will still be paying $62,579,999 over the next 5 years to players who won’t even be on their roster during that time.

2010: $14,530,000
Andruw Jones: $3,200,000 (deferred salary)
Nomar Garciaparra: $1,125,000 (deferred signing bonus)
Jason Schmidt: $2,625,000 (deferred signing bonus)
Will Ohman: $200,000 (option buyout)
Orlando Hudson: $380,000 (deferred signing bonus)
Juan Pierre: $7,000,000 (contract settlement)

2011: $17,658,333
Andruw Jones: $3,200,000 (deferred salary)
Jason Schmidt: $2,625,000 (deferred signing bonus)
Manny Ramirez: $8,333,333 (deferred salary)
Juan Pierre: $3,500,000 (contract settlement)

2012: $15,658,333
Andruw Jones: $3,200,000 (deferred salary)
Manny Ramirez: $8,333,333 (deferred salary)
Casey Blake: $1,125,000 (option buyout)
Rafael Furcal: $3,000,000 (deferred signing bonus)

2013: $11,533,333
Andruw Jones: $3,200,000 (deferred salary)
Manny Ramirez: $8,333,333 (deferred salary)

2014: $3,200,000
Andruw Jones: $3,200,000 (deferred salary)

"All I need are some tasty waves, a cool buzz, and I'm fine."

by Quad Fin Rider on Dec 23, 2009 2:48 AM PST reply actions

That Andruw Jones contract was a killer...

…still on the hook for $16,000,000.00 for a guy that (in his only season with the Doyers) batted .158 with 3 HR’s and 14 RBI’s. OUCH!!!!

Makes the GMJ deal look like the bargain of the century.

by sothball on Dec 23, 2009 9:00 AM PST up reply actions

Now that Dru Jones & JP will both be playing for the Pale Hose & paid by the Doyers

South Siders have already dubbed their new acquisitions “The Ned Coletti Memorial Outfield”

"All I need are some tasty waves, a cool buzz, and I'm fine."

by Quad Fin Rider on Dec 23, 2009 10:54 PM PST up reply actions

Colletti should have been smart

Load the team up with back loaded and deferred contracts and leave before they come due. Let the next guy take the heat for them.

In Arte I Trust.

by SalmonStream on Dec 23, 2009 6:34 PM PST up reply actions

losing money is part of sports

NHL owners lose $15-20 million A YEAR

RIP Nick Adenhart

by ihearhowie2.0 on Dec 23, 2009 8:27 AM PST reply actions

Wow

At what point does MLB start lending money to the Dodgers much like they did for Tom Hicks?

RIP Nick Adenhart 4/9/09

I blog about the Angels at The Diamond Aces

by Jay Cal on Dec 23, 2009 8:50 AM PST reply actions

Damn

This makes me so happy. LA is the City of Angels.

I miss Hudler already.

by Teixeira Who? on Dec 25, 2009 12:18 AM PST reply actions

On top of that, the Times is reporting that

Jamie Carroll didn’t have a “Ramirez Provision” in his contract.

Manny had a clause mandating a donation to the Doyer’s charitable foundation. After Manny signed, McCourt said that all future contracts would have such a provision.

Yeah. Right.

Angels baseball. We do what we must, because we can -- HaloDutch

by red floyd on Dec 25, 2009 9:13 AM PST reply actions