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Frank McCourt and the Dodgers have obtained advance money from Fox in order to cover off-season operating expenses. From the article:

"It is unclear whether the cash advance indicates the Dodgers are in immediate financial peril, but a sports industry consultant said the timing was curious, given that team expenses are lower out of season than during the season.

The Dodgers had projected revenue of $279 million last year and $287 million this year, according to court documents. Fox owes the Dodgers $35 million for television rights this year, $37 million next year and $39 million in 2013, according to the documents."

Also from the article:

"Los Angeles Superior Court Judge Scott Gordon has certified as final the ruling in which he threw out a marital property agreement that would have provided McCourt with sole ownership of the Dodgers."

I think those who insist that the Dodgers are a cash cow and won't be on shaky financial ground are going to have to re-evaluate that opinion as long as Frank McCourt is anywhere near the team. His lawyers are going to try a different tactic as it relates to who owns the team, but they have yet to specify what that's going to be. All anyone knows is that it will involve an entirely new court case and a lot more in lawyer fees, something that hamstrung Frank during the divorce proceedings.

However, this doesn't mean that other teams can start lining up at the Dodger Buffett of available players just yet. McCourt told Ned Colletti to go out and spend like a drunken sailor during the off-season to dispel the rumors they were broke, and Uncle Ned came back with such gems as Juan Uribe for three years, $21M, 35 year old Ted Lilly, three years, $30M, 36 year old Hiroki Kuroda one year $12M, 35 year old Rod Barajas one year $3.25M (he's expected to start), Jon Garland one year $5M, and Vicente Padilla one year $2M. They've also collected Dioner Navarro, Juan Castro and Tony Gwynn, Jr. off the scrap heap while letting Russell Martin go for nothing and trading Ryan Theriot to the Cardinals for pitcher Blake Hawksworth. If McCourt allows Ned to trade Ethier, Loney, Kershaw, etc., it's raising the white flag, and his public posture on that so far has been that he never will do that.

Their rotation isn't bad, but projected 3B Casey Blake turns 38 in August, they have no left fielder, they expect a full year at 2B from Uribe, Rafael Furcal is 33, Matt Kemp is in danger of going into permanent career sulk, and did I mention they expect Barajas to be the everyday catcher? And if not him, Navarro?

But they still have Vin Scully, who turned 83 in November. It doesn't cost anything to listen to him.

over 1 year ago Camera_3-12-10_010_tiny BeerCub 12 comments 0 recs  | 

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Interesting.

As predicted by some of us here, the Dodgers are in turmoil. They could have a really, really bad season.

"You can observe a lot just by watching." ~ Yogi Berra

by Al Yellon on Jan 15, 2011 5:56 PM CST reply actions  

If it means they can't afford the likes of Kershaw, Kuroda, Kemp, etc

I’d be more than happy to have the Cubs take them off their hands

"Baseball is almost the only orderly thing in a very unorderly world. If you get three strikes, even the best lawyer in the world can't get you off." ~ Bill Veeck

by Musicdude10 on Jan 15, 2011 6:21 PM CST up reply actions  

BS.

I really have no sympathy for this situation. I’d rather watch the team fall apart and fall flat on their faces than get a loan from Fox.

"The riches of the game are in the thrills, not the money." --Ernie Banks

by dtpollitt on Jan 15, 2011 5:58 PM CST reply actions  

does this mean all the talk about how the divorce is not hurting the team and its finances

is off base, as most of us have said time and time again?

Chronologically inept since 2060
Q: Why did Chuck Norris cross the road?
A: Ditka

by Cubbie-Tim on Jan 15, 2011 6:10 PM CST reply actions  

but many people also predicted the wholesale trading of their players.

That hasn’t happened yet and instead the Dodgers make questionable deals for a broke franchise such as Ted Lilly.

I see MLB ownership in the future.

John Grabow: $4.8 million in 2011.

by rlpete on Jan 17, 2011 12:49 PM CST up reply actions  

The wholesale trading may be yet to come

Although if that starts to happen, Selig may step in and have MLB take over.

"When they signed Fukudome, I knew they were trying to get me fired". - Ron Santo, January, 2008

by BeerCub on Jan 17, 2011 4:30 PM CST up reply actions  

The McCourts

are a couple of grifters who have conned their way into owning a Major League Ball club. And like all grifters, they turned on each other and their scheme fell apart.

I want to know what’s going to happen when the Dodgers fail to make payroll. Because that’s where they are headed.

This is just going to get more and more ugly. I don’t like the Dodgers, but damn, I’m angry that MLB allowed this to happen to a once-proud franchise that was the jewel of the National League.

Oh well, it’s good news for the Angels.

by Josh Timmers on Jan 15, 2011 8:14 PM CST reply actions  

Agreed 100%
I’m angry that MLB allowed this to happen to a once-proud franchise that was the jewel of the National League.

How MLB can allow the personal life of a team’s owners to put a franchise in jeopardy is beyond me. I get that the team is owned by them but there is much more to sports franchises than that. As a Cub fan, I sure would hope that MLB would step in if the Ricketts family started having major financial or personal problems and allowed those issues to, in any way, impact the team.

by dmlichte on Jan 16, 2011 9:17 PM CST up reply actions  

Car wreck

It’s terrible, but I can’t help but slow down and gawk every time I see a story on this divorce case gone wild.

by Nibbles on Jan 15, 2011 8:34 PM CST reply actions  

More on this

LA Times colunists T.J. Simers, not known for his niceties, rips into McCourt yet again.

"When they signed Fukudome, I knew they were trying to get me fired". - Ron Santo, January, 2008

by BeerCub on Jan 16, 2011 9:30 AM CST reply actions  

Link fail

http://www.latimes.com/sports/la-sp-simers-20110116,0,2303874.column

"When they signed Fukudome, I knew they were trying to get me fired". - Ron Santo, January, 2008

by BeerCub on Jan 16, 2011 9:30 AM CST up reply actions  

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