Truth & Rumors > MLB
Dodgers owner receives $30M loan from Fox
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08:31 AM ET 04.17 | Frank McCourt took a $30-million loan from Fox to meet the Dodgers' payroll obligations last week, according to three people briefed on the arrangement. The loan marks the second time since the end of last season that Fox has provided money to the Dodgers owner so he could cover expenses. The loan was furnished to McCourt personally rather than to the debt-strapped Dodgers, so the arrangement did not require Commissioner Bud Selig's approval, according to the people briefed on the deal.
Frank McCourt, Kevork Djansezian/Getty Images
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Comments (19) Add A Comment
At what point can the commissioner force this deadbeat to sell the team? He's making a mockery of one of the iconic franchises in the sport.
williewilliejuan
Total Comments (35045)
It's past time for them to at least look at that possibility!
stargatebabe
Total Comments (2054)
Exactly. How can Selig NOT have to approve a loan ? What if the conditions were such that if not paid back in a certain amount of time the group/person that made the loan now takes over the team?
50yearfan
Total Comments (11155)
...or he started borrowing money from organized crime figures?
Clintster
Total Comments (270)
Its a sad sad day when networks (who already have too much control in sports) are allowed to loan out money to clubs or club owners. This "cannot" be a good thing and must be addressed.
DENVERROB
Total Comments (2425)
lol gee i wonder what would come of this...
YouthAttack!
Total Comments (9808)
I remember when he bought the team....
DJRoxalot
Total Comments (108505)
Gots to pay off all those LAPD he's hired to protect against lawsuits!
Ducky Bent
Total Comments (42)
I don't think 30 million will pay off what they still owe Manny Ramirez and Andruw Jones.
Mongo Alex
Total Comments (1920)
possibilites are too scary to even think about
DENVERROB
Total Comments (2425)
Sounds like he is elgible for a government bailout.
Red Zone
Total Comments (375)
i'm sure joe buck and that fool tim mccarver will have a field day with this. who's gonna lend the wilpons some dough is the question mlb should be asking itself. maybe sny? check out my last yankee-related post on: http://absurdityinthemundane.com/.
crosta85
New York , NY
Total Comments (15)
Long live the "McCourt Era" in Dodgertown... I can't think of a franchise that deserves it more!
Go Giants!
sefreimont
Total Comments (17)
How much of that $30M will go to the divorce lawyers ... ?
Cheesy Texan
Converse , TX
Total Comments (427)
I remember when he was this )( close to buying the Red Sox.
Phew!
Rex Racer
Total Comments (22473)
I remember when he almost bought the Red Sox.
Phew!!!
Rex Racer
Total Comments (22473)
That's a bit bizarre. Make me sign in and start over, but post the first comment anyways.
Bah...
Rex Racer
Total Comments (22473)
Time to sell ! I got 10 bucks
7 in 12 ?
Reno , NV
Total Comments (80)
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