Truth & Rumors > MLB
Nine teams violating MLB debt rule
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08:14 AM ET 06.03 | The Dodgers and New York Mets are stealing headlines as baseball's big-market financial headaches, but they reportedly are not alone. Nine of the 30 teams are in violation of the MLB debt service rules, according to information presented in a confidential briefing at the owners' meetings last month and confirmed to The Times by three people familiar with the presentation. In addition to the Dodgers and Mets, the teams out of compliance are the Baltimore Orioles, Chicago Cubs, Detroit Tigers, Florida Marlins, Philadelphia Phillies, Texas Rangers and Washington Nationals, according to the people, none of whom were authorized to disclose the information.
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Alyssa Miller
Chrissy Teigen


Comments (44) Add A Comment
Paid for by the friends of Frank McCourt?
HellAwaits!
Total Comments (19852)
And we wonder why our financial institutions have to be propped up or bailed out by our federal government? It's because they recklessly toss money, like it's candy, to frauds like Frank McCourt.
THE BISHOP!
Total Comments (13361)
Tigers and Phillies? Really.
ChiSoxFan
Chicago , IL
Total Comments (13212)
That's what I was thinking, well as far as the Phillies anyway. The Tigers lost neary 3/4 of a million in attenedance a couple of years ago but I thought that was coming back. But it's a confidential meeting yet it's appearing in the media.
Mongo Alex
Total Comments (1920)
the confidential ones seem to always make their way out
ChiSoxFan
Chicago , IL
Total Comments (13212)
Ok but remember it was your idea :)
Mongo Alex
Total Comments (1920)
There's no way in God's green earth that the Phillies are losing money. If they are then somebody is really screwing something up.
jnorman41
Total Comments (4137)
All those other teams aren't struggling to make basic payroll in May... McCourt needs to go...
Bluto- Its not over!
Total Comments (235)
Just to be on that list should be an embarrassment to that organization.
jnorman41
Total Comments (4137)
Maybe some of the teams, but I disagree about the Phillies fan base not being able to match up with Boston.
They are in the 4th largest media market in the country, behind only New York, LA., and Chicago. Boston is 7th.
They have a beautiful new ball park, that they fill every night.
They have just as strong a fan base as Boston, and it seems to be getting bigger. They were #2 in total attendance last year, only behind the Yankees.
Another words, there is no reason the Phillies can't keep up with anybody in baseball (excluding the Yankees) when it comes to payroll.
jnorman41
Total Comments (4137)
If they keep doing stupid shat like giving Ryan Howard $25m/yr until he's 53 years old, they will be.
SlinkyRedfoot
Total Comments (16388)
We have huge problems in America with spending well beyond our means....at the personal level all the way up to the government, who is "leading" the way. No surprise here that baseball teams are just as stupid.
Yogi-Zen
Total Comments (4574)
Leverageing a capitol investment is normal and healthy corporate behavior. they have not listed the debt limits set for MLB teams so this is pretty meaningless other than to imply that McCourt is getting screwed. Maybe he is and maybe he is not. It depends on how much worse he is out of compliance and what that level is...
AllStarz Ruinating…
Total Comments (19280)
Phils are first in attendance bud. Hardly "not having the draw". I guess I should stop forgetting that it's a two team league...
dannylimes
Toronto, ON
Total Comments (8008)
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