Los Angeles Dodgers: Will They Be Broke By July?

Adam BernacchioAnalyst IIIMay 4, 2011

LOS ANGELES, CA - APRIL 15:   Los Angeles Dodgers owner Frank McCourt (R) greets Don Newcombe, former Brooklyn Dodgers teammate of Jackie Robinson, before the game with the St. Louis Cardinals as Major League Baseball celebrates Jackie Robinson Day on April 15, 2011 at Dodger Stadium in Los Angeles, California.  (Photo by Stephen Dunn/Getty Images)
Stephen Dunn/Getty Images

The Los Angeles Dodgers might not be able to make payroll at the end of the month and will be completely broke come July according to the Wall Street Journal.

Dodgers owner Frank McCourt had to borrow $30 million last month in order to meet payroll.

McCourt has a deal in place with FOX that would bring $3 billion in TV fees to the club—including a $285 million up-front payment—but Commissioner Bud Selig is holding up the deal until the Dodgers finances can be sorted out.

This FOX deal sounds like one of my sales reps who is at 50 percent to goal on the last day of the month and comes to me and tell me that they have the mother of all deals in the works; and if they can just get this one deal in, they will be at 125 percent to goal by the end of the day.
Sadly, those pie in the sky deals never work out.

And sadly, this deal won’t happen for McCourt. Selig will force him out before this gets done.

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