Manny Being Money

Boston expatriate Frank McCourt – long derided as Parking Lot Owner ever since he failed to buy the Red Sox and got the Los Angeles Dodgers as a consolation prize – is now fighting not only his ex-wife Jamie in court, but Major League Baseball as well.

From the Wall Street Journal:

Los Angeles Dodgers owner Frank McCourt scored a victory in U.S. Bankruptcy Court Tuesday when a judge allowed the team to receive temporary financing from a lender Mr. McCourt chose rather than from Major League Baseball.

The ruling, which provides funding for the Dodgers to continue operating, keeps Major League Baseball one step removed from full control of the franchise a day after Mr. McCourt filed the team for Chapter 11 bankruptcy protection in Delaware.

And guess who’s the #1 creditor of the bankrupt team?

Yes! Manny (Lemme Just Watch This Home Run For A Minute) Ramirez!

WSJ graphic:

In case you can’t read the fine print, that’s $20.99 million the Dodgers owe Ramirez, who earned exactly slightly north of [see comments] zero of those dollars.

We can only hope that’s just what he gets.

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6 Responses to Manny Being Money

  1. Fred Grosso says:

    Manny is a clown, but he earned his salary just as much as the rest of the guys playing the game.

    • Campaign Outsider says:

      True enough, Fred. I’m just annoyed no one ever stuck a ball in his ear for all the bush things he did at the plate.

  2. Steve Stein says:

    I wish someone could explain this. Manny signed for $45M in March 2009. He spent 50 games of the 2009 season on suspension, for which he doesn’t get paid. He was picked up by the White Sox on waivers in 2010, who were on the hook for the $3.8M remaining on the contract. So the Dodgers obligation on that contract was $34.25M. And they still owe him more than $20M? So he was paid less than half of what they owed him on the contract? Is that normal in MLB?

    I would dispute that he “earned exactly zero of those dollars”. He put up a better than 900 OPS for the Dodgers over those 2 seasons – their best offensive player by far, playing 170 of the 250 games for which he was eligible.

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