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AP Source: McCourt makes Dodgers payroll
Posted: May 31, 2011 2:01 PM
Updated: May 31, 2011 2:01 PM
LOS ANGELES (AP) Los Angeles Dodgers owner Frank McCourt has paid his major league bills for now.
A person familiar with the situation who requested anonymity because he wasn't authorized to speak publicly said McCourt was able to make payroll Tuesday. Baseball officials previously said they didn't believe McCourt had enough money to cover the team's end of the month payroll.
McCourt took a $30 million loan from Fox, the Dodgers' television partner, prior to Major League Baseball Commissioner Bud Selig's decision to appoint a monitor to oversee the team's daily operations.
The ability to make payroll gives McCourt more time to possibly reach a settlement with his ex-wife and former team CEO Jamie McCourt. The McCourts are embroiled in a nasty divorce where she recently asked a judge to order the sale of the team.
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