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Friday, January 14, 2011

Rupert, Can You Spare A Mil? Fox Loans McCourt Operating Cash

Not liking this one little bit. We don't know how much or the terms thereof, but --
Andy Dolich, formerly a top executive with the San Francisco 49ers, Oakland Athletics and Memphis Grizzlies, said a cash advance would be unusual — particularly in the off-season, when teams generally do not pay their players.

"It's a bit odd, because the people and the entities that own these teams usually have the money to operate the team well into the future," said Dolich, who emphasized that he has not reviewed the Dodgers' finances or how the McCourt divorce might have affected them.

"Maybe it's not odd, in terms of what's going on, but I haven't heard of a lot of teams that do that."

McCourt has discussed a new television deal with Fox, one that would extend the company's rights to broadcast Dodgers games and provide him with the nine-figure sum most likely necessary to settle his divorce case.

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