Dodgers owner Frank McCourt already had to draw cash advances just to cover the June 1 payroll and now Molly Knight of ESPN Los Angeles reports that the team must pay Manny Ramirez $8.33 million in deferred money by June 30.
Ramirez’s two-year, $42 million contract with the Dodgers included three deferred $8.33 million payments due in 2011, 2012, and 2013, the first of which represents a larger figure than the standard every-two-weeks payroll McCourt has been struggling to meet.
According to Knight the Dodgers have yet to comment on the Ramirez payments, but last week USA Today did report that McCourt had enough money to cover the June 15 payroll. Hopefully there are still a few couch cushions McCourt hasn’t looked under yet, although even with all their issues presumably the Dodgers have been aware of the impending payment to Ramirez this whole time. MLB is no doubt hoping they didn’t plan ahead.