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  • Frank McCourt takes a $30 million loan from FOX in order to meet payroll

Frank McCourt takes a $30 million loan from FOX in order to meet payroll

HardballTalk
Published April 18, 2011 at 5:35 AM
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FOX used to own the Dodgers. At this rate, they’re going to own them again someday soon: Frank McCourt took a $30-million loan this week from Fox to meet the Dodgers' payroll obligations, according to three people briefed on the arrangement. The arrangement is expected to cover the Dodgers' expenses into next month … The loan marks…

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