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Dodgers bankruptcy: Fox money is all gone

Frank3
The baseball season is at its halfway point, but the Dodgers have already exhausted the $35 million owed them this season by Fox, according to a bankruptcy court filing Tuesday.

The filing lists the Dodgers' projected income and expenses through the end of the season. The Dodgers are owed $1.277 million per month from KCAL but nothing from Fox, according to the documents. Fox provided Dodgers owner Frank McCourt with a $25-million cash advance last winter. McCourt has said that Commissioner Bud Selig's refusal to approve a proposed new contract with Fox forced him to seek short-term financing and ultimately forced the team into bankruptcy.

The Dodgers pay $1.167 million per month -- or $14 million per year -- to one of the McCourt entities that has not filed for bankruptcy. McCourt's attorneys have said he could retain ownership of Dodger Stadium and the surrounding parking lots even if he loses control of the Dodgers, a position disputed by Major League Baseball.

The Dodgers owe about $10 million in player payroll twice a month, according to the filing.

The Dodgers also have paid $325,000 to retain the law firm representing them in bankruptcy court.

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