Frank McCourt has taken Dodgers deep in debt
The owner has struggled to obtain additional financing for the team, which was $433 million in debt as of last year. The red ink could hamper the Dodgers’ ability to sign players.
Since buying the Dodgers for $430 million six years ago, Frank McCourt has so heavily leveraged the team — $433 million in debt as of last year — that he has struggled to find additional financing.
