How did McCourt meet Dodgers payroll?

He drew cash advances on the team's corporate sponsorship deals, ESPN reports, citing three people familiar with the matter. Business owners don't do stuff like that unless they are absolutely desperate (be sure to cash those checks quick, guys!).

Current team sponsors were contacted and offered discounts on their annual bills and luxury box stadium seats in exchange for cash up front, according to two sources. It is not known which sponsors took the offer, or the depth of discount they were given.

Sounds like judgment day is fast approaching - McCourt is still short on the next payroll, coming due in a couple of weeks. Meanwhile, attendance is down almost 200,000 for the season, or 7,013 per game, according to the LAT (though the number of people actually attending the games is down even further). Some of this no doubt relates to the public's dislike of McCourt, but the team's poor showing is perhaps a bigger factor - as are security concerns after the parking lot beating on opening day.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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