Dodgers' Debt Under McCourt Could Affect Team's Ability To Sign Talent

latimes.com:

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.

The debt load has limited how the Dodgers can pay their players and could affect the team's ability to sign talent.

McCourt was turned down at least three times -- by Citibank, by a Chinese investment group and by a Southern California infomercial king -- in trying to secure additional financing last year, according to documents filed in the divorce case between him and his estranged wife, Jamie.

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