Bankruptcy filing reveals Manny Ramirez owed $21M |
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all it a case of Manny being owed money. The Los Angeles Dodgers filed for Chapter 11 bankruptcy yesterday, listing ex-Red Sox slugger Manny Ramirez as the team’s biggest unsecured creditor, owed $21 million.
Jerry Kronenberg | Boston Herald | Published: 06/28/2011 11:31
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The debt represents the unpaid balance on Ramirez’s $45 million contract with Los Angeles, where the ornery outfielder played for two years after the Sox traded him in July 2008.
Ramirez later played for the Chicago White Sox and Tampa Bay Rays before quitting baseball this year after reportedly testing positive for performance-enhancing drugs.
Dodgers owner Frank McCourt Jr., a former Hub real estate tycoon, put the team into bankruptcy in a last-ditch effort to prevent Major League Baseball from seizing the franchise.
MLB officials took over the Dodgers’ day-to-day operations in April after McCourt ran into problems making the team’s payroll and providing adequate game-day security.
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