Toronto Blue Jays

After $1 billion in player spending, Dodgers under MLB mandate to cut debt

After $1 billion in player spending, Dodgers under MLB mandate to cut debt

The Dodgers, who have spent more than a billion dollars on player payroll in the first four seasons of Guggenheim Baseball Management, face a mandate to reduce debt in order to conform to Major League Baseball rules.

The club is expected to reduce payroll for a second consecutive season, with the goal of cutting from about $300 million in 2015 to closer to $200 million in 2018.

The team says the reductions are unrelated to baseball’s rules about debt, which demand clubs be in compliance within five years of an ownership change. Rather, the Dodgers say they spent heavily in the early days of Guggenheim ownership in order to be competitive as...

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