Today, funds were due by club owners to cover paychecks that will be issued on May 31st. Some how some way, Frank McCourt was able to meet the payroll demands today, reports Bill Shaikin of the Los Angeles Times.

McCourt was able to secure funds to help make payroll by taking cash advances on payments that he was scheduled to receive until later this season. But McCourt remains in panic mode as he searches to secure funds for payroll checks ending June 15th. A little monkey wrench in the upcoming payroll is that retired slugger Manny Ramirez is due a $6mm deferred payment from his two-year contract he signed in prior to the 2009 season.

Frank will continue to search for money to make the June 15th payroll as he hopes that a scheduled hearing on June 22nd that will determine if his ex-wife, Jamie McCourt has no standing to challenge a proposed television contract between the Dodgers and Fox.

If this was the only problem Frank was facing he wouldn’t be in that bad of shape. He also has MLB breathing down his neck waiting for him to falter with his payroll or other finances so they can takeover the team. AND McCourt was just sued this week by the Stow family for an undisclosed amount.

Image by brendan-c under the Creative Commons License.