McCourt: Plan was to cut Dodgers players’ salaries

Frank McCourt says his plans to turn around the Los Angeles

Dodgers’ fortunes included reducing players’ salaries.

A business plan created for McCourt called for cutting payroll

by 11 percent and 21 percent in 2005 and 2006, respectively.

The plan was aiming for a team operating budget at about $85

million. It was shown Wednesday at his divorce trial that could

decide whether he should share the team with his estranged wife and

former team CEO, Jamie McCourt.

McCourt bought the Dodgers in early 2004 from Fox Corp. for

about $430 million. The previous owner was bleeding money – as much

as $55 million in 2003 – before McCourt took over.