After the Guggenheim group purchased the Los Angeles Dodgers in 2012, the organization was quickly turned into a financial powerhouse. Money didn’t appear to be an issue nor a deterrent to upgrading the roster and Dodger Stadium alike.
In 2014 the Dodgers surpassed the New York Yankees for the highest payroll. It’s a position Los Angeles has since held, even with their efforts to trim away at the bloated salary number and rely more heavily on home-grown talent.
Now entering their fifth season under Guggenheim ownership, it was recently reported that the Dodgers must reduce debt in order to comply with the MLB guidelines.