Dodgers owners settle divorce case
By QMI Agency
|Dodgers owner Frank McCourt and ex-wife Jamie McCourt. (Reuters file photos)
Jamie McCourt has relinquished her claim on the Los Angeles Dodgers as part of a divorce settlement with Frank McCourt which will net her $130 million, the Los Angeles Times reports.
The McCourts announced Monday that they resolved their divorce case, ending a feud that had complicated the Major League Baseball team's bankruptcy proceedings.
Jamie McCourt, who had opposed the proposed sale of the Dodgers' media rights, will now support the process.
The club, which filed for bankruptcy in June, wants to hold an auction of its broadcast rights, saying this can help refinance the team. That would also enable Frank McCourt to hold on to the team after the bankruptcy. It's reported he will need the TV money in order to pay his ex-wife the $130 million.
MLB has opposed the auction and questioned Frank McCourt's spending, launching a legal battle to control the bankruptcy process.
The McCourts had piled up $20.6 million in legal bills relating to the divorce through July, according to court filings, the Times said.