McCourts Reach Settlement, Await Trial On Dodgers Ownership

Frank and Jamie McCourt “announced a divorce settlement Friday” that requires Frank “to win two crucial decisions to assure his continued ownership of the Dodgers.” The settlement is contingent upon MLB’s approval of a “long-term television contract that has been reached between the Dodgers and Fox.” If MLB rejects the deal, the “settlement would be voided and the parties would resume proceedings in divorce court.” Jamie McCourt has agreed “not to challenge the Fox contract.”

In addition, L.A. Superior Court Judge Scott Gordon will hold a one-day trial to “make a final determination of whether the Dodgers belong solely to Frank McCourt or whether the team should be considered community property.” If Gordon rules that the Dodgers “are community property, the McCourts would split their assets 50-50, which would almost certainly result in the sale of the team” (LATIMES.com, 6/17).