Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
SBD/March 23, 2012/Franchises
Steven Cohen Seen As "Clear-Cut Favorite" In Bidding For Dodgers' Ownership
Published March 23, 2012
DIVORCE COURT: BLOOMBERG BUSINESSWEEK’s Steven Church noted the Dodgers are “seeking dismissal of Jamie McCourt’s $131 million claim, saying owner Frank McCourt must pay his ex-wife.” Court records show that the McCourts signed a divorce settlement “requiring Frank to give Jamie $131 million by April 30 or sell team assets to make the payment.” The Dodgers in a filing on Thursday in U.S. Bankruptcy Court in Wilmington, Delaware, said that since the team “isn’t a party to the settlement, it cannot be forced to pay Jamie.” Jamie McCourt had “filed a so-called proof of claim in the bankruptcy case, demanding that the team pay her $131 million” (BLOOMBERG BUSINESSWEEK, 3/22).