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McCourt settlement discussions to resume

Negotiations to settle the divorce case between Frank and Jamie McCourt are expected to resume this week, according to sources on both sides. 

In any settlement, Frank would be expected to retain control of the Dodgers and Jamie would be expected to bow out. The McCourts had negotiated before the divorce trial began Aug. 30, but they were hundreds of millions of dollars apart.

The parties had put off further discussions until testimony had been heard from each of the McCourts and from Larry Silverstein, the attorney who negotiated the now-disputed agreement that Frank says gives him sole control of the Dodgers. Jamie claims that the agreement should be invalidated and that she is a co-owner.

The McCourts have concluded their testimony. Silverstein is expected to conclude his testimony Wednesday or Thursday.

Each party would take a significant risk by letting the matter be decided by Los Angeles Superior Court Judge Scott Gordon. If Gordon were to rule in Frank's favor, Jamie would receive not a penny from a team that makes hundreds of millions in revenue every year. If Gordon were to rule in Jamie's favor, Frank would risk losing control of a team he says he hopes to pass on to his sons.

-- Bill Shaikin

 
Comments () | Archives (9)

The comments to this entry are closed.

Dear LA:
What a pathetic showing by your once stellar baseball franchise.
For heavens sake - win a frickin game already!
The entire world is fed up with your JV squad and lame, unprofessional showing as this season winds down.
I guess it is team like fan base.
Show up late - leave early.
BEAT THE PADRES AND SHOW SOME BALLS
kdb

This might be the final straw in driving me to the Angels.

The McCourts need to know that the fans, the city, and, I think secretly, the players and the coaches have no confidence in their ownership. And the thought of the team remaining in the family makes one think of becoming an Angel fan. The only way they will receive the message is to stay away from Dodgers Stadium for the rest of the year. No fans equals lower profit equals less money for the McCourts bleed from the club.

I have to wonder where is the MLB on this embarrassment?! I understand that MLB can't force a sale but they can apply pressure on the McCorrupts to sell. But it appears that Mr. Selig is proving again that he is the do-nothing
commissioner.

The McCourts need to know that the fans, the city, and, I think secretly, the players and the coaches have no confidence in their ownership. And the thought of the team remaining in the family makes one think of becoming an Angel fan. The only way they will receive the message is to stay away from Dodgers Stadium for the rest of the year. No fans equals lower profit equals less money for the McCourts bleed from the club.

I have to wonder where is the MLB on this embarrassment?! I understand that MLB can't force a sale but they can apply pressure on the McCorrupts to sell. But it appears that Mr. Selig is proving again that he is the do-nothing
commissioner.

Goin' down Frankie baby... goin' down!

Ja-mie! Ja-mie! Ja-mie!

Out of 7 million people in the southern California basin...there are three who go to bed (separately) every night praying the McCourts remain owners of the Dodgers.

(1) Frank McCourt (2) Jamie McCourt (3) Arte Moreno

skyharbor I disagree with your statement, there are 4 people who are praying the McCourts remain the owners.

1. Frank McCourt
2. Jamie McCourt
3. Jeff the body guard/driver/lover
4. Arte Moreno

I hate the McCourts. A lot.

Typical Gnats fan - 'We can't get it done without help'.


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