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McCourts have settlement talks, fail to reach agreement

June 8, 2011 |  6:11 pm

Frank6 Frank and Jamie McCourt held four hours of settlement talks on Wednesday without reaching an agreement. The two sides are scheduled to resume discussions on Monday.

Los Angeles Superior Court Judge Scott Gordon asked the McCourts and their attorneys not to comment on the settlement talks. Gordon, who is overseeing the couple's divorce, held an initial round of settlement discussions on May 26.

Frank McCourt, the Dodgers' owner, would not say whether he has secured the funds to make the team's June 15 payroll. He required a personal loan to make the Dodgers' first three payrolls of the season and cash advances to meet the most recent payroll on May 31.

He has been trying to stay afloat until a June 22 hearing at which he has asked Gordon to rule that Jamie McCourt, his ex-wife, has no standing to object to a proposed long-term television contract with Fox. If Jamie McCourt has no say, then Frank McCourt believes Commissioner Bud Selig should have no reason not to approve the contract.

Selig has said he would make no decision on the contract until the completion of an investigation into the Dodgers' finances, which all parties hope can be concluded by that June 22 hearing. At that hearing, Gordon also will consider Jamie McCourt's motion that he order the immediate sale of the Dodgers.

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-- Bill Shaikin

Photo: Frank McCourt. Credit: Allen J. Schaben / Los Angeles Times

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