A judge denied a motion Monday by former Dodgers CEO Jamie McCourt to throw out a $131 million divorce settlement that she argued was invalid because she believes she was misled about the value of the team that was later sold for $2 billion.
Los Angeles Dodgers owner Frank McCourt must pay his former wife and ex-team CEO Jamie McCourt $131 million by the end of April as part of their divorce settlement, according to a binding settlement filed Thursday.
Los Angeles Dodgers general manager Ned Colletti conceded on Wednesday that the figure for his payroll could change in the wake of a divorce settlement reached earlier this week between Frank and Jamie McCourt.
Frank and Jamie McCourt have reached a settlement in a costly and nasty feud over control of the Los Angeles Dodgers, paving the way for a showdown in bankruptcy court between the embattled team owner and Major League Baseball.
Settlement talks resumed Thursday in the divorce case of Jamie and Frank McCourt involving ownership of the Los Angeles Dodgers after a judge ruled a postnuptial marital agreement they signed was invalid.