Return to main website

Husband gets Dodgers in McCourt divorce deal

October 17, 2011

Los Angeles (CNN) — The couple who bought the Los Angeles Dodgers seven years ago announced Monday they’ve agreed that the husband, Frank McCourt, will get the baseball team in their pending divorce.

With the marital spat settled, McCourt still must persuade a judge to let him keep the team, which he placed into bankruptcy after Major League Baseball blocked him from signing a television deal to provide it with the cash needed to meet its payroll.

“The terms of the settlement, which is already in effect, will remain private,” a joint statement from both McCourts said. “Jamie will be withdrawing her opposition to the Dodgers proposed sale of media rights and instead will be filing papers in support of the process proposed by the Dodgers.”

The $3 billion television deal with Fox Sports was the centerpiece of an early divorce settlement that fell through when Major League Baseball Commissioner Bud Selig blocked the deal, saying he couldn’t approve one “structured to facilitate the further diversion of Dodgers assets for the personal needs of Mr. McCourt.”

The bankruptcy could force the team to be sold to pay off debts, something Selig has advocated.

Article: CNN