McCourt Divorce Trial
Frank and Jamie McCourt have been owners of the Los Angeles Dodgers since January 2004, when Frank McCourt purchased controlling interest of the team from News Corp. for $430 million. As chairman, Frank McCourt named Jamie McCourt president of the franchise in August 2005 and chief executive officer in March 2009. On Oct. 14, 2009, the McCourts announced that they were separating, and on Oct. 22, 2009, Frank McCourt fired his estranged wife from her position as CEO. On Oct. 27, 2009, Jamie McCourt filed for divorce.
On Nov. 23, 2010, Judge Scott Gordon granted a request to officially change the McCourts' marital status to divorced, though the proceedings to divide their shared assets were still ongoing. Two weeks later, Gordon granted Jamie McCourt's request to throw out the marital property agreement that gives her ex-husband sole ownership of the team, leaving the divorced couple as the co-owners of the Dodgers. On June 17, 2011, the two sides announced a settlement, that will involve having a one-day trial to determine if the title for the Dodgers goes to Frank McCourt or whether the team should be deemed community property.
Major League Baseball took over operations of the Dodgers on April 20, 2011.
DODGERS OWNERSHIP HISTORY
|2004-present||Frank and Jamie McCourt|
|1938-1944||Dearie and James Mulvey|