The High-Stakes Legal Battle Between Frank and Jamie McCourt Over Ownership of the Los Angeles Dodgers
The McCourt case refers to a high-profile legal battle between Frank and Jamie McCourt, a former couple who were the co-owners of the Los Angeles Dodgers baseball team. The case centered on the division of assets and ownership of the team following the couple's divorce in 2009.
Frank McCourt, the former owner of the Dodgers, had purchased the team in 2004 for $185 million. He and his wife, Jamie, had co-owned the team together, with Frank serving as the controlling owner. However, after their divorce, the couple disagreed over the ownership structure of the team and the division of assets.
Jamie McCourt claimed that she was entitled to half of the team's assets, including a 25% stake in the Dodgers, while Frank argued that she had no claim to the team's assets. The case went to court, and in 2012, a judge ruled in favor of Frank, stating that Jamie had no legal claim to the team's assets.
The McCourt case was highly publicized and attracted significant media attention due to the high stakes involved and the drama surrounding the divorce and ownership dispute. It ultimately resulted in a settlement between the couple, with Frank retaining ownership of the Dodgers and Jamie receiving a significant financial payout.