Los Angeles Dodgers, Frank Mccourt | featured news

McCourt management of Dodgers under grand jury investigation

A federal grand jury is investigating possible criminal financial misconduct of the Dodgers and related entities during the ownership of Frank and Jamie McCourt, a person familiar with the matter told The Times.

 

Dodgers usher in new era of ownership

The Los Angeles Dodgers, one of the most successful franchises in Major League Baseball, ushered in a new era of ownership Wednesday while ending a dismal chapter of ownership under Frank McCourt, who baseball's commissioner described as "looting" the club of $190 million to fund an extravagant lifestyle.

 

Dodgers sold for nearly $1.6 billion in cash plus debt assumption, court records show

Magic Johnson

Guggenheim Baseball L.P. is paying $1,587,798,000 in cash and assuming debts of no more than $412,200,000 to buy the Dodgers from Frank McCourt, according to documents filed Friday afternoon in U.S. Bankruptcy Court.

 

Frank McCourt agrees to sell Dodgers

Frank McCourt agrees to sell Dodgers

Frank McCourt has agreed to sell the Dodgers, abruptly surrendering the team after fighting to retain it over two years and in two courts.

 

Frank McCourt is offered $1.2 billion for Dodgers

Frank McCourt is offered $1.2 billion for Dodgers

The all-cash bid comes from Bill Burke, founder of the L.A. Marathon, plus 'state-owned investment institutions of the People's Republic of China' and unidentified American investors, a letter sent to Frank McCourt says.

 

MLB objects to Dodgers bankruptcy financing

Major League Baseball is objecting to the bankruptcy filing by the Los Angeles Dodgers, accusing team owner Frank McCourt of siphoning off more than $100 million in club revenue and driving the Dodgers into a liquidity crisis....

 

McCourts reach settlement in Dodgers divorce case

McCourts reach settlement in Dodgers divorce case

Frank and Jamie McCourt have reached a divorce settlement, according to three people familiar with the case... The McCourts filed for divorce 20 months ago, one week shy of what would have been their 30th anniversary and the ownership of the Dodgers has been in limbo ever since.

 

Jamie McCourt is co-owner of Dodgers, judge rules

The decision denying Frank McCourt s claim to sole ownership of the team is not expected to immediately affect day-to-day operations.

 

Judge orders Dodgers' Frank McCourt to pay his wife more than $637,000 a month in spousal support

A Los Angeles County Superior Court judge has ordered Dodgers owner Frank McCourt to pay his estranged wife, Jamie, $637,159 a month in temporary spousal support, plus lawyers' fees pending their divorce.

 

Dodgers clinch NL West -- finally

Dodgers clinch NL West -- finally

They score five runs in the seventh inning to end losing streak and win the division again. On one side of the clubhouse, Frank McCourt was emptying a bottle of champagne over Manny Ramirez's head.

 

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