When occured: 
Fri, 2011-06-17

 Los Angeles Dodgers owner Frank McCourt and his wife Jamie reach a divorce settlement that will determine the fate of the team. A judge will decide at a one-day trial on August 4th whether the team is the sole property of Frank McCourt, as he claims, or community property of the former couple, as his wife pretends. If the ruling is the latter, the property will be split 50-50 between the two estranged spouses, forcing the sale of the team. But even if Frank McCourt's claim is upheld, his shaky financial situation, including an expected $100 million payment he is likely to be ordered to make to Jamie, could also result in the team's sale. The divorce settlement will become null three days later when Commissioner Bud Selig rejects a proposed television deal with Fox Sports on whose execution the settlement was based.


More From Around the Web

Sponsored Links

This day in baseball history

August 31

  • 1992

    On August 31, 1992, the Oakland A’s and Texas Rangers anno ...

  • 1990

    Ken Griffey Jr. and Ken Griffey Sr. become the first father ...

  • 1990

    the Houston Astros complete one of franchise's best trades e ...

More Baseball History

Player Profile

Al Weis

2B, Chicago White Sox

Read Bio
Hall of Fame

Jim Rice

DH, Boston Red Sox

Read Bio
Season Profile

1985 Detroit Tigers

Because the Tigers g

Read Bio
Historical Figure

Benny Looper


Read Bio
Manager Profile

Chick Stahl

Boston Braves

Read Bio
Ballpark Profile

Target Field

Target Field is a baseball

Read Bio
Bud Selig, Frank McCourt, Los Angeles Dodgers


Login or register to post comments

Stay Connected

Share |

Today's Poll

Will Red Sox Repeat in 2014: