THIS IS BREAKING NEWS…
A judge in the divorce proceedings between the McCourts has ruled the Jamie McCourt will be granted partial ownership of the Los Angeles Dodgers with her former husband, Frank due to California’s community property law.
According to Molly Knight of ESPN the Magazine, the 100-page decision given to attorneys for both parties, Judge Scott Gordon found that the contract at the heart of the fight over the team was not valid or enforceable and that it must be set aside.
"The court finds that the marital property agreement is not a valid and enforceable agreement," Gordon wrote in his ruling. "The court orders that the marital property agreement is set aside."
Frank had been fighting to say that the 2004 document detailing how assets, such as their homes were to be shared, but the Dodgers were not to be shared and owned exclusively by the former husband.
The case could likely drag out in other legal proceedings, and the Dodgers will likely say that it does not impact how they will initially conduct day-to-day operations. It is unclear how the Dodgers would function in an acrimonious partnership between the former husband and wife.
The possibility that the Dodgers will now be sold becomes very real due to today’s ruling although that will ultimately be determined through any appeals process by Frank. Major League Baseball has declined comment on the ruling.
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, as well as a contributor to FanGraphs and Forbes SportsMoney. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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