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(LA Times)   Former Dodger owner Frank McCourt's ex-wife says her acceptance of $131 million settlement was a "huge mistake". As opposed to the O'Malley's huge mistake of selling the team and letting the McCourts eventually become the owners   (latimes.com) divider line 57
    More: Followup, Frank McCourt, Jamie McCourt, Los Angeles Superior Court, owners  
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1538 clicks; posted to Sports » on 22 Apr 2013 at 9:37 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-04-22 08:13:09 AM
The team seems to be in good hands now.

Now if MLB could just get Loria out of Miami...
 
2013-04-22 09:39:16 AM
There was nothing wrong with O'Malley selling the team. There was everything wrong with MLB allowing McCourt to buy the team.
 
2013-04-22 09:39:20 AM
IANAL, but "This deal didn't work out in my favor" isn't really a reason to void a contract
 
2013-04-22 09:42:07 AM
Frank McCourt is why people hate the rich.
 
2013-04-22 09:47:19 AM
Since McCourt litigates every piece of his business deals, he'll be happy to litigate this one too.
 
2013-04-22 09:54:58 AM

SilentStrider: Now if MLB could just get Loria out of Miami...


Apparently, Loria and Selig are buddy-buddy, for whatever reason. Jeff can pretty much do whatever he wants short of intentionally blowing up the stadium with all 10 remaining fans inside, and Bud will just shrug his shoulders and go back to implementing stupid All-Star Game rules.
 
2013-04-22 10:19:23 AM
She's not exactly stupid... and has a law degree.  There's no crying in baseball...and no do-overs.
 
2013-04-22 10:21:15 AM

you have pee hands: Frank McCourt is why people hate the rich.


Besides, Angela's Ashes was a b*llshiat, made-up memoir.
 
2013-04-22 10:27:58 AM

Joe_diGriz: SilentStrider: Now if MLB could just get Loria out of Miami...

Apparently, Loria and Selig are buddy-buddy, for whatever reason. Jeff can pretty much do whatever he wants short of intentionally blowing up the stadium with all 10 remaining fans inside, and Bud will just shrug his shoulders and go back to implementing stupid All-Star Game rules.


Bud was a cheapskate owner, too.
 
2013-04-22 10:34:09 AM

bhcompy: Joe_diGriz: SilentStrider: Now if MLB could just get Loria out of Miami...

Apparently, Loria and Selig are buddy-buddy, for whatever reason. Jeff can pretty much do whatever he wants short of intentionally blowing up the stadium with all 10 remaining fans inside, and Bud will just shrug his shoulders and go back to implementing stupid All-Star Game rules.

Bud was a cheapskate owner, too.


Bud didn't own one of the most storied franchises in the world either.
 
2013-04-22 10:36:20 AM

MFAWG: bhcompy: Joe_diGriz: SilentStrider: Now if MLB could just get Loria out of Miami...

Apparently, Loria and Selig are buddy-buddy, for whatever reason. Jeff can pretty much do whatever he wants short of intentionally blowing up the stadium with all 10 remaining fans inside, and Bud will just shrug his shoulders and go back to implementing stupid All-Star Game rules.

Bud was a cheapskate owner, too.

Bud didn't own one of the most storied franchises in the world either.


Neither does Loria?

/McCourt is a different conversation
//Bud recognized that McCourt was a mistake after the fact
 
2013-04-22 10:40:33 AM

Lost Thought 00: IANAL, but "This deal didn't work out in my favor" isn't really a reason to void a contract


But "the other side deliberately misled the court about the value of their assets" absolutely is.
 
2013-04-22 10:44:00 AM
She sounds like a gold-bricker.
 
2013-04-22 10:44:40 AM
There isn't enough fire in Hell to burn these two enough.
 
2013-04-22 10:47:32 AM
Anybody with half a brain should have an idea of how much a baseball team is worth.  They post estimated value for every team in a yearly Forbes issue.  She wanted the guarantee of getting almost half of the estimates, and now she wants to go back for more.  What a waste of the courts time.
Seriously, she can't get by on 131 million?  She needs 200 million?

There is way too much vindictiveness in divorce proceedings already.  Just let the money go, and get on with your much better than the average person's life.
 
2013-04-22 10:49:11 AM
How much farking money do you need?
 
2013-04-22 10:54:05 AM
Having a law degree does not exempt you from stupidity. Having met her and talked with her, I will tell you, she has no understanding of the world around her, only what she perceives it to be. She is so disconnected from the actual workings of life that it is a wonder she doesn't accidentally kill herself everyday.

Frankly, the fact she thought the Dodgers weren't worth hundreds of billion goes to show how mind-numbingly dull she is. As a lawyer, how do you lowball the value of a sports team like the Dodgers by billions upon billions of dollars?

Remember, Orly Taitz was also a lawyer...
 
lmb
2013-04-22 10:54:37 AM
When the O'Malley's sold the Dodgers to Rupert Murdoch, that started a decade-long slide of mediocrity. McCourt took them over the edge. As a life-long Dodger fan I hope these new owners can steer the franchise in the right direction. I want them to develop their minor league system, not just throw money at the top free agents.
 
2013-04-22 10:59:06 AM
This belongs on the Entertainment thread.
 
2013-04-22 11:13:46 AM

dkimball: She's not exactly stupid... and has a law degree.  There's no crying in baseball...and no do-overs.


Meh. Lawyers don't know a thing about valuing business transactions (they typically hire outside consultants for that... I know: I used work for a consulting company that did a lot of that). Now if she only had an MBA from someplace like MIT...
 
2013-04-22 11:14:54 AM
Getting paid $131M to be an annoying selfish rich biatch isn't "a mistake" it's a windfall.
 
2013-04-22 11:17:46 AM

Lost Thought 00: IANAL, but "This deal didn't work out in my favor" isn't really a reason to void a contract


An ex-wives sense of entitlement has no end.
 
2013-04-22 11:21:34 AM
As badly as the McCourts have farked up the team, she should consider herself lucky to get that much.  But greedy evil people never change.
 
2013-04-22 11:22:05 AM
I know nothing about the McCourts, but was the wife instrumental in the purchasing/building up of the Dodgers brand?

FTA: The McCourts had to wait to be heard Friday so that Kim Kardashian could affirm a divorce settlement in the same courtroom.

Should've nuked the site from orbit.
 
2013-04-22 11:28:13 AM

PapaChester: Remember, Orly Taitz was also a lawyer


As is Fred Phelps.
 
2013-04-22 11:47:08 AM

PsyLord: I know nothing about the McCourts, but was the wife instrumental in the purchasing/building up of the Dodgers brand?


They did everything they could to fark up the brand but pro sports teams are the ultimate toy for the uber-rich so they were unable and ended up making hundreds of millions in the sale anyway.
 
2013-04-22 11:51:21 AM

Marcus Aurelius: An ex-wives sense of entitlement has no end.



THIS^^^^^


My best friend's ex is the worst piece of work you could imagine (not including prostituting the kids to perverts--that would be worse).

His best ploy was to let her think she was hiding the cohabitation with the new guy so he could collect the evidence he needed to stop alimony.  While he was doing this, he tricked her into loaning him money due to his "cash flow" issues.  He then turned around and paid the alimony from the loan.

This went on for six months, and when he went to court the judge agreed with all the evidence.  When she complained about the loan, the judge reminded her the cohabitation started months ago, not on that particular hearing date. The alimony paid over six months added up to the loan, so everything was even-steven.

He said the look on her face was worth the shiatty marriage she created.

/He had the money all along, and now she's faced with moving out of her rented house to an apartment.
 
2013-04-22 11:51:51 AM

Lost Thought 00: IANAL, but "This deal didn't work out in my favor" isn't really a reason to void a contract


Not quite on topic, but I laugh to myself every time I read a farker saying "IANAL".
 
2013-04-22 11:54:52 AM

bhcompy: MFAWG: bhcompy: Joe_diGriz: SilentStrider: Now if MLB could just get Loria out of Miami...

Apparently, Loria and Selig are buddy-buddy, for whatever reason. Jeff can pretty much do whatever he wants short of intentionally blowing up the stadium with all 10 remaining fans inside, and Bud will just shrug his shoulders and go back to implementing stupid All-Star Game rules.

Bud was a cheapskate owner, too.

Bud didn't own one of the most storied franchises in the world either.

Neither does Loria?


I read MFAWG's statement more as "Just like Loria, Bud owned one of the less-storied franchises in MLB. It was written in a confusing manner, so I might be wrong as well.
 
2013-04-22 11:58:09 AM

PapaChester: Frankly, the fact she thought the Dodgers weren't worth hundreds of billion goes to show how mind-numbingly dull she is. As a lawyer, how do you lowball the value of a sports team like the Dodgers by billions upon billions of dollars?


Didn't it sell for 2 billion, not hundreds of billions?

encrypted-tbn3.gstatic.com

/skrame triple post in play
/sorry; I should read the thread first and combine my replies to one post... but here we are.
 
2013-04-22 12:41:47 PM

fickenchucker: While he was doing this, he tricked her into loaning him money


So, he basically committed criminal fraud and you have now admitted to it? To me it sounds like the two asswipes deserved each other and both deserve to die alone.
 
2013-04-22 12:48:00 PM

iamskibibitz: dkimball: She's not exactly stupid... and has a law degree.  There's no crying in baseball...and no do-overs.

Meh. Lawyers don't know a thing about valuing business transactions (they typically hire outside consultants for that... I know: I used work for a consulting company that did a lot of that). Now if she only had an MBA from someplace like MIT...


This is one of those cases where I think 50/50 is what's fair.
 
2013-04-22 12:53:13 PM

CheatCommando: fickenchucker: While he was doing this, he tricked her into loaning him money

So, he basically committed criminal fraud and you have now admitted to it? To me it sounds like the two asswipes deserved each other and both deserve to die alone.


1.  It's not criminal fraud.
2.  My opinion of his actions is not admitting to anything.
3.  "Deserved each other"?  He a friend, not a SO.
4.  Doubtful.  I've been married 22 years.  He's got a new girlfriend.
5.  Giving her financial pain now is payback.  She opened charge cards behind his back and spent like a drunken sailor, stole his prescriptions for recreational highs, borrows money from her kids without paying it back, and farked around during the proceedings, making him pay for the bikini-waxing. The kids are counting the days they can petition the courts to come live with him full time.
 
2013-04-22 01:06:44 PM
well, he sure wrote some sad books about poverty.
 
2013-04-22 01:33:16 PM

fickenchucker: CheatCommando: fickenchucker: While he was doing this, he tricked her into loaning him money

So, he basically committed criminal fraud and you have now admitted to it? To me it sounds like the two asswipes deserved each other and both deserve to die alone.

1.  It's not criminal fraud.
2.  My opinion of his actions is not admitting to anything.
3.  "Deserved each other"?  He a friend, not a SO.
4.  Doubtful.  I've been married 22 years.  He's got a new girlfriend.
5.  Giving her financial pain now is payback.  She opened charge cards behind his back and spent like a drunken sailor, stole his prescriptions for recreational highs, borrows money from her kids without paying it back, and farked around during the proceedings, making him pay for the bikini-waxing. The kids are counting the days they can petition the courts to come live with him full time.


None of what you list in 5 justifies committing fraud, but thanks for playing anyway. If what you state is indeed true, then the place to handle this is the courts, not via some tribal notion of payback.
 
2013-04-22 01:37:12 PM

you have pee hands: Frank McCourt is why people hate the rich.


This.

Trocadero: There isn't enough fire in Hell to burn these two enough.


That.
 
2013-04-22 01:44:17 PM

PapaChester: Having a law degree does not exempt you from stupidity. Having met her and talked with her, I will tell you, she has no understanding of the world around her, only what she perceives it to be. She is so disconnected from the actual workings of life that it is a wonder she doesn't accidentally kill herself everyday.

Frankly, the fact she thought the Dodgers weren't worth hundreds of billion goes to show how mind-numbingly dull she is. As a lawyer, how do you lowball the value of a sports team like the Dodgers by billions upon billions of dollars?

Remember, Orly Taitz was also a lawyer...


During their divorce and the Dodger sale wasn't it being reported that the Dodgers were worth 1.5 - 2 billion? Her saying that she didn't know how much the Dodgers were worth or that she was deceived is ridiculous.

My guess is that the sale was taking too long and she was in need of money so she took the settlement and now she has run through that money and wants more. She sounds like my cousins ex wife. While they were married he was working a job and trying to get his business off the ground. His ex got tired of waiting for the money to come in and left him. About a year after the divorce was final his business took off and he started making a lot of money and she tried to sue him claiming that she had claim to half of the business, even though in the divorce settlement she gave up any claim to the business in return for most of their joint money.
 
2013-04-22 02:23:16 PM

CheatCommando: If what you state is indeed true, then the place to handle this is the courts, not via some tribal notion of payback.



The courts can only do so much.  Being very crafty with someone who's greedy, dumb, and short-sighted is not only appropriate, it's fun.

A few years from now, when the kids age out, she'll either be on welfare or in a loveless marriage bleeding some other guy dry on her way to another divorce. I would bet $1,000 her long term future is welfare one way or another.

My friend makes over $150k, and it will be great to see her embarrassed and raggedy existence at his kids' graduations and weddings.
 
2013-04-22 02:29:51 PM

bdub77: you have pee hands: Frank McCourt is why people hate the rich.

Besides, Angela's Ashes was a b*llshiat, made-up memoir.


Say it ain't so!
 
2013-04-22 02:35:38 PM

abhorrent1: How much farking money do you need?


my thought exactly.  i guess 131 mil didn't quite cut it.
 
2013-04-22 02:44:58 PM
Has there ever been a sports owner worse than Frank McCourt? Before you give me Loria or Modell tell me if they hired a Russian mystic to watch games on TV to send their teams positive energy.
 
2013-04-22 02:49:49 PM
Josh Fisher's dodgerdivorce.com used to be great reading.  He hasn't updated it in more than six months and it is kind of too bad because there are probably other sordid details to this story.
 
2013-04-22 04:01:24 PM

Foxxinnia: Has there ever been a sports owner worse than Frank McCourt? Before you give me Loria or Modell tell me if they hired a Russian mystic to watch games on TV to send their teams positive energy.


The sad thing is that the Dodgers on-field success during the McCourt era was the best since the 80s.  4 playoff appearances (3 NL west titles and 1 wild card) including back to back trips to the NLCS.

I think as far as LA Dodgers history go, as much of a schmuck as McCourt was, the title for worst owner goes to Fox.  They traded Piazza (though folks do forget that Sheffield was a beast in LA), made a grand total of zero playoff appearances, and totally decimated the farm system (the best player in the system was Beltre and he was signed in '94).

All that said, I'm fairly convinced that if McCourt would have retained control of the team that the Dodgers would have been headed for some really dark days.  He might not have been the worst, but he was poised to lap Fox in short order.

Plus, he was a scumbag.
 
2013-04-22 04:42:46 PM
So 'Tis.
 
2013-04-22 04:57:44 PM

ongbok: My guess is that the sale was taking too long and she was in need of money so she took the settlement and now she has run through that money and wants more. She sounds like my cousins ex wife. While they were married he was working a job and trying to get his business off the ground. His ex got tired of waiting for the money to come in and left him. About a year after the divorce was final his business took off and he started making a lot of money and she tried to sue him claiming that she had claim to half of the business, even though in the divorce settlement she gave up any claim to the business in return for most of their joint money.



Eeerliy same story as the one I was referencing in my other posts.  My buddy has the ability to make money, and his ex does not.  She's constantly trying to weasel more out of him.  He's doing well now and is probably going to surpass $200,000 in a few years.

She just got fired from her secretary job at a travel agency.
 
2013-04-22 05:28:44 PM

fickenchucker: Marcus Aurelius: An ex-wives sense of entitlement has no end.


THIS^^^^^


My best friend's ex is the worst piece of work you could imagine (not including prostituting the kids to perverts--that would be worse).

His best ploy was to let her think she was hiding the cohabitation with the new guy so he could collect the evidence he needed to stop alimony.  While he was doing this, he tricked her into loaning him money due to his "cash flow" issues.  He then turned around and paid the alimony from the loan.

This went on for six months, and when he went to court the judge agreed with all the evidence.  When she complained about the loan, the judge reminded her the cohabitation started months ago, not on that particular hearing date. The alimony paid over six months added up to the loan, so everything was even-steven.

He said the look on her face was worth the shiatty marriage she created.

/He had the money all along, and now she's faced with moving out of her rented house to an apartment.


Sounds like your best friend isn't the most shining example of an exemplary person either.
 
2013-04-22 05:31:30 PM

PapaChester: Having a law degree does not exempt you from stupidity. Having met her and talked with her, I will tell you, she has no understanding of the world around her, only what she perceives it to be. She is so disconnected from the actual workings of life that it is a wonder she doesn't accidentally kill herself everyday.

Frankly, the fact she thought the Dodgers weren't worth hundreds of billion goes to show how mind-numbingly dull she is. As a lawyer, how do you lowball the value of a sports team like the Dodgers by billions upon billions of dollars?

Remember, Orly Taitz was also a lawyer...


I'd be interested in knowing more on your interactions with her.
 
2013-04-22 06:16:55 PM

ladodger34: Foxxinnia: Has there ever been a sports owner worse than Frank McCourt? Before you give me Loria or Modell tell me if they hired a Russian mystic to watch games on TV to send their teams positive energy.

The sad thing is that the Dodgers on-field success during the McCourt era was the best since the 80s.  4 playoff appearances (3 NL west titles and 1 wild card) including back to back trips to the NLCS.

I think as far as LA Dodgers history go, as much of a schmuck as McCourt was, the title for worst owner goes to Fox.  They traded Piazza (though folks do forget that Sheffield was a beast in LA), made a grand total of zero playoff appearances, and totally decimated the farm system (the best player in the system was Beltre and he was signed in '94).

All that said, I'm fairly convinced that if McCourt would have retained control of the team that the Dodgers would have been headed for some really dark days.  He might not have been the worst, but he was poised to lap Fox in short order.

Plus, he was a scumbag.


The Giants never won the World Series while Fox owned the Dodgers. That alone makes McCourt worst owner in LA Dodgers history.
 
2013-04-22 06:44:24 PM

gwowen: Lost Thought 00: IANAL, but "This deal didn't work out in my favor" isn't really a reason to void a contract

But "the other side deliberately misled the court about the value of their assets" absolutely is.


I'm sure that if the Dodgers sold for less than the expected price, she would have been fine with giving back a portion of the settlement, right? No? Then she should STFU.
 
2013-04-22 07:52:14 PM
That poor, downtrodden woman.

What kind of Job CreatorTM is she supposed to be with a mere $!31 million? This is the greatest hardship any human being has faced since Mitt and Ann Romney had to live off stock dividends when they were young.

This is an outrage.
 
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