Dodgers’ Owner and Chief Executive Still Sift Through Divorce
While questions about the Dodgers’ future still abounds, there is still much uncertainty regarding what will happen for owner Frank McCourt and chief executive Jamie McCourt. According to a latimes.com article, there has been much “buzz” in the media over how Frank allegedly fired Jamie and “branded her with a scarlet letter”. Another big issue in the divorce filings relates to the large annual expenses that Jamie is saying she needs to maintain the lifestyle of a baseball owner. While no one can really blame the questionable ownership of the Dodger franchise for the team’s performance in the National League Championship Series, this separation emphasizes the many challenges a divorce may create.
Similar to the McCourts, some married couples experience long-term tension that is often difficult to hide from close friends and family, and especially children. The couple formally closed the purchase of the Dodgers from News Corp. in January 2004 for approximately $430 million. Although there has been no word on whether the McCourts will sell the franchise as a means of dividing their assets, such an option is one that they may explore. However, based on the report, Frank claims that the Dodgers belong to him and him alone, while Jamie claims that she owns part of the team.
When a couple decides to file for divorce, some of the main legal issues that arise circulate mostly around child custody and finances. According to the article, considering that Jamie and her estranged husband collected “in salary and/or distributions” between $7 million and $8 million a year, division of property and assets, and spousal support may definitely become an issue of concern for both parties.
Going through a divorce in Philadelphia does not have to turn your life upside down. At the Law Offices of Sheryl R. Rentz, our skilled Pennsylvania divorce lawyers have helped many clients obtain the amount of spousal and child support that they need. Our experienced family law attorneys have the legal knowledge and resources to assist you either through settlement or through court proceedings, based on what is best for your particular case. For more information on how the Law Offices of Sheryl R. Rentz can assist you through your divorce or any other family law matter, please call 610-645-0100 today for a free consultation.