We Will Guide you

We will guide you step-by-step
through this difficult process.

Free Initial Consultation (866) 290-9292
blog home High-Profile Divorce McCourts Finally Agree on Divorce Settlement

McCourts Finally Agree on Divorce Settlement

By Sheryl Rentz on October 19, 2011

The contentious divorce between Frank and Jamie McCourt, and the subsequent fate of the Los Angeles Dodgers, has been widely publicized. Earlier this year, a post-nuptial agreement which stipulated that Frank McCourt gets sole ownership of the Dodgers in the event of a divorce was invalidated in court, extending the divorce battle. But now, with the impending Dodgers bankruptcy decision and approximately two years after they announced their separation, the McCourts have come to an agreement on the terms of their divorce after their initial settlement was nullified in June.

According to The Los Angeles Times, Jamie McCourt, who initially fought for half ownership of the Dodgers, agreed to turn the bankrupt team over solely to her ex-husband on the condition that she receive a settlement of approximately $130 million by next spring. If Frank McCourt has not paid Jamie the settlement by then, and is still in ownership of the team, he must sell the team to pay his ex-wife. Whether he stays in ownership remains to be seen, however.

Frank McCourt is currently battling with Bud Selig, Major League Baseball (MLB) Commissioner, in bankruptcy court over the potential sale of the team. If the court orders the sale of the Dodgers, then the first $130 million of net proceeds would go to Jamie McCourt if she has not been paid by that time. It is possible that the net proceeds would not be more than $130 million, which would leave Frank McCourt with nothing from the team’s sale.

Divorce is a difficult, emotionally charged process which becomes exponentially more stressful when the media becomes involved. Public marital assets, like a sports team, don’t make it any easier. High profile couples need a high profile divorce attorney who can help them get through their divorce discreetly and efficiently. If you are contemplating a high profile divorce in Pennsylvania, contact the experienced Delaware County high profile divorce lawyer Sheryl R. Rentz for a consultation at (866) 290-9292.

Related Articles:

We know your problems are unique & special.
Call us, we will listen.
866.290.9292


Contact Us

Our team is ready to help. Start off your case with a no-cost consultation by calling our office today at (866) 290-9292 or by completing the following form.


Law Office of Sheryl L. Rentz

326 W Lancaster Ave, Suite 100
Ardmore, Pennsylvania 19003

Phone: (610) 645-0100
Toll-free: (866) 290-9292
Fax: (610) 645-0111

Montgomery County Divorce Attorney Disclaimer: The divorce, visitation, child support, child custody, spousal support, or other family law legal information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer or attorney client relationship. Any results set forth here were dependent on the facts of that case and the results will differ from case to case. Please contact an attorney at our law firm office. This web site is not intended to solicit clients for matters outside of the State of Pennsylvania.

© 2019 Law Offices of Sheryl R. Rentz. Serving Chester County, Montgomery County, & all counties in Pennsylvania.

Website Design, SEO and Legal Internet Marketing by: SLS Consulting