Keyword: frankmccourt
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Don't you love it when liberals ridicule conservatives as idiots while said liberals do something idiotic? Yeah, it's one of my favorite hobbies too, one that guarantees an endless stream of amusing fodder. Latest example comes by way of Bill Press's radio show yesterday. Press, a former California Democratic Party chief and co-host of an earlier iteration of the cable show "Crossfire," was listening to his producer, Peter Ogburn, run through a daily news brief when this exchange could be heard (audio) -- OGBURN: Frank McCourt, the author Frank McCourt, you're familiar, right? PRESS: Why is your face red? OGBURN:...
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For the first time, Major League Baseball put a specific number on the amount it alleges Dodgers owner Frank McCourt took out of the team -- $189.16 million -- and described the distributions as "looting." However, amid the legal and financial fine points of the Dodgers' bankruptcy, Bryan Stow could emerge as a pivotal face in the case at a critical hearing next week. Stow won't be there, of course. But, with his representatives sitting on the official committee of creditors, attorneys for the Dodgers and the league are expected to cite Stow in their arguments in a Delaware courtroom....
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Los Angeles (CNN) -- The couple who bought the Los Angeles Dodgers seven years ago announced Monday they've agreed that the husband, Frank McCourt, will get the baseball team in their pending divorce. With the marital spat settled, McCourt still must persuade a judge to let him keep the team, which he placed into bankruptcy after Major League Baseball blocked him from signing a television deal to provide it with the cash needed to meet its payroll.
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Well, if you had Frank McCourt backing down from Bud Selig and slinking away from Dodger Stadium, you don’t know Frank. Given the news Monday that a $3 billion bailout wasn’t on its way, McCourt – through his lawyers – on Tuesday threatened lawsuits challenging Selig’s authority, Selig’s behavior and Selig’s game.
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Major League Baseball Commissioner Bud Selig on Monday rejected a proposed television contract between the Dodgers and Fox Sports, invalidating a divorce settlement between Frank and Jamie McCourt and all but challenging Frank McCourt to surrender the team or sue. Selig rejected the contract on the first business day after the McCourts announced a settlement contingent upon approval of that contract. What does it mean for the Dodgers? Selig did not strip Frank McCourt of ownership of the Dodgers. However, McCourt has said for months that approval of the Fox contract was critical for the Dodgers' financial health. It was...
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Yahoo!’s Tim Brown reports that Major League Baseball has notified Frank McCourt that it will not approve the Dodgers’ 17-year television deal with Fox. This will (a) put the kibosh on the McCourt’s divorce settlement, which hinged on the deal’s approval; and (b) all but ensure that the Dodgers won’t make their end of the month payroll. When that happens, baseball will likely seize and sell the Dodgers. The biggest question here: does Frank wait until that happens to sue, or does he sue now, claiming that Major League Baseball interfered with his ability to run his baseball team? My...
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Former Los Angeles Dodgers owner Frank McCourt has been engaged in a lengthy divorce case with soon-to-be ex-wife Jamie McCourt for quite some time. Now, the pair find themselves back in court, as TMZ reports that the embattled former owner is being sued for failing to pay the couple's hairdresser. According to court documents, David Mackey claims that the McCourts put him on a $300-a-day retainer to be their full-time hairdresser, regardless of whether he cut their hair or not.
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Baseball Commissioner Bud Selig says he will appoint a trustee to oversee the team's business affairs while investigating the 'operations and finances of the Dodgers and related entities.' Baseball Commissioner Bud Selig stripped Dodgers owner Frank McCourt of financial control of the club Wednesday, saying he would appoint a trustee to oversee the team's business affairs while investigating the "operations and finances of the Dodgers and related entities." Selig intervened after McCourt required a $30-million loan from Fox last week in order to meet the team's first payroll of the season. Selig said he would identify the trustee "in the...
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Bill Shaikin of the Los Angeles Times reports that Bud Selig will announce this afternoon that Major League Baseball is going to take over the financial operations of the Dodgers. UPDATE: Major League Baseball has just issued the following statement on behalf of Bud Selig: “Pursuant to my authority as Commissioner, I informed Los Angeles Dodgers owner Frank McCourt today that I will appoint a representative to oversee all aspects of the business and the day-to-day operations of the Club. I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to...
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Judge Orders Dodgers' Frank McCourt To Pay His Wife More Than $637,000 A Month In Spousal Support [Updated] May 7, 2010 A Los Angeles County Superior Court judge has ordered Dodgers owner Frank McCourt to pay his estranged wife, Jamie, $637,159 a month in temporary spousal support, plus lawyers' fees pending their divorce. The amount that Judge Scott Gordon decided upon falls short of the $988,845 that Jamie McCourt requested. More than half that requested amount ($568,829), her lawyers said, is needed to pay the costs, including mortgages, of seven homes and an eighth piece of property in Mexico that...
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Frank McCourt, a former New York City schoolteacher who turned his miserable childhood in Limerick, Ireland, into a phenomenally popular, Pulitzer Prize-winning memoir, Angela’s Ashes, died in Manhattan on Sunday.....
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Dodgers owner Frank McCourt unveiled plans today for a historic makeover of the club's 275-acre Dodger Stadium site in Chavez Ravine, describing new features designed to transform the ballpark into a year-round destination for dining, shopping and recreation that will be fan- and environment-friendly...
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