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The Weekly reports that she's hired an investment banker, Joseph Ravitch, to gather a group of local investors to buy out her ex-husband's stake in the team. There's just one problem: Frank McCourt shows zero inclination to sell. On the contrary - his attorney issued a statement right after this morning's court ruling that says nothing has changed and that Jamie McCourt "has no rights to the team." Frankly, the judge's decision to throw out the McCourts' marital property agreement does little to resolve the dispute. If anything, it would seem to further complicate the legal tug-of-war. From the LAT:
Frank is expected to employ other legal strategies to dispute his ex-wife Jamie's claim to co-ownership of the Dodgers, and the team could be in legal limbo for several more years. Frank already has notified the court he wants to use a different legal strategy in another claim to sole ownership of the Dodgers, one based on the concept that he bought the team with a company he established before his marriage to Jamie.
All of which continues to fuel suggestions that Baseball Commissioner Bud Selig intervene, but that seems unlikely. While I suspect many of the league's owners loathe the McCourts, any intervention by Selig would set an uncomfortable precedent.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.