Judge rejects tossing McCourt divorce settlement
Former Los Angeles Dodgers CEO Jamie McCourt's attempt to have her $131 million divorce settlement thrown out was rejected by a California judge on Monday.
McCourt failed to convince Superior Court Judge Scott Gordon that her ex-husband, former Dodgers owner Frank McCourt, defrauded her into accepting the settlement before he sold the team for $2 billion.
Jamie McCourt didn't present enough credible evidence to prove that her ex-husband misled her about the team's value, according to multiple reports. She argued that Frank McCourt knew the true value of the team and that the divorce settlement should have been worth another $770 million.
Six months after agreeing to the divorce settlement, Frank McCourt sold the team through bankruptcy court auction for $2.15 billion to a group that includes former Los Angeles Lakers star Earvin "Magic" Johnson, longtime baseball executive Stan Kasten and movie producer Peter Gruber.
Jamie McCourt said that if she knew the team was worth that much she never would have agree to the $131 million tax-free settlement, that included several luxury houses.
