by Nate Wooley | April 25, 2013 11:35 am
The ex-wife of former Dodger’s owner Frank McCourt wants more money.
Jamie McCourt — whose divorce granted her $131 million dollars — says the baseball team was undervalued in the divorce agreement, ABC News reports.
McCourt has asked a judge in Los Angeles to revisit the divorce agreement in light of the fact that the team was sold — following the divorce — for $2.15 billion. That is, apparently, significantly more than it was valued at in the divorce paperwork. Since Jamie McCourt was entitled to half of the marital assets, she believes that her ex-husband owes her more money based on the price the team brought. That comes to roughly another $770 million.
The judge is hearing arguments about the case today. Neither Frank nor Jamie McCourt has made any public statements about the revived case.
Source URL: http://investorplace.com/2013/04/wife-claims-she-was-duped-out-of-770m-dodgers-money-in-divorce/
Short URL: http://invstplc.com/1foPREx
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.