Frank McCourt Agrees to Pay Jamie McCourt a Divorce Settlement Worth $131M
Frank McCourt, Los Angeles Dodgers owner, would have to pay his estranged wife and former LA Dodgers CEO Jamie McCourt $131 million as part of their divorce settlement.
The amount which Frank have to be paid in cash (tax-free) before the end of April next year is part of agreement signed by the former couple in October.
Another part of the settlement is that Jamie will retain two beachfront homes in Malibu, a house in Holmby Hills and a condominium in Vail.
Frank, meanwhile, will get to keep two homes in Massachusetts.
The amount which Frank have to be paid in cash (tax-free) before the end of April next year is part of agreement signed by the former couple in October.
Another part of the settlement is that Jamie will retain two beachfront homes in Malibu, a house in Holmby Hills and a condominium in Vail.
Frank, meanwhile, will get to keep two homes in Massachusetts.