Ownership of the LA Dodgers is Uncertain with McCourt Announcement of Separation

With the announcement of the marriage separation of Frank and Jamie McCourt, debate has arisen over the exact ownership of the Los Angeles Dodgers. Jamie McCourt’s lawyer, Dennis Wasser, claims that the Los Angeles Dodgers are community property, therefore, entitling Jamie McCourt to 50% ownership. Frank McCourt’s lawyer, Marshall Grossman, however, maintains that his client is the sole owner and has documents to support this claim.

While Wasser has not seen such documents, he believes they are irrelevant as he is certain that California community property law would apply and lead to a 50-50 ownership. One factor that could affect who has ownership of the Los Angeles Dodgers is the McCourts’ ownership of residential real estate. Each of the properties bought in the Los Angeles area were transferred from Frank McCourt’s name to that of Jamie McCourt. Some speculate that such transfers could mean that some agreement was established between the two.

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