LOS ANGELES (AP) — The ex-wife of former Los Angeles Dodgers owner Frank McCourt wants to set aside the couple's divorce settlement, claiming he vastly understated the value of a team that sold earlier this year for $2 billion, the highest figure ever paid for a pro sports franchise.
Jamie McCourt's attorney, Bertram Fields, told The Associated Press that she "thought very long and very hard about whether to file this motion" but that after other means failed, she returned to court.
"Mr. McCourt got about 93 percent of the family assets, and Mrs. McCourt got about 7 percent," Fields said in a phone interview late Tuesday. "We would've much preferred to have this massive imbalance resolved with some modification, but we got no response to that approach. We didn't want to have more family litigation, but now it's up to the court."
The motion filed Monday in Los Angeles Superior Court claims Frank McCourt committed fraud by misrepresenting the couple's Dodgers assets as worth less than $300 million during their protracted divorce.
The pair's marriage was dissolved in October 2010, and Jamie McCourt received $131 million. The new court papers claim that after the sale and subtraction of relevant debts, Frank McCourt's assets turned out to be worth $1.7 billion, well over 10 times the amount Jamie McCourt received.
The motion claimed that even if Frank McCourt's figures were the result of mistakes rather than fraud, the settlement should be tossed out on the basis of the errors.
Drive Your Car on Water + Gas. Convert your car today for only $67.00.