Posts Tagged ‘Frank McCourt’

DODGERS OWNER CALLS EX-WIFE A “LOSER”

August 20, 2010

(L-R)Owner Frank McCourt, manager Joe Torre, owner Jamie McCourt of the Los Angeles Dodgers and Think Cure president Janet Clayton escort the Dodgers and the Boston Red Sox into the Los Angeles Memorial Coliseum before the game on March 29, 2008 in Los Angeles, California.

SURE, SHE SLEPT WITH ALL THESE BASEBALL PEOPLE, BUT CAN JAMIE MCCOURT WIN HER LAWSUIT?

Los Angeles Dodgers owner Frank McCourt has some advice for his soon-to-be-ex-wife. Drop your lawsuit over control of the baseball team.

McCourt told the Los Angeles Times Jamie McCourt’s case “is a loser” and there’s no way he intended for her to get “all the houses and all the money.”

Jamie McCourt separated from her husband after sleeping with the Dodgers team chauffeur and being duped into having sex with a fake muffin heir. All of this happened while she was chasing her goal of being President of the United States. Meanwhile, Frank McCourt was at home spending $52,000 a month on shirts and another $80,000 on a vacation with his mistress.

MY NEW FAVORITE WEBSITE

March 23, 2010

Frank McCourt and his wife, Jamie, didn't sit together at Game 1 of last year's National League Championship Series.

FRANK AND JAMIE MCCOURT

Here’s an AWESOME new website! It’s www.dodgerdivorce.com .

The site updates the daily travails of Los Angeles Dodgers owners Frank and Jamie McCourt while dishing the dirt about their incredibly messy impending divorce.

Learn about:

How the McCourts paid $0 in taxes on $104 million in income

Why Jamie McCourt thought she could be president of the United States

What a slut Jamie McCourt is and how she was screwing her chauffer

How Jamie McCourt was duped because the “heir to the Pillsbury fortune” she thought she was sleeping with turned out to be an abusive brokeass deadbeat dad

How Frank McCourt spent $52,000 of Dodgers money on clothes for himself in three months and blew another $81,000 of Dodgers money on a winter vacation

There’s also new material, like:

An anonymous letter leaked about a possible Frank McCourt affair and

Details of Jamie’s monthly AMEX bill

You can also vote “Frank’s a jerk!” or “Jamie’s worse!” on every issue.

MCCOURTS DIVORCE COSTING $19 MILLION IN LEGAL FEES

March 6, 2010

JAMIE AND FRANK MCCOURT

Everybody has heard the joke: “Why do divorces cost so much?  Because they’re worth it.”

If that’s the case, then Los Angeles Dodgers owner Frank McCourt and his soon to be ex-wife Jamie must REALLY hate each other.  According to the Los Angeles Times, the couple is spending $19 million in attorneys fees for their divorce.

THE MCCOURTS TRICKLE ON THEORY OF ECONOMICS

February 24, 2010

JAMIE AND FRANK MCCOURT

According to the Los Angeles Times business section, Los Angeles Dodgers owners Frank and Jamie McCourt earned $108 million from 2004 through 2008. They paid $ 0 in federal income tax and $0 in state income tax on that income. They are probably not going to pay a dime in taxes this year either.

There is no indication that the McCourts did anything untoward or illegal in escaping a tax bill. They simply took advantage of existing tax law, particularly in the commercial real estate business. In addition to real estate loopholes, the McCourts also took out a $140 million bank loan against the value of the Dodgers. Included in that loan was $20 million the McCourts paid themselves to “fund their lifestyles.” Tax free.

The McCourts also used “depreciation” rules quite liberally. For instance, they purchased the Dodgers from Rupert Murdoch of NewsCorp and Fox TV for $430 million in 2004. On paper, the McCourts could actually claim a financial loss for the Dodgers by using existing tax laws. They simply claimed the standard depreciation deduction for the first five years that they owned their baseball team. Even though the Dodgers made enormous amounts of money during that time. Last year, the Los Angeles Dodgers brought in $275 million in revenues. Their team payroll was $100 million. Also, keep in mind, Frank McCourt paid NO MONEY to acquire the Dodgers. He simply flipped a parking lot that Murdoch wanted in Boston and parlayed that into his ownership of the club.

Even Jamie McCourt’s own lawyer seemed embarrassed by the Times’ findings and admitted about the money the couple “lost” from ’04-’09, “They’re tax losses. I don’t mean REAL losses.” The McCourts’ tax issues are just another thing being made public in the couple’s ugly divorce. Jamie McCourt had also revealed that she and her husband paid themselves between $2 million and $3 PER MONTH in salary and expenses from the Dodgers. That money was also tax free which is a good thing for Mrs. McCourt considering her poor choices in boy toys.

TMZ.com also ran an article that showed Frank McCourt spent $52,000 on clothes since November and recently took an $81,000 vacation. Jamie McCourt also wants her spousal support raised to $2 million per month. Since Frank McCourt has no other job or business that produces ANYTHING, that money would come straight from Dodgers fans.

GREATEST ARTICLE ON THE MCCOURTS EVER

December 2, 2009

 

Tiger Woods, Jamie and Frank McCourt

THE CLOSEST FRANK AND JAMIE MCCOURT ARE GOING TO COME TO A BILLION DOLLARS

Oh!

My!

God!

A tip of the hat to Fanhouse.com for coming up with the quintessential story on Los Angeles Dodgers owners Frank and Jamie McCourt. The McCourts are currently going through a nasty Hollywood divorce. As part of her divorce filing, Jamie McCourt is demanding $400,000 per month from her soon-to-be ex-husband in “spousal support.” However, there’s a problem. Fanhouse says, according to court documents filed by Frank McCourt himself, he’s a little cash poor and can’t afford the payment.

Care to take a guess at Frank McCourt’s entire net worth?

Would you believe that (not including the Dodgers) Frank McCourt has a total of $167,000 in the bank. That’s not a lot for a guy who’s claimed to be a “billionaire.” As Fanhouse hilariously points out, that’s less than one week’s salary for Dodgers reserve outfielder Juan Pierre. The McCourts have been paying for all of their living expenses, including private jet travel, by charging it to the Dodgers. Living expenses that include this $46 million Malibu mansion:

mccourthouse

It’s pretty bad when practically every single homeowner who reads this post has a “real estate empire” greater than Frank McCourt’s. Now you know why McCourt’s wife was commiting adultery with a guy she thought was an heir to the Pillsbury fortune, but who in reality turned out to be a deadbeat dad who beats pregnant women.

The story is also yet another example of what a complete and utter buffoon Major League Baseball commissioner Bud Selig is. When Rupert Murdoch and Fox sold the Dodgers in 2004, Selig personally lobbied for McCourt as the club’s new owner. This despite the fact that McCourt literally had NO MONEY. McCourt owned ONE parking lot in Boston. Murdoch and the bank let McCourt put the parking lot up for collateral when he went to buy the Dodgers. Eventually, Murdoch accepted the parking lot as full payment for the Dodgers. Murdoch flipped the property for $200 million in cash.

Bank of America certainly knew how broke McCourt was. They actually put a clause in the the Dodgers deal that prohibited McCourt from paying himself more than a $5 million annual salary. Since McCourt only has $167,000 in the bank, it’s a good thing he paid himself the $5 million. The B of A clause also reveals what a sham Jamie McCourt’s being named “the highest ranking female executive in baseball” was. Making her Dodgers CEO was just a scam by the McCourts to pull more cash out of their Dodgers piggy bank.

BUD SELIG: SURE CAN PICK EM!

CLASSY FRANK MCCOURT FIRES THE MRS. VIA REGISTERED MAIL

October 25, 2009

JAMIE AND FRANK MCCOURT

TMZ already had the story that Los Angeles Dodgers owner Frank McCourt has fired his estranged wife via a “Notice of Termination of Employment” letter. Saturday’s edition of the Torrance Daily Breeze listed some of the reasons for Jamie McCourt’s dismissal contained in that letter.

Frank McCourt accuses his wife of “insubordination, nonresponsiveness, failure to follow prodedures, and inappropriate behavior with regard to a direct subordinate.”

The letter also tells Mrs. McCourt that she has to make an appointment with Dodgers security to clean out her desk and bring back her team issued laptop.

DODGERS OWNER FIRES HIS WIFE

October 23, 2009

JAMIE MCCOURT: HIGH POWERED BUSINESS EXECUTIVE OR GOLD DIGGER?

Los Angeles Dodgers owner Frank McCourt has fired his wife. Jamie McCourt was the club’s CEO.

Local media has been pounding the fact that California is a community property state and Mrs. McCourt may be entitled to $750 million for her share of the Dodgers. Jamie McCourt has been telling media that the team is half hers and she is the Dodgers 50% owner.

One reporter snidely asked Jamie McCourt’s lawyer how, if she’s the “owner” of the Dodgers, could she be fired?

The lawyer responded, “That’s a question the judge is going to have to answer.”

YAY! MANNY AND DODGERS FINALLY GET DEAL DONE

March 4, 2009

frankmccourtmanny

DODGERS OWNER FRANK MCCOURT TELLS OUTFIELDER MANNY RAMIREZ EXACTLY WHERE TO GO

Our long national nightmare is over. After a seemingly endless series of mind-numbing negotiations, the Los Angeles Dodgers and free agent outfielder Manny Ramirez have apparently reached a deal on a two year contract.

 

mannypay1

It took four months of negotiations, during which Dodgers owner Frank McCourt and his wife both cried poverty. This despite spending $46 million on a Malibu beach house this offseason. There were times when the negotiations between McCourt and Ramirez’s agent, Scott Boras, were so bitter it didn’t look like a deal could get done. In the end though, Manny Ramirez needed the Dodgers (there were no other serious suitors) and they needed him (Ramirez led LA to their first postseason series victory since 1988.)

As ramirez told T.J. Simers of the LA Times, “Tell everyone Mannywood is coming.”

 

mccourthouse

FRANK AND JAMIE MCCOURT SPENT $1 MILLION MORE ON THIS MALIBU HOME THIS OFFSEASON THAN THEY DID ON MANNY RAMIREZ

JAMIE MCCOURT: IF THE DODGERS SIGN MANNY RAMIREZ CHILDREN WILL STARVE, BILL PLASCHKE: IS THIS A BASEBALL TEAM OR A TELETHON?

November 27, 2008

People Dodgers

FRANK AND JAMIE MCCOURT

Los Angeles Dodgers owners Frank and Jamie McCourt have sent their fans a message: Let them eat cake.

Proving once again that she is the Marie Antoinette of sports, Jamie McCourt made a series of outrageous comments recently.

1) In an article published in the LA Times on Wednesday, McCourt asked fans if they would rather have a top free agent or 50 youth baseball fields built in the Los Angeles area.

2) Mrs. McCourt said that the Dodgers “might” be able to pay large contracts to free agent baseball players IF THEY WEREN’T GUARANTEED.

3) Jamie McCourt thinks it’s “weird” that baseball players make $30 million dollars.

4) McCourt concluded her lesson on economics by stating that “whatever money” is spent on free agents might be “better spent in the community.” High baseball salaries she concludes are bad for neighborhoods.

Bill Plaschke of the Times responded with one one of the most blistering columns of his career today. Plaschke goes off on the McCourts. At one point in his column Plaschke asks, “Is this a baseball team or a telethon?”

Plaschke says the idea that if the Dodgers sign CC Sabathia some poor child won’t be able to eat at night is “beyond belief.” He then asks, “Who’s running this team, Charles Dickens?”

The column is an awesome read. Make sure to check it out.

The Times also ran a poll asking Dodger fans which they would prefer? Fifty youth baseball fields or a free agent (like Manny Ramirez.) Manny Ramirez was leading the sick children 65% to 35% in the latest balloting.

The latest actions by the McCourts indicate they may be looking to slash salaries and go cheap. They will try to blame the economy and use the “it’s for the kids” excuse. Last year’s Dodgers team rallied down the stretch and managed to win a division title and only the second and third playoff games by the franchise in the last 20 years. All of that success was due solely and only because of the acquisition of slugging outfielder Manny Ramirez. Now Ramirez is a free agent and the McCourts are simply too cheap to pay him. They hold a press conference, throw a shovel of dirt in the air and proclaim they are helping poor children.

Sadly, there are enough stupid people in California that the McCourts can probably get away with their strategy. The Dodgers are about to be devastated by free agency. They face losing Ramirez, 3/4 th’s of their starting infield, and several pitchers. Also, star young pitcher Chad Billingley broke his leg in the offseason.  With their current attitude, LA may find themselves going from first to worst in the NL West.

Citing “the economy,” Frank McCourt offered Ramirez only a two year contract. That won’t be enough to keep him. McCourt irrationally proclaimed the contract was fair and “nothing has changed” in the economy in the last two weeks to have him up his offer to Ramirez.

Actually a couple of things HAVE changed in the economy. At least for the Dodgers. First, they announced that they would price their top SPRING TRAINING tickets at between $90 and $125. Those are the highest prices in the history of baseball for games that don’t even count. The Dodgers also recently raised six figures by charging fans $500 a pop to take batting practive at Dodger Stadium.

The problem with Major League baseball isn’t “small market” and “big market” baseball teams. it’s having owners like Frank and jamie McCourt that don’t give a damn about their teams.

 

mannyramirezla

MANNY RAMIREZ-GUNS OR BUTTER? A HAPPY MANNY OR STARVING CHILDREN?


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