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LOS ANGELES (KTLA) -- After two years in divorce court the McCourts are officially divorced.
In October 2009, the McCourts announced they were separating after 30 years of marriage.
The McCourt divorce was poised to become one of California's most expensive divorce cases.
In December 2010, a judge invalidated a post-nuptial agreement declaring Frank McCourt as the Dodgers' sole owner after Jamie McCourt's lawyers argued she should be co-owner under California's community property law.
The in June, the couple reached a divorce settlement, but the agreement was invalidated when Major League Baseball Commissioner, Bud Selig, rejected a massive television deal between the Dodgers and Fox.
Now its finally over.
Under the terms of the divorce, Frank McCourt will pay Jamie $131 million cash by April 30.
Jamie agrees to waive her rights to the Dodgers.
She gets three homes in L.A., plus one in Vail, Colo., worth about $50 million.
He gets two homes in Massachusetts.
Frank McCourt also agreed to identify a winning bidder for the Dodgers by April 1 and complete the sale by April 30, the same date by which he must pay his ex-wife the $131 million.
In October 2009, the McCourts announced they were separating after 30 years of marriage.
The McCourt divorce was poised to become one of California's most expensive divorce cases.
In December 2010, a judge invalidated a post-nuptial agreement declaring Frank McCourt as the Dodgers' sole owner after Jamie McCourt's lawyers argued she should be co-owner under California's community property law.
The in June, the couple reached a divorce settlement, but the agreement was invalidated when Major League Baseball Commissioner, Bud Selig, rejected a massive television deal between the Dodgers and Fox.
Now its finally over.
Under the terms of the divorce, Frank McCourt will pay Jamie $131 million cash by April 30.
Jamie agrees to waive her rights to the Dodgers.
She gets three homes in L.A., plus one in Vail, Colo., worth about $50 million.
He gets two homes in Massachusetts.
Frank McCourt also agreed to identify a winning bidder for the Dodgers by April 1 and complete the sale by April 30, the same date by which he must pay his ex-wife the $131 million.
