Child Custody

Frank and Jamie McCourt have had one of the most costly and public divorces in recent years. Surely the fate of the Los Angeles Dodgers, which they own, has something to do with it.

The divorce, which has been in process for years, has been extremely costly after speaking with child custody lawyers. Just how much Frank McCourt owes his wife for spousal support still isn’t completely decided, but he’s aiming to keep the number lower than it has been.

He’s seeking a reduction in how much spousal support he pays her. He says he paid his ex-wife about $7.7 million last year. He believes it should be closer to around $5 million per year.

Frank McCourt will apparently continue to pay $225,000 per month to his ex-wife. That’s areportedly according to a deal they reached involving temporary spousal support. He has also apparently been paying an additional $412,159 per month for mortgages on the ex-couple’s six homes and a condominium.

However, money that was once used toward those mortgages will now come from an escrow account with $1.1 million in funds.

According to the Huffington Post, Jamie McCourt recently noted that her ex-husband put more than $44 million into his bank accounts since June 2010, so he should not have a problem affording her attorney fees.

What many Dodgers fans care about, though, is the future of the team. The team’s fate is on hold until a bankruptcy court can settle several issues. In the meantime, the team cannot be sold.

Leave a Reply

Your email address will not be published. Required fields are marked *