Advertisement
 
YOU ARE HERE: LAT HomeCollectionsFrank Mccourt
IN THE NEWS

Frank Mccourt

FEATURED ARTICLES
SPORTS
March 5, 2008 | Dylan Hernandez, Times Staff Writer
VERO BEACH, Fla. -- Noting the addition of Joe Torre, the signings of high-priced free agents Andruw Jones and Hiroki Kuroda, and the increased maturity of the young players, Dodgers owner Frank McCourt made clear Tuesday what he expects from his team this year. "It's time to win," McCourt said. McCourt, who is beginning his fifth season as club chairman, rejected the idea that he is less patient now than he was as a new owner.
ARTICLES BY DATE
SPORTS
March 17, 2014 | By Bill Shaikin
The greatest stain on the history of a proud franchise was officially dissolved Monday, when U.S. Bankruptcy Judge Kevin Gross signed a final decree ending the Dodgers' time in his court. The bankruptcy cases of the Dodgers and related entities "are hereby closed," Gross wrote in an order that ended the team's stay in bankruptcy court at 995 days. Gross signed the order as the Dodgers flew over the Pacific Ocean en route to Australia for Saturday's season opener against the Arizona Diamondbacks.
Advertisement
SPORTS
April 6, 2013 | By Steve Dilbeck
Most of the changes brought on by the Dodgers' new ownership group have been flashy, headline-grabbing. From a record baseball payroll to over $100 million in stadium improvements, the changes were designed to grab attention and inspire renewed belief in a beleaguered franchise. Just not all of the changes. One has been done so quietly as to not even be noticed. There was no announcement, no obscure press release, no real mention of it. The Dodgers have revamped their charity wing, largely divorcing themselves from the foundations associated with ex-owner Frank McCourt.
SPORTS
March 17, 2014 | By Dylan Hernandez
PHOENIX -- Sometime in the relatively near future, perhaps even this year, Zach Lee could take the mound for the Dodgers in a regular-season game. Or Joc Pederson could step into the batter's box. If it happens, fans at Dodger Stadium might consider raising their plastic cups in a tribute to the man responsible: Frank McCourt. If not for the team's unpopular former owner, the Dodgers' two top prospects would be somewhere else. Lee might be counting down the days until the NFL draft.
SPORTS
September 18, 2013 | By Bill Shaikin
Bud Selig insists he will retire as baseball's commissioner after next season. He says he might like to teach college classes, to study history, to write his memoirs. He could be a distinguished guest speaker in just about any college class -- except, perhaps, at the McCourt School of Public Policy at Georgetown University. Frank McCourt, who sold the Dodgers for a record $2.15 billion last year, has donated $100 million toward the school, the Washington Post reported Wednesday.
SPORTS
April 3, 2012 | By Bill Shaikin
Frank McCourt threw quite a few pitches at the bidders for the Dodgers. One of those pitches: You're not buying a team locked into hundreds of millions in salaries for the next few years. You can shape the payroll any way you like. As the Dodgers headed into the winter, they had one player under contract for 2014 -- pitcher Chad Billingsley, at $12 million. In contrast, the Boston Red Sox had committed $94 million to six players for 2014 -- first baseman Adrian Gonzalez, second baseman Dustin Pedroia, outfielder Carl Crawford and pitchers Josh Beckett, Clay Buchholz and John Lackey.
NEWS
May 4, 2012 | By Susan Brenneman
David Kipen had a modest proposal on the Op-Ed page Wednesday: Take public transportation to the next Dodgers home game, deprive the ball club (and especially the once and still somewhat invested Frank McCourt) of your parking dollars and send a message:  We're Dodger fans and we're not going to take it anymore. And by "it" he meant any more misrule of the boys in blue.  Oh and by the way, it would be so much greener. "How dense are people these days," asked "uncgirl37" at about 5 p.m.,  along with a few other commenters who had tuned in to the new owners' 10 a.m.  televised news conference.
SPORTS
September 20, 2012 | By Steve Dilbeck
All bummed are you that since Frank McCourt sold the Dodgers for a record $2.15 billion - and kept half the parking lots! - he's disappeared from public view? Thought not. I, of course, miss him so. He was good for at least four easy posts a week. Now that he's a billionaire, doing whatever billionaires do, you're hoping he keeps doing it. Just as long as he stays away from the Southern California sports scene. Which is not to say he doesn't continue to have significant impact on Los Angeles professional sports.
SPORTS
June 14, 2013
It doesn't say much for the intelligence of Guggenheim Management, the owner of the Dodgers, when Frank McCourt turned out to be the smartest guy in the room. Guggenheim, I have a house I'd like to sell you. It was appraised for $1 million, but I'll let you have it for a million four. There is one condition, however. I keep the garage and the land under it, and you pay me $50,000 per year for the right to park in the garage. You'd better move fast, Guggenheim, before other interested parties emerge.
SPORTS
April 22, 2013 | By Bill Shaikin
Frank McCourt has paid more than $460 million in state and federal taxes related to the sale of the Dodgers, one of his attorneys said Monday. McCourt sold the Dodgers for $2.15 billion last year in a transaction in which Guggenheim Baseball Management bought the team, Dodger Stadium and a 50% stake in the parking lots surrounding the stadium. McCourt retained a 50% stake in the parking lots. As part of the transaction, Guggenheim assumed $412 million in team debts, according to documents filed in U.S. Bankruptcy Court.
BUSINESS
March 4, 2014 | By Walter Hamilton
Moelis & Co., a boutique Los Angeles investment bank, filed for an initial public offering, seeking to capitalize on the soaring stock market and a recent pickup in corporate mergers. The firm was founded in 2007 by Ken Moelis, a longtime Southern California investment banker. The Century City-based firm would trade on the New York Stock Exchange under the ticker symbol MC. The firm has advised on a host of prominent deals in recent years, including representing the Dodgers and former owner Frank McCourt in the team's sale to Guggenheim Partners.
SPORTS
February 5, 2014 | Staff and wire reports
Former major league pitcher Curt Schilling, now a television analyst, announced that he is battling cancer. The 47-year-old Schilling, who spent 20 years in the majors before retiring in 2009, divulged the news in a statement released through his employer, ESPN. It did not indicate what type of cancer Schilling has, when he was diagnosed or what his prognosis might be. ESPN spokesman Mike Soltys said Schilling is taking a leave of absence. He recently signed a multiyear contract extension with the network and was to be part of the “Sunday Night Baseball” broadcast team, Soltys said.
SPORTS
September 26, 2013 | By Steve Dilbeck
The reaction and fallout from the postgame stabbing Wednesday figures to be long and involved, but part of the immediate reaction came Thursday when the Giants announced they would add security for tonight's game against the Dodgers at AT&T Park in San Francisco. A 24-year-old Dodgers fan was stabbed and killed a few blocks from the ballpark during a brawl about 90 minutes after Wednesday's game. “We were deeply saddened to learn of last night's horrific incident that occurred several blocks from the ballpark and resulted in the tragic death of 24-year old Jonathan Denver,” the Giants said in a statement.
SPORTS
September 18, 2013 | By Bill Shaikin
Bud Selig insists he will retire as baseball's commissioner after next season. He says he might like to teach college classes, to study history, to write his memoirs. He could be a distinguished guest speaker in just about any college class -- except, perhaps, at the McCourt School of Public Policy at Georgetown University. Frank McCourt, who sold the Dodgers for a record $2.15 billion last year, has donated $100 million toward the school, the Washington Post reported Wednesday.
SPORTS
September 18, 2013 | By Steve Dilbeck
OK, stop laughing. No, really, you must stop laughing. Frank McCourt, bless his generous little heart, is feeling magnanimous. He just gave $100 million to Georgetown University to found the McCourt School of Public Policy. I absolutely demand you stop laughing. Listen, $100 million is a lot of money. You could ask Jamie McCourt. Any school in the country would, apparently, sell its soul to get it. This is very generous of McCourt. Heck, for that much money he could afford to get divorced two or three times.
SPORTS
September 9, 2013 | Staff and wire reports
Oklahoma State Athletic Director Mike Holder apologized to his fellow athletic directors around the Big 12 Conference on Monday in advance of what's expected to be a scathing expose of the football program by Sports Illustrated. "I apologize to all the athletic directors in the conference for what's about to happen, for what's about to be said about a member institution," Holder said at a news conference without taking questions. "That reflects on everyone, all our brothers and peers; we're very remorseful about that.
OPINION
July 25, 2009
Re "Frank McCourt, 1930-2009: Late-blooming author of 'Angela's Ashes,' " Obituary, July 20 With Frank McCourt's passing, we have lost not only a great author but a great friend to teachers everywhere. When his book, "Teacher Man," came out, I went to hear him read at a local bookstore. I will never forget his hilarious description of his torturous days as a new teacher and his first words to a class: "Stop throwing sandwiches." When I got to the front of a very long line to have my book signed, I told him that I had taught seventh-grade English for 30 years.
SPORTS
June 13, 2013 | By Bill Shaikin
On his first day as an owner of the Dodgers, Magic Johnson had heard one too many questions about Frank McCourt, and what role the outgoing owner would continue to play at Chavez Ravine. "Frank is not here. He is not part of the Dodgers any more ," Johnson said. "We should be clapping for that. " McCourt might not be part of the baseball team any more, but he remains a major player in deciding the future of the land surrounding Dodger Stadium. As  The Times reported  Wednesday night, McCourt could be the sole landlord for an NFL stadium put up on the Dodger Stadium parking lots.
SPORTS
September 9, 2013 | By Bill Shaikin
Jamie McCourt has no legal basis to force her ex-husband to share his record profit from the sale of the Dodgers, a judge ruled Monday. In a 57-page ruling, Los Angeles Superior Court Judge Scott Gordon repeatedly dismissed Jamie McCourt's claim that she was unaware of the potential values of the Dodgers and of a regional sports network as “not credible.” Frank McCourt sold the Dodgers for $2.15 billion last year, five months after Jamie...
SPORTS
August 16, 2013 | By Steve Dilbeck
Build it and they will come. Not the ballpark, the team. Dodger fans suffered through some -- what might politely be termed -- lean times under Frank McCourt. Dragging a proud franchise through the embarrassment of bankruptcy can do that. Attendance officially plummeted approximately 18% in 2011 under McCourt, though anyone with a functioning eyeball could tell it was actually more than twice that in actual attendance. But the Dodgers' fan base is huge and deep, and however angry and frustrated they were, many remained followers in waiting.
Los Angeles Times Articles
|