By Ramona Shelburne
Dodgers owner Frank McCourt and his wife Jamie McCourt have separated, raising questions about the future of the organization on the eve of the National League Championship Series.
Frank McCourt has owned the Dodgers since 2004. The couple confirmed their separation Wednesday night in a statement issued through the club.
Frank McCourt serves as the club’s owner and chairman. Jamie McCourt serves as Chief Executive Officer.
“This is a personal matter and they request that their privacy be respected,” the statement said.
There has been no official mention of a divorce, but the potential impact on the organization is clear.
In February San Diego Padres owner John Moores sold the team to former agent Jeff Moorad, a move precipitated by his divorce.
California law requires that you divide a divorce asset 50/50, which is problematic when it comes to a major league baseball franchise.
Baseball policy mandates that each organization have only one controlling owner.
Forbes magazine recently valued the Dodgers franchise at $722 million.
Jamie McCourt, the highest-ranking woman in Major League Baseball, became the team’s CEO on March 17. Before that, she had been club president.
The McCourts have been married since 1979. They have four sons: Drew, Travis, Casey, and Gavin.