LOS ANGELES — Frank and Jamie McCourt have reached a divorce settlement that gives him control of the Los Angeles Dodgers and her about $130 million, making it one of California’s costliest divorces, according to a report published Monday.
The McCourts have been embroiled in a costly and nasty battle in which the main prize has been the baseball team. What will happen to the Dodgers has been put on hold until a bankruptcy court in Delaware sorts out the details.
NBA owners, players ready to try mediation
NEW YORK — The NBA and players’ association are ready to try mediation, and Commissioner David Stern wants results quickly.
Owners are opening two days of board meetings Wednesday, and Stern wants to be able to bring a deal to them.
But can a mediator swoop in and smooth out two years of bickering in one day? Attorney Jay Krupin, chair of EpsteinBeckerGreen’s national labor practice in Washington, doesn’t think so - unless the players are prepared to concede on some issues.
Appeals court rules against Smith, Minnesota
ST. PAUL, Minn. — The Minnesota Court of Appeals has upheld a $1 million civil verdict against the University of Minnesota and men’s basketball coach Tubby Smith, denying their request for a new trial.
The ruling Monday said the school must pay $1 million to Jimmy Williams, a former Oklahoma State assistant coach who quit in 2007 because he believed Smith had offered him an assistant coaching job. The offer apparently was withdrawn after the university’s athletic director discovered Williams had NCAA recruiting violations in his past.