The Dodgers and the McCourts

Jamie and Frank McCourt hold up a pair of Dodgers jerseys while being introduced as the team’s new owners during a news conference on Jan. 29, 2004.  (Reed Saxon / Associated Press)

Frank and Jamie McCourt share the stage with Tom Lasorda after a news conference at Dodger Stadium.  (Wally Skalij / Los Angeles Times)

Frank McCourt throws a ceremonial pitch while being introduced as the Dodgers’ new owner on Jan. 29, 2004. Major League Baseball unanimously approved the sale of the team to McCourt for $430 million from News Corp. It was a leveraged deal financed mostly by debt. In McCourt’s first season, the Dodgers win 93 games and the National League West Division title for the first time since 1995.   (Robert Gauthier / Los Angeles Times)

The McCourts talk with Dodgers broadcaster Vin Scully before a news conference at the Stadium Club in Dodger Stadium on Jan. 31, 2004.  (Wally Skalij / Los Angeles Times)

Frank speaks with his wife Jamie while making their first visit to the Dodgers’ spring training facility in Vero Beach Fla., on Feb. 24, 2004.  (Richard Drew / Associated Press)

Frank McCourt addresses his team during his first trip to the Dodgers’ spring training facility in February of 2004, telling his players, “we’re going to just keep everybody focused like a laser beam on winning.”  (Jon SooHoo / Associated Press via Dodgers)

Frank McCourt introduces Paul DePodesta as the Dodgers’ new general manager during a news conference on Feb. 16, 2004. DePodesta spent two seasons as general manager before he was fired by McCourt on Oct. 29, 2005.  (Ric Francis / Associated Press)

Jamie and Frank McCourt share a laugh as they meet with Dodgers fans before a game on July 4, 2006.  (Spencer Weiner / Los Angeles Times)

Frank McCourt introduces Ned Colletti as the team’s general manager on Nov. 16, 2005. The Dodgers advanced to the postseason in three of Colletti’s first four years at the helm.  (Robert Gauthier / Los Angeles Times)

Incoming Dodgers Manager Joe Torre, far left, walks with his wife, Ali, Jamie McCourt, Frank McCourt, General Manager Ned Colletti and broadcaster Vin Scully in 2007.  (Rick Loomis / Los Angeles Times)

Dodgers owner Frank McCourt takes Manny Ramirez on a tour of Dodger Stadium on Aug. 1, 2008, after acquiring the slugger in a trade with the Boston Red Sox.  (Lori Shepler / Los Angeles Times)

Frank McCourt meets with former Dodgers owner Peter O’Malley during a plaque unveiling ceremony at the Los Angeles Memorial Sports Arena on July 9, 2008. In 2010, O’Malley said McCourt had lost all credibility as an owner and that “it would be best for the franchise and the city if there was new ownership.”  (Jon SooHoo / Associated Press via Dodgers)

Frank and Jamie McCourt take in a game between the Dodgers and San Diego Padres on Sept. 25, 2008. A year later the couple would separate.  (Carlos Delgado / Associated Press)

Frank McCourt shares a laugh with Lakers star Kobe Bryant during a playoff game against the Philadelphia Phillies on Oct. 16, 2009. Two days earlier, McCourt and his wife, Jamie, announced they were separating after nearly 30 years of marriage.  (Wally Skalij / Los Angeles Times)

Frank McCourt waves to the press as he leaves Los Angeles Superior Court with members of his legal team on the first day of his divorce trial on Aug. 30, 2010. The judge in the divorce case eventually invalidated the post-nuptial marital property agreement that McCourt had claimed provided him with sole ownership of the Dodgers. In the wake of this decision his lawyers said that Frank would use other legal avenues to establish his sole ownership of the Dodgers, while Jamie McCourt‘s lawyers said that Jamie would be confirmed as the co-owner of the team as community property of their marriage.  (Anne Cusack / Los Angeles Times)

Jamie McCourt leaves Los Angeles Superior Court during a recess on Aug. 30, 2010. McCourt, who was fired from her position as team CEO shortly after separating from her husband, disputed Frank’s claim that he was the sole owner of the Dodgers.  (Don Bartletti / Los Angeles Times)

Dodgers owner Frank McCourt looks on during a game on July 4, 2006. McCourt’s continued ownership of the team fell into uncertainty after MLB Commissioner Bud Selig appointed a trustee to assume day-to-day operation of the Dodgers, effectively removing McCourt from power.   (Spencer Weiner / Los Angeles Times)

Frank McCourt leaves a news conference outside Superior Court in downtown Los Angeles after Judge Scott Gordon announced that Frank and Jamie McCourt had reached a divorce agreement contingent upon future rulings.  (Robert Gauthier / Los Angeles Times)

Jamie McCourt talks with the news media after a judge announced that she and Frank McCourt had reached an agreement in divorce talks.  (Robert Gauthier / Los Angeles Times)

Jamie McCourt leaves court on Sept. 14 after a divorce judge rules Frank McCourt will continue to pay her $225,000 a month in temporary spousal support.   (Jason Redmond / Associated Press)

In a move asserting Major League Baseball Commissioner Bud Selig‘s authority over individual teams, MLB lawyers ask a federal bankruptcy judge to order the sale of the Dodgers, arguing in court papers submitted Sept. 22 that Frank McCourt‘s plan to retain ownership is “dead on arrival.”   (Mary Altaffer / Associated Press)

The Dodgers finish 2011 with the biggest drop in attendance over the previous season in Major League Baseball, averaging 7,743 fewer tickets sold per game. They sell fewer than three million tickets for the first time in 16 years.  (Allen J. Schaben / Los Angeles Times)

Fox Sports files a lawsuit against the Dodgers on Sept. 27, alleging the team has breached its current television contract in pursuit of a new one.   (Jason Redmond / Associated Press)

Major League Baseball Commissioner Bud Selig refused to discuss the Dodgers’ bankruptcy while speaking to reporters before the start of Game 7 of the World Series on Oct. 28.   (Jamie Squire / Getty Images)

Frank McCourt agreed Tuesday to seek approval from a bankruptcy court judge to sell the Dodgers after entering into settlement talks with Major League Baseball.   (Allen J. Schaben / Los Angeles Times)

Frank McCourt‘s agreement to sell the team would also include Dodger Stadium and surrounding parking lots. McCourt could receive more than $1 billion from the sale of the team and related assets.   (Ricardo DeAratanha / Los Angeles Times)

A group led by former Lakers great Magic Johnson agrees to buy the Dodgers for $2.15 billion on March 27. Johnson is a partner in the group along with longtime baseball executive Stan Kasten and movie executive Peter Guber. The controlling owner would be Mark Walter, chief executive officer of Guggenheim Partners, a Chicago-based financial services company.  (Amy Sancetta / Associated Press)

Magic Johnson and Dodgers owner Frank McCourt watch the team play in its 2012 season opener against the San Diego Padres on April 5. McCourt is expected to walk away with more than $1 billion after purchasing the team for $430 million in 2004.   (Luis Sinco / Los Angeles Times)

McCourt’s eight-year ownership of the Dodgers comes to an end May 2 when the sale of the team to Guggenheim Baseball is finalized. A teary-eyed McCourt thanks employees at a morning meeting at Dodger Stadium, according to several people in attendance.  (Mark Boster / Los Angeles Times)