McCourt Divorce Case Finally Over
The couple's divorce settlement was invalidated after the MLB decision.
VIDEO: Watch Eric Spillman's Report
Jamie McCourt and attorney Dennis Wasser (June 17, 2011)
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In October 2009, the McCourts announced they were separating after 30 years of marriage.
The McCourt divorce was poised to become one of California's most expensive divorce cases.
In December 2010, a judge invalidated a post-nuptial agreement declaring Frank McCourt as the Dodgers' sole owner after Jamie McCourt's lawyers argued she should be co-owner under California's community property law.
The in June, the couple reached a divorce settlement, but the agreement was invalidated when Major League Baseball Commissioner, Bud Selig, rejected a massive television deal between the Dodgers and Fox.
Now its finally over.
Under the terms of the divorce, Frank McCourt will pay Jamie $131 million cash by April 30.
Jamie agrees to waive her rights to the Dodgers.
She gets three homes in L.A., plus one in Vail, Colo., worth about $50 million.
He gets two homes in Massachusetts.
Frank McCourt also agreed to identify a winning bidder for the Dodgers by April 1 and complete the sale by April 30, the same date by which he must pay his ex-wife the $131 million.