1963 Sandy Koufax Exhibit Card.
The McCourts and their ugly divorce shows how this couple treated the Dodgers like a bottomless piggy bank.
I just finished reading “A Major-League Divorce” written by by Vanessa Grigoriadis for Vanity Fair. It’s an excellent account of the McCourt divorce and their disastrous ownership of the Dodger franchise.
The McCourts have plundered this baseball treasure by spending like there was no tomorrow:
The $19 million dollar laundry house:
“For beach homes, they purchased a John Lautner-designed house in Malibu, from Courteney Cox and David Arquette for $27.3 million. They took the beachfront bungalow next door, too—after all, it was only $19 million. In court papers, Jamie said that they used the bungalow to house an overflow of guests from time to time and do extra laundry.”
The $12 million dollar pool:
“They spent $12.4 million to rip out the tennis courts and build an Olympic-size indoor-pool complex, including a poolhouse, a sauna, and massage rooms. (The house already had an outdoor pool, as did the Lautner house, but Jamie felt those were not suitable for the kind of long-distance swimming she liked to do.)”
Paying a Dodger employee a salary of $400,00 to run one of the team’s charities:
“In 2007, the Dodgers paid $400,000 to an employee to oversee one of the team’s charities, which had only a $1.6 million annual budget.”
$600,000 salary to their two sons:
“The organization paid a $400,000 salary to one of their sons, who worked at Goldman Sachs, and $200,000 to another, a student at Stanford University, to do jobs with rather elusive duties. (The couple has never been able to explain to the press what those jobs entail.)”
The $30,000-a-month hotel suite:
“To all appearances, Frank McCourt seems essentially broke—although he is living in a $30,000-a-month suite at the Montage hotel—and struggling to pay the team’s bills.”
The $10,000-a-month haircutter:
“Frank and Jamie spent as much as $10,000 a month on a haircutter who tended to their locks five days a week.”
But worst of all:
“An off-duty paramedic from Santa Cruz was beat to a pulp in a poorly lit parking lot of the stadium—an incident that was laid at McCourt’s feet, since he had let go of the Dodgers’ chief of security four months earlier..”
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