LOS ANGELES -- Frank McCourt, who is battling his estranged wife for ownership of the Los Angeles Dodgers, testified Friday that he took out a $60 million loan on land around the team stadium to help her pay off debt on her palatial homes. Testifying for a fourth day at his divorce trial, McCourt said he borrowed against the value of property surrounding Dodger Stadium so he could help pay the mortgages on six homes listed as his wife's property in their marital agreement. Court documents...
Full Story: The News & Observer
