Before buying the Dodgers and moving to La, McCourt was a Boston property developer, whose family resided in Brookline, Massachusetts. In 2013, he contributed $100 million to create the McCourt School of Public Policy, the ninth school of Georgetown University. After his unsuccessful bid to get the Red Sox, he turned his focus on the Dodgers. In 2004, McCourt purchased the Los Angeles Dodgers for $430 million from NewsCorp, Rupert Murdoch’s main business. McCourt’s purchase of the Dodgers was funded largely by debt. News Corp. received about $200 million when they resold the property to Morgan Stanley and Boston real estate investor John B. Hynes III in 2006. The Dodgers assets obtained by McCourt contained substantial property assets associated with the stadium in Chavez Ravine, including arena parking lot property. Strategies are declared for new property developments at Dodger Stadium. To cancel the purchase, McCourt increased ticket and concession costs annually. By April 2009 the team and its own associated assets, in which McCourt had invested heavily in improvements, had grown in value to $722 million according to Forbes. In 2010 the worth of the team was estimated at $727 million according to Forbes.
August 19, 1930, Brooklyn, New York City, New York, United States)
Died
July 19, 2009, Manhattan, New York City, New York, United States
Place Of Birth
Boston
Profession
Businessperson, Real estate development
Education
Brooklyn College, New York University
Nationality
United States of America
Spouse
Ellen Frey McCourt (m. 1994–2009), Cheryl Ford (m. 1984–1985), Alberta Small (m. 1961–1979)
Children
Margaret McCourt
Parents
Angela Sheehan, Malachy McCourt
Siblings
Malachy McCourt, Alphie McCourt, Michael McCourt, Eugene McCourt, Oliver McCourt, Margaret McCourt
Awards
Pulitzer Prize for Biography or Autobiography, New York Times 10 Best Books of the Year, National Book Critics Circle Award for Biography/Autobiography
Movies
Angela's Ashes, Joyce to the World
Star Sign
Leo
#
Fact
1
In "'Tis" (the sequel to "Angela's Ashes"), he talks about having known his first wife Alberta "Mike" Small before their marriage. In contrast to his dirt-poor childhood, she had a patrician upbringing. He also recalls having worked a menial job in a hotel at the time that the Korean War broke out. He enlisted in the United States Army and went through training but never got sent to the war.
2
Did not start writing until he was retired in his sixties.
3
Lived in the Gramercy section of Manhattan in New York City.
4
Was a New York public school teacher for over 30 years.
5
Born on Classon Avenue in the Bedford-Stuyvesant section of Brooklyn.
6
1957 graduate of New York University, having earned a Bachelor's degree in English education.
7
Survived by his wife, Ellen Frey McCourt; his brothers, Malachy, Alphie, and Mike; his daughter Maggie McCourt; and his three grandchildren, Chiara, Frank, and Jack.
8
Earned a Master's degree in English from Brooklyn College in 1967.
9
Nearly died of typhoid fever at the age of 10.
10
Three of his six siblings died of diseases that were aggravated by their malnutrition.
11
His family left the United States for Ireland in 1934, but he returned to the U.S. when he was 19.
12
Biography-bibliography in "Contemporary Authors," New Revision Series, Vol. 138, pp. 316-319. Farmington Hills, MI: Thomson Gale, 2005.
13
Daughter, Maggie, with first wife. Grandaughter Chiara.