Los Angeles Dodgers owner Frank McCourt has been ordered to pay his ex-wife $131 million by the end of April as part of the couple's divorce settlement.
McCourt will save $1 million per month if he pays Jaime McCourt the money by April 30, 2012.
Frank McCourt reached an agreement with Major League Baseball this week to sell the team in an auction. The club previously filed for bankruptcy protection after McCourt was denied a new television deal that would have supplied enough upfront money for the Dodgers to stay afloat.
Jaime McCourt also received three houses and a condominium as part of the settlement.