Posted September 18, 2013

Former Dodgers owner Frank McCourt donates $100M to Georgetown

MLB
Former Dodgers owner Frank McCourt, who sold the team last year for $2 billion, will donate $100 million to Georgetown University. (Bloomberg/Getty Images)

Former Dodgers owner Frank McCourt, who sold the team last year for $2 billion, will donate $100 million to Georgetown University. (Bloomberg/Getty Images)

Frank McCourt, who purchased the Los Angeles Dodgers in 2004 and sold the team last year, will donate $100 million to Georgetown University.

According to a report Wednesday from NBC Washington, the former Dodgers owner is donating the money to create a public policy school at the Washington, D.C., university.

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The McCourt School of Public Policy will open in October and, according to the report, “focus on analysis of massive data files from government agencies and other sources to research education, health, poverty and other subjects.” A Fellows Program in his name will offer full scholarships as well.

The $100 million donation is the largest in the school’s 224-year history, surpassing an $87-million gift to the school in 2010.

McCourt, a 1975 graduate of Georgetown,¬† helped the Dodgers emerge from bankruptcy and sold the franchise for a reported $2.15 billion, eight years after purchasing it from Rupert Murdoch’s NewsCorp. for a reported $430 million.

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3 comments
MrArlington
MrArlington

This was a pure vanity move. These types of "donations" make me roll my eyes.

NoThanksESPNFacebook
NoThanksESPNFacebook

I would say good for him, but Mccourt is scummy as scummy gets. Sure this is to get a tax break from the 1+ billion he made on the Dodgers. At least students will be able to benefit from this vanity project.