The good news is, according to the Ventura County Star, that two years and three days after Frank and Jamie McCourt issued a statement to announce their separation, they have issued another statement asserting they’ve actually agreed on something else: how to settle the property issues in their divorce case.

The bad news of course is that this does not bode well for true blue-blood Los Angeles Dodger fans everywhere.

That’s because this is being done with one purpose in mind.  So Frank can narrow his beady little sites on beating Major League Baseball commissioner Bud Selig for ownership of the Dodgers.

Per the agreement, Jamie would get about $130 million and relinquish any claim she might have to a share of the Dodgers.  In turn, Frank, without Jamie as an obstacle to his plan of selling the Dodgers’ television rights in U.S. Bankruptcy Court, appears set for a winner-take-all court showdown for the Dodgers with MLB and Selig.

The proposed settlement would conclude what many are calling the costliest divorce in California history.  The McCourts have already incurred $20.6 million in legal bills related to the divorce.  It was estimated it would cost at least another $14 million to settle the outstanding dispute over whether the Dodgers were Frank’s sole property or community property.

Now, for Frank to keep the Dodgers, he needs U.S. Bankruptcy Judge Kevin Gross to deny Selig’s request and to grant an auction of the Dodgers’ television rights.  In the absence of the pending settlement, Frank could not have kept the team without defeating Selig in Bankruptcy Court, then beating Jamie in divorce court regarding the issue of whether the Dodgers were or were not community property.

The sad part in all this is now both Frank and Jamie can no longer use the Dodgers as their own personal piggy bank for financing their lavish existence.  In her initial pleadings regarding the divorce, Jamie described how the couple drew combined salaries of $7 million per year, plus $46 million to buy side-by-side oceanfront estates in Malibu to bookend the $27 million side-by-side homes they bought near the Playboy Mansion.  There were also properties in Massachusetts, Montana, Colorado, Wyoming, and Mexico, not to mention the $400 dinner and $1,000 per-night hotels, the private jet travel, and house calls from makeup artists and hairdressers.

It’s no wonder Frank’s holding on so hard to maintain ownership of our beloved Dodgers.  And why Dodger fans everywhere continue to suffer the hardened fate of mediocrity.