Jamie McCourt is the team's chief executive officer.
"This is a personal matter and they request that their privacy be respected," the team said in a statement confirming the couple had separated.
The separation, after almost 30 years of marriage, is likely to raise questions about ownership of the team, which the McCourts acquired in 2004, the Los Angeles Times said. A dispute involving assets resulted in the sale of the San Diego Padres when owner John Moores and his wife Becky split, the newspaper said.
Frank and Jamie McCourt have four adult sons. Property records indicate they own four residential properties in Southern California -- two in Los Angeles area and two in Malibu -- the Times said.
Copyright 2009 by United Press International.
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