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Law 360 M&A
FEBRUARY 16, 2024
In this week's Off the Bench, the NHL faces allegations of a vast, exploitative antitrust scheme, daily fantasy operators continue facing heat from state regulators, and New York gets a new sports betting player as ESPN Bet hits the Empire State.
Law 360 M&A
APRIL 15, 2024
Unrivaled Sports, a youth sports-focused investment group led by the owner of the NFL's Washington Commanders, NBA's Philadelphia 76ers and NHL's New Jersey Devils, is quickly building its portfolio since launching last month, with two acquisitions announced Monday and last week.
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Law 360 M&A
JANUARY 23, 2024
Although recent history features multiple examples of professional sports team owners being forced out after allegations of misconduct, legal experts say there's no guarantee that James Dolan, executive chairman of Madison Square Garden Sports, will be punished by the NBA or NHL after he was accused of sexual assault in a federal lawsuit.
Law 360 M&A
JUNE 29, 2022
Delaware's Chancery Court dismissed a lawsuit Wednesday challenging a private deal that would give Fenway Sports Group majority ownership of the Pittsburgh Penguins, saying the dispute must be arbitrated before the NHL's commissioner.
Benzinga
AUGUST 17, 2022
The world’s richest person created a stir in the sports world when he tweeted that he would be buying one of the most valuable and recognizable soccer teams in the world. The team is one of a handful of professional sports teams that are publicly traded. I'm not buying any sports teams. What Happened: Tesla Inc.
Law 360 M&A
JUNE 13, 2023
The board of Senators Sports & Entertainment, the ownership group behind the NHL's Ottawa Senators Hockey Club, said Tuesday it has entered into an agreement to sell a 90% stake in the team to an entity controlled by Toronto entrepreneur Michael Andlauer.
Musings on Markets
AUGUST 25, 2023
I have always loved sports, playing tennis and cricket when I was growing up, before transitioning to fan status, cheering for my favored teams from the sidelines. I also like finance, perhaps not as much as sports, but there are winners and losers in the investment game as well.
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