Wells Fargo has announced a new Sports & Entertainment Program “focused on recognizing and supporting financial advisors who serve clients within the sports and entertainment industries.” Wells Fargo claims it “has a long history of serving the complex needs of clients with significant wealth. With the availability of the Sports & Entertainment Accredited Wealth Management…
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(Editor’s note: the following was written recently by Gary Chester, our long-time senior writer and a sports law professor, for Sports Litigation Alert. The Alert is the most-comprehensive sports law periodical in the nation, publishing 15 to 20 case summaries and articles every two weeks, and featuring a searchable archive of 5,000 summaries and articles.)…
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By Joshua Frieser For nearly two years, college athletes, sports agents, and sponsors have sought to create name, image, and likeness (NIL) contracts that comply with NCAA rules, state laws, university policies, and sponsorship and advertising laws—all while attempting to draft contracts that are effective and operate to meet the needs of the particular deal. Much like…
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Sidley represented the State of New York/Empire State Development as lead counsel in its high-profile public-private partnership with the NFL’s Buffalo Bills to build a new US$1.54 billion state-of-the-art, 60,000-plus-seat stadium in Orchard Park, NY. The State is contributing US$600 million, under a 30-year lease, toward the project’s construction costs, with an additional US$250 million…
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Alabama Governor Kay Ivey signed House Bill 261 last week, which limits transgender students to playing sports in public colleges and universities only with their biological sex. Upon taking this latest action to “protect female athletes,” Governor Ivey issued the following statement: “Look, if you are a biological male, you are not going to be…
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Churchill Downs Incorporated announced yesterday that it will suspend racing operations at Churchill Downs Racetrack, beginning June 7, 2023, through the remainder of the Spring Meet, scheduled to run to July 3. According to the parent company, “Churchill Downs Racetrack has seen an unusual number of horse injuries over the previous month resulting in 12…
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People are complex. What you see is not always the same thing that everyone else sees. Kristi Schoepfer, the Winthrop University (SC) sports law professor, was a textbook example of this. Dedicated. Detailed. Loyal. Generous. Fun. These were some of Kristi’s qualities. But not everyone saw all of those qualities. Sadly, many of those who…
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The Big Ten Conference (Big Ten) hosted its first LGBTQ+ Symposium today, at the Big Ten Headquarters and Conference Center in Rosemont, Illinois, to celebrate the start of PRIDE Month. The Big Ten will welcome more than 100 student-athletes, coaches and administrators from its 14 (soon-to-be 16) member institutions – along with a remarkable group…
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Hackney Publications announced today that Jared P. Vasiliauskas, a sports lawyer and partner at Power & Cronin, is the featured guest on the Sports Law Expert Podcast. The podcast segment can be heard here: https://podcasters.spotify.com/pod/show/holt-hackney/episodes/A-visit-with-Sports-Lawyer-Jared-Vasiliauskas–of-Power–Cronin-e23jnt7 Vasiliauskas focuses his practice in the areas of Business, Labor/Employment and Sports Law. With regard to the latter, he has…
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Federal tax records have revealed that the NCAA’s former chief operating officer, Donald Remy, received a “severance payment” of just over $2.4 million during the 2021 calendar year. In combination with his regular salary, Remy received approximately $3.6 million, according to a report published in USA Today. Remy, who was defending two antitrust lawsuits on…
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