Category: financial

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Attorney Chris Termini Named NCAA Vice President of Championships Business Affairs

The NCAA has named Chris Termini as vice president of championships business affairs. With more than 15 years of experience in sports business and law, Termini has played a pivotal role in driving the NCAA’s external operations and strategic partnerships. In his new role, he will continue leading external operations while serving as the department’s…
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Morgan Lewis, Villanova Law to Explore Emerging Trends in Sports Finance at 2025 Moorad Symposium

As the recent surge of institutional capital and private equity (PE) funding continues to reshape the sports finance landscape, panelists at the 2025 Jeffrey S. Moorad Sports Law Journal Symposium at Villanova will discuss the evolving methods of investing in sports as an asset class in a half-day program, Investing in Sports: The Future of…
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Boston Basketball Partners Announces Sale of Boston Celtics to Outside Group Led by Celtics Fans for $6.1 Billion

Boston Basketball Partners LLC has announced it has entered into a definitive agreement to sell the Boston Celtics to an investor group led by William Chisholm, a lifelong Celtics fan and Boston-area native, pending NBA Board of Governors approval. Wyc Grousbeck will continue in his roles of CEO and Governor, overseeing team operations, through the…
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Jim Solano, a Legend in the Sports Agency Industry, Dies at 81

Jim Solano, a legend in the sports agency industry, a philanthropist in the community, professor and loving family man died peacefully at his home on January 26 surrounded by family. He was 81 years old.  Jim received his BS, MBA and MS in Taxation degrees from Temple University. After graduate school Jim began a five-decade…
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Attorney Provides Insights about Widow of San Diego Padres Owner and Her Allegations of Foul Play

Marc M. Stern, a partner in Greenberg Glusker’s Private Client Services Group, provided insights to WealthManagement.com on the ongoing family legal battle over control of the San Diego Padres. An excerpt follows: While without additional facts, it’s difficult to tell which side will prevail, said Marc M. Stern, a partner in the Private Client Services Group at Greenberg…
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Hogan Lovells Advises Investor Group in the Acquisition of Hellas Verona Football Club

Hogan Lovells, a global law firm with deep expertise in the sports industry, advised Presidio Investors, an Austin, Texas-based private equity firm, in its announced acquisition of 100% ownership of the Hellas Verona Football Club.  The announcement was made by Presidio and Maurizio Setti, and Presidio is committed to building upon the foundation created by…
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WNBA Players Look to MLS and NWSL Financial Models; It’s Risky

By Christopher R. Deubert, Senior Writer at Hackney Publications In February 2020, MLS and the MLS Players Association (MLSPA) agreed to an unprecedented provision in their new collective bargaining agreement (CBA) – the salary budget (cap) would increase if MLS’ broadcast revenues increased “above the amount generated by the league in 2022 plus $100 million.”…
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Former CLO at NCAA Joins Board of Startup, Invests in Pro Team

In anticipation of closing its Series-A funding round, CheckN (www.checkN.com), a new Social Utility App that claims it “is changing the way brands, celebrities and venues engage fans,” has appointed a new member to its board. Specifically, it announced the addition of sports, business, and government executive Donald Remy, who is widely-known for over a…
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Maryland’ Sports Business Management Program Gets a Major Endowment

The University of Maryland Robert H. Smith School of Business is has announced that alumnus Stephen M. Schanwald ‘77, former Executive Vice President of Business Operations with the Chicago Bulls and a trailblazer in sports marketing, has given an $8 million gift to establish the Stephen M. Schanwald Sports Management Program. The gift is part…
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Sports Law Professor Quoted By NBC News in Article About Mets’s Ambition to Compete with Yankees

Mark Conrad, who directs the sports business concentration and is a professor of law and ethics at Fordham University’s Gabelli School of Business, was quoted by NBC News in an article the media outlet wrote about the New York Mets ambition to compete with the New York Yankees. The journalist suggested that “a region’s second-place franchise…
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