Category: financial

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United Football League Gets an Interesting New Financial Partner

Dynasty Financial Partners announced yesterday its new role as the Official Wealth Management Partner of the United Football League (UFL). This partnership unites two organizations “defined by bold thinking, entrepreneurial spirit, and a shared commitment to rewriting what’s possible — on the field and beyond,” according to a press release. The release continues below: A…
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Law Firm Announces Partnership with Saint Joseph’s University Athletics

Grungo Law, a personal injury law firm serving South Jersey and Philadelphia, has announced a new community partnership with Saint Joseph’s University Athletics. Richard Grungo Jr., Esq., Founder of Grungo Law and an alumnus of Saint Joseph’s University said of the partnership: “We’re extremely proud to partner with St. Joe’s. Standing with the community that’s…
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Law Firm Launches College Athletics and Private Capital Focus Group

Kutak Rock has announced the formation of its College Athletics and Private Capital Focus Group, a multidisciplinary team within the firm’s College Athletics Industry Practice Group, designed “to help colleges and universities navigate the rapidly changing landscape of collegiate athletics. “ Attorney John Long, a nationally recognized college athletics attorney who recently joined the firm,…
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Considering MLB Expansion

With Major League Baseball’s winter meetings in full swing, Wake Forest University professor, economics expert and baseball enthusiast Todd McFall looks at the options for an expansion in North Carolina through an economic lens. Charlotte and the Raleigh-Durham area are both strong contenders for a Major League Baseball expansion team. What is attractive about these…
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University of Utah Approves Private Equity Partnership for Athletics Programs

From Morgan Lewis: On December 9, the Board of Trustees of the University of Utah (Utah) unanimously approved a transformative partnership with New York-based private equity firm Otro Capital (Otro) expected to generate upwards of $500 million in capital for the university (consisting of the committed infusion from Otro and committed capital from donors). The…
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WHY PROFESSORS USE THIS RESOURCE IN SPORTS LAW CLASSES

Professors use Sports Litigation Alert in the classroom primarily to supplement textbooks with current, real-world case studies, fostering better in-class discussion and allowing students to apply legal concepts to up-to-date issues. Key benefits for a professor include: Currency of Information: Textbooks can quickly become outdated in the fast-moving field of sports law. The bi-weekly Alert provides timely summaries…
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A Growing Duty of Care; Is ‘Movement’ the New Vital Sign in Sport & Fitness?

A startup from Dublin, Ireland, believes the answer to that question is an emphatic, “Yes!” KineMo uses AI to accurately track and quantify in 3D the angles of an individual’s joints during exercise and rehabilitation, using video from any single camera. They believe that understanding and objectively measuring the movement competency of an athlete during…
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Sports Sponsorship Market Is Expected to Surge, Reaching US$ 8.73 Billion by 2032

A recent analyst has projected that the sports sponsorship market, which was valued at $73.8 billion in 2022, is estimated to reach $8.73 Billion by 2032, growing at a CAGR of 7.1% from 2023 to 2032. The term “sports sponsorship” is a contractual arrangement in which a firm or brand contributes money or other resources…
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Congressman Introduces Bill to ‘Stop Hedge Funds from Carving Up College Sports

Congressman Michael Baumgartner (WA-05), chair of the bipartisan College Sports Caucus and Vice Chair of the Higher Education Subcommittee of the Education and the Workforce Committee, has introduced H.R.5693, the PROTECT Act, “to prevent private equity from taking control of college sports or leveraging future athletics revenues and other assets as collateral for private and foreign…
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Hero Esports CEO Discusses the Keys for Industry Growth – From Esports and the Law

(Editor’s Note: the following is shared from Esports and the Law, a free publication to industry participants available at https://esportsandthelaw.com/) Hero Esports, the largest esports company in Asia, participated this winter in the LEAP Conference in Riyadh, Saudi Arabia, where Danny Tang, Co-Founder and CEO of Hero Esports, joined fellow panelists including HRH Prince Faisal…
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