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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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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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 Key benefits for a professor include: Currency of Information: Textbooks can quickly become outdated in the fast-moving field of sports law.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 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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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 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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(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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The Premier Lacrosse League (PLL) and Women’s Lacrosse League (WLL) announced today a multi-year partnership with U.S. Bank, establishing it as the Official Banking and Wealth Management Partner of both leagues. The partnership, which begins with the 2025 season launching May 30, represents “a strategic investment in the growth of professional lacrosse.” Additionally, U.S. Bank…
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Proskauer has announced that it advised TGL presented by SoFi (“TGL”) in connection with the formation of its seventh team: Motor City Golf Club (“MCGC”). MCGC is the first expansion team for TGL, the primetime, team-based golf league founded by TMRW Sports together with Tiger Woods and Rory McIlroy, in association with the PGA TOUR,…
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A Katten team led by Sports and Sports Facilities Partner Daniel Render represented the Larry H. Miller Company (LHM) in acquiring a controlling interest in the operating rights to the Major League Soccer (MLS) club Real Salt Lake and the National Women’s Soccer League’s Utah Royals. The transaction includes the acquisition by LHM of a…
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