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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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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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 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, 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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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, 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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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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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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