Sports
For more than 30 years, McDermott Will & Schulte has represented owners, investors, players, teams, and sports venues around the world in various leagues – including the Association of Tennis Professionals (ATP), Major League Baseball (MLB), Major League Soccer (MLS), National Basketball Association (NBA), National Hockey League (NHL), National Football League (NFL), and PGA TOUR – handling their most critical transactional and non-transactional matters.
With legal experience ranging from individual investments in teams and the purchase and sale of franchises, to solving critical tax, real estate, intellectual property, and employment matters, we leverage top-tier M&A, tax, and estate planning lawyers to deliver a client-centric approach while solving your most complicated matters in the rapidly evolving sports world.
Additionally, our tax and private client lawyers regularly advise investors, professional athletes, family groups, and business owners on sports-related transactions, tax, and estate planning matters to maximize tax benefits.
- Aditya Mittal and the trustees of the family trusts in the consortium led by William Chisholm to acquire the Boston Celtics
- Theresia Gouw, co-founder and managing partner of Acrew Capital, in her acquisition of an expansion franchise in the new professional volleyball league, Major League Volleyball, and in her equity investment in the Buffalo Bills
- Calvin Ford in connection with his acquisition of a controlling stake in Livingston Football Club and minority equity investment in SSV Ulm 1846
- Monumental Sports & Entertainment (MSE), the owner of the Washington Capitals and Washington Wizards, in connection with an:
- equity investment by Qatar Investment Authority (QIA), which represented the first investment by a sovereign wealth fund in US professional sports teams, including subsequent investments in MSE by QIA
- equity investment by Arctos Partners
- equity investment by Jeff Skoll, former eBay president
- revolving credit facility with a syndicate of lenders