Sports Law UpdateSeptember 2016
Joe Tacopina and John Goldman Discuss the Business of Italian Soccer
Ciò una straordinaria performance! In Herrick client Joe Tacopina’s first season as owner of Venezia FC (@Veneziafclub), the club had a buzzworthy 25-3 championship season and earned a promotion to Italy’s Lega Pro.
In this Asset TV Video interview, Joe, and Venezia director and Herrick partner John Goldman discuss Italian soccer economics, the intriguing opportunities for sports investors in Italy, and the club’s journey toward Italy’s top Serie A league.
(Following the interview, Goldman and Tacopina held a summit with Venezia FC investors at Herrick’s New York office. Herrick is proud to be at the heart of (hopefully!) one of the greatest reclamation projects in Italian soccer history. Stay tuned!)
Terence Crawford Defeats Viktor Postol, Unifies Junior Welterweight Title
On July 23, Terence Crawford defeated Viktor Postol by unanimous decision at the MGM Grand Garden Arena, unifying two junior welterweight world titles and cementing his place as one of the country’s breakthrough boxing stars. If you missed the fight, which was promoted by our longtime client Top Rank and broadcast on HBO pay-per-view, HBO has a great recap of Crawford’s masterful performance.
After the Games, Rio’s Stadiums Won’t Rot – They’ll Transform
Despite the grand ambition of host cities, Olympic venues frequently wind up underutilized or abandoned after the games close. Case and point – see here for some haunting pictures of venues from Athens, Sarajevo, Beijing, Berlin, Helsinki and other host cities. But Rio has an entirely different plan for its venues – part of a vision Rio Mayor Eduardo Paes calls “nomadic architecture.” In this WIRED magazine article by Sam Lubell, Herrick’s Irwin Kishner comments on Rio’s plan to remove, rebuild and repurpose venue elements into schools, dorms, swimming centers and more.
September 27: The Name Game: Herrick’s Sports Sponsorships and Naming Rights Seminar
New York Jets general counsel Hymie Elhai, SportsBusiness Journal editor-at-large Terry Lefton and Under Armour sports marketing vice president Peter Murray will join us for a seminar on trends in sponsorships and naming rights transactions. A networking reception will follow. For more information, email Melissa Gundling.
Herrick’s Sports Law Group: Ahead of the Game
Many of the industry's transformative concepts — including regional sports broadcasting, pay-per-view telecasts and premium stadium experiences — were brought to life by Herrick clients who relied on our Sports Law Group to help them stay ahead of the game. Nationally ranked for excellence by Chambers USA, our sports lawyers advise on a wide range of corporate, real estate, tax, financing, IP, litigation, and restructuring matters.