Matters

University of Nevada, Las Vegas – $1.9 Billion Las Vegas Stadium Development

Representing the University of Nevada, Las Vegas, in negotiating a joint-use agreement with the NFL’s Las Vegas Raiders related to the development of the $1.9 billion Las Vegas Stadium.

Regional Sports Network – $660 Million Financing

Represented a leading regional sports network in amending and restating its senior secured credit facility into a $600 million term loan facility and a $60 million delay draw facility. The proceeds will be used to refinance existing indebtedness, redeem existing senior subordinated notes, and for working capital purposes.

Top Rank – Vasyl Lomachenkov v. Miguel Marriaga

Represented Top Rank in the production and broadcast of the Vasyl Lomachenko v. Miguel Marriaga bout, held on August 5, 2017 at the Microsoft Theater in Los Angeles.

Top Rank – Terence Crawford v. Julius Indongo

Represented Top Rank in the production and broadcast of the Terence Crawford v. Julius Indongo bout held at the Pinnacle Bank Arena on August 19, 2017 in Lincoln, Nebraska.

UFC – Mayweather v. McGregor Bout

Represented Ultimate Fighting Championship (UFC), as lead counsel, in the August 2017 Floyd Mayweather, Jr. v. Conor McGregor bout at the T-Mobile Arena in Las Vegas.

D.C. United – Audi Field Financing and Naming Rights

Represented Major League Soccer’s D.C. United in the construction financing and naming rights transactions for the club’s new state-of-the-art soccer-specific stadium in Southwest D.C., Audi Field.

Chicago Cubs – CBS Radio Broadcast Rights Agreement

Represented the Chicago Cubs in a multi-year radio license with CBS Radio to broadcast Cubs games on WBBM Newsradio 780AM. The radio license is part of a sports and entertainment partnership that also includes several promotional initiatives across all seven of CBS Radio's local Chicago radio stations and digital and social media platforms. Additionally, the partnership will create and produce live music events at or near Wrigley Field.

New York Racing Association – NYRA Bets National Betting Platform

Represented New York Racing Association in a joint venture formed to conduct the NYRA Bets national advance deposit wagering business.

Envy Gaming – Proposed Sale of eSports Business

Represented Envy Gaming in the proposed sale of a minority equity interest in the organization to a private equity firm consortium and an NBA franchise ownership group.

Lelands – Jim Brown’s NFL Championship Ring

Represented Lelands in litigation filed in New York federal court by former National Football League player Jim Brown regarding the recovery of a 1964 NFL championship ring alleged to have been stolen.

Top Rank – Floyd Mayweather, Jr. v. Manny Pacquiao

Represented Top Rank in the worldwide promotion of one of the biggest boxing matches of all time - the 2015 Floyd Mayweather, Jr. v. Manny Pacquiao fight at the MGM Grand in Las Vegas. The event was promoted by Mayweather Promotions LLC, Top Rank, Showtime Networks and HBO and telecast live to more than 150 countries outside of the U.S. and Canada.

New York Yankees – $1.5 Billion Stadium Financing

Represented the New York Yankees in the issuance of $1.5 billion in municipal tax-free and taxable bonds by the New York City Industrial Development Agency, which financed the lease and construction of the new Yankee Stadium. We drafted and negotiated the lease agreement for the new stadium, as well as ancillary real estate agreements pertaining to parking lots and garages; construction, demolition and insurance, and public transportation. We were also integrally involved in navigating the Yankees through the lengthy federal, state and local governmental permit and approval process.

New York Racing Association – Not-for-Profit Foundation

Represented New York Racing Association in the formation of a not-for-profit foundation.

Tampa Bay Lightning – Amalie Arena Naming Rights

Represented the National Hockey League's Tampa Bay Lightning in its arena naming rights agreement with Tampa Bay-based Amalie Oil Co.

Professional Baseball Team – Breach of Contract Litigation

Represented a professional baseball team in a purported breach of contract action by an office equipment leasing company seeking to hold our client liable for financial losses suffered by one of the plaintiff’s independent dealers.

Professional Baseball Team – Summary Judgment in Breach of Contract Dispute

Represented a professional baseball team in securing summary judgment in a federal court litigation arising from the breach of a multi-year advertising agreement with a mobile security firm. The court awarded our client $1.7 million, plus interest and late fees, as well as attorneys’ fees and costs.

Professional Baseball Team – Ticket Purchase Agreement Dispute

Represented a professional baseball team in resolving a dispute over a ticket purchase agreement.

Professional Baseball Team – Default Judgment in Advertising Agreement Litigation

Represented a professional baseball team in securing default judgment in litigation arising from a stadium vendor’s breach of an advertising agreement. 

National Hockey League Franchise – Syndicated Credit Facility

Represented a major U.S. commercial bank, as a lender, in a senior secured credit facility to the parent company of a National Hockey League franchise.

Legends Hospitality – International Stadia Group Acquisition

Represented Legends Hospitality in the acquisition of International Stadia Group, a London-based sports and entertainment company. The acquisition will extend Legend’s global capabilities and allow for growth opportunities in the EAME regions.

Acquisition of Israeli Basketball Team

Represented an asset management company in the proposed acquisition of an interest in a premier professional basketball team located in Jerusalem. The team has won several titles recently, including the EuroCup and the Israeli League championship.

Yankee Global Enterprises – Ownership Transfers

Represented Yankee Global Enterprises, as lead counsel, in connection with various ownership transfers involving the New York Yankees.

Joint Venture for Operation of Stadium Brewery

Represented a professional baseball team affiliate in a proposed joint venture with a leading European craft beer manufacturer for the operation of a brew pub at a major league baseball stadium.

MetLife Stadium – $650 Million Bond Placement

Represented a special purpose entity affiliate of the National Football League's New York Jets and the New York Giants, in a complex public financing for MetLife Stadium that involved the New Jersey Economic Development Authority and local government.

World Surf League – League Ownership and Operations

Represented a world premier surf league in negotiating and establishing league ownership, operations and core investment structures to maximize league value.

Lelands – Roberto Clemente Baseball Card Collection

Represented Lelands in pursuing monetary damages in a breach of contract action concerning the sale by a collector of a half-million dollar Roberto Clemente baseball card collection.

Legends Hospitality – Los Angeles Football Club Concessions Joint Venture

Represented Legends Hospitality in a joint venture with the Los Angeles Football Club (LAFC) to provide concessions services at the team’s new 22,000-seat soccer stadium to be constructed on the site of the Los Angeles Memorial Sports Arena. LAFC is scheduled to begin play in the new stadium in 2018. As part of the joint venture agreement, Legends initially operated the food hall that was on the site of the former arena.

Sterling Equities – Minor League Acquisition

Represented Sterling Equities in the purchase of the Syracuse Chiefs, a Triple-A minor league baseball team based in Syracuse, New York.

Sports Investor – Acquisition of Italy’s Venezia FC Soccer Club

Represented sports investor Joe Tacopina in soccer franchise acquisition and ownership matters including negotiating and structuring his exit as president and co-owner of the Italian soccer club Bologna F.C. 1909, and his ensuing acquisition of Venezia F.C. The Venezia F.C. acquisition will provide Mr. Tacopina with the opportunity to return the team -- and the City of Venice -- to Serie A, Italy's top division.

Top Rank – Martinez v. Lomachenko and Verdego v. Martinez

Represented Top Rank in the June 11 Rocky Martinez v. Vasyl Lomachenko super featherweight championship bout and the Felix Verdejo v. Juan Martinez lightweight championship bout at Madison Square Garden. Both matches were distributed by HBO.

Under Armour – NBA Marketing Partnership

Represented Under Armour, Inc., in a multiyear global sponsorship and apparel transaction with the National Basketball Association.

Regional Sports Network – High-Yield Note Offering Amendment

Represented a regional sports network in an amendment to an indenture with a U.S. bank concerning the issuance of $250 million in senior subordinated notes.

Top Rank – Manny Pacquiao vs. Jessie Vargas

Represented Top Rank in all television license agreements with U.S., Canadian and Puerto Rican pay-per-view and closed-circuit television distributors and exhibitors, as well as all international licensing agreements for the November 5 world welterweight championship between Manny Pacquiao and Jessie Vargas, held at the Thomas & Mack Center in Las Vegas.

Q4 America – Sports Apparel Startup

Representing Q4 America, a Los Angeles-based start-up performance basketball brand, in intellectual property matters related to the development of a new brand of sneakers, sponsorships, athlete endorsements and capital raises.

World Surf League – Surfer Publicity and Licensing Rights Agreements

Represented the World Surf League in the negotiation and development of a form surfer agreement for the licensing of merchandise, and media and promotional matters for all professional surfers competing in the WSL Championship Tour.

Yankee Global Enterprises – 21st Century Fox Acquisition of YES Network

Represented the New York Yankees and Yankee Global Enterprises in 21st Century Fox's multi-billion dollar acquisition of a majority stake in the Yankees Entertainment and Sports Network (YES Network). The two-step acquisition raised 21st Century Fox's ownership position in the regional sports network to 80 per cent. The remaining 20 per cent stake continues to be held by Yankee Global Enterprises.

Dallas Cowboys Affiliate – New Media Platform

Represented Blue Star Operations Services, an affiliate of the Dallas Cowboys, in building out their new media platform.

$625 Million Secured Term Loan Facility

Represented a leading regional sports network, as borrower, in amending and restating its senior secured term loan facility into a $625 million term loan facility. The proceeds were used for working capital purposes

Regional Sports Network – $24 Million Equipment Lease Financing

Represented a leading regional sports network in a $24 million equipment lease financing facility provided by Banc of America Leasing & Capital and in a subsequent amendment to the facility. 

Major League Sports Team – Dismissal of False Advertising Class Action

Successful defense of a major league professional sports team, obtaining pre-motion dismissal of all claims in a high-profile putative class action alleging deceptive trade practices and false advertising in connection with a very large sale of memorabilia.

New York Racing Association – Integrity Counsel

Representing New York Racing Association (NYRA), as Integrity Counsel, in assisting NYRA’s Board of Directors and management in ensuring that NYRA, its officers, employees and operations comply with all the applicable laws and regulations of New York Racing, Pari-Mutuel Wagering and Breeding Law §206(5), and AML and Patriot Act concerns. NYRA holds the exclusive right to conduct racing and pari-mutuel wagering at Aqueduct, Belmont Park and Saratoga Race Courses. We are also assisting NYRA on general corporate and tax-related matters.

Legends Hospitality – One World Observatory IP Rights

Represented Legends Hospitality in the review, assessment and protection of intellectual property rights in various unique One World Observatory visitor installations, including the Sky Pod elevators with wrap around video displays, the See Forever Theater and the City Pulse interactive display.

Legends Hospitality – DraftKings Investment

Represented Legends Hospitality in its equity investment in DraftKings, a leading provider of daily fantasy sports contest services.

Legends Hospitality – Live Nation Strategic Partnership

Represented Legends Hospitality in a major strategic partnership with Live Nation to provide concession services at 34 of Live Nation's music venues in North America. The partnership represents one of the largest venue food and beverage contracts in history.

Sports Investor – Lexington Legends MiLB Acquisition

Represented a sports investor in the acquisition of the Kansas City Royals' Class A affiliate Lexington Legends, and the team's home stadium, Whitaker Bank Ballpark.

Baseball Franchise – Term Loan Facility

Represented a major league baseball franchise in a $4 million unsecured term loan facility provided by a national bank. The proceeds will be used to pay various fees and expenses related to the facility and to finance certain projects.

Yankee Global Enterprises – Compensation Plans

Represented Yankee Global Enterprises in the establishment of executive compensation plans.

Sports Investor Group – Buffalo Bills Acquisition Bid

Represented a final round bidder, a consortium of high-net-worth individuals and institutional investors, in the proposed acquisition of the National Football League's Buffalo Bills, and in related stadium issues and compliance matters with the NFL constitution.