Sports & Entertainment

A three year legal battle in federal district court between NBA superstar and former Duke University standout, Zion Williamson, and his former agent was brought to a close earlier this month in the Middle District of North Carolina.

As most American sports fans have tracked over the last several months, basketball star Brittany Griner was recently arrested, charged, convicted, and sentenced in Russia for drug offenses.

https://www.kaufcan.com/blog/sports-and-entertainment/when-athletes-transition-to-moguls/

It was announced that UCLA will receive a settlement payment in an amount of approximately $67.5 million from sports apparel manufacturer Under Armour to resolve a lawsuit stemming from the termination of a sponsorship deal.

As the world watches in awe at some of the staggeringly large NIL deals emerging in college sports, many have been equally surprised by which sports have garnered the most NIL attention and earnings.

In the past few weeks, there have been a handful of news reports regarding active or retired athletes’ off-court business interests, each of which has exhibited a good example of when athletes transition into moguls by turning their brands built on the court into off-court empires.

As discussed in previous posts, the purchase of Chelsea F.C. required approval from not only the Premier League but the U.K. government as Roman Abramovich, the selling owner of Chelsea F.C., is subject to the sanctions issued by the U.K. government on Russian individuals with ties to the Russian government. 

Understanding the current legal landscape for NCAA name, image, and likeness (NIL) agreements can be a challenge.

The takeover of Chelsea Football Club by a consortium involving Americans Todd Boehly and Mark Walters along with Swiss billionaire Hansjoerg Wyss looks to be held up in the U.K. government’s review and approval process. 

After retiring and then un-retiring this NFL offseason, Tom Brady added another wrinkle to his storied career as it was announced that he would join Fox Sports in the broadcast booth on a 10-year, $375 million deal after he finally retires from playing.