Smiling Christopher McLean in a suit

Christopher L. McLean

Member
Member | Chair of Sports & Entertainment

Legal Assistant:

Holly Vegh | 757.624.3233 | email

Admissions

Virginia | Maryland

Overview

Christopher McLean specializes in employee stock ownership plans (ESOPs), sports and entertainment law, and corporate transactions, delivering strategic counsel to business owners, athletes, entertainers, and executives seeking sophisticated legal solutions for complex ownership transitions and wealth preservation.

Christopher is a Member and key leader at Kaufman & Canoles, where he chairs the Sports & Entertainment Team and serves as Chair of the Firm’s Technology Committee. He delivers strategic legal counsel that seamlessly integrates corporate law expertise with specialized knowledge in employee ownership transitions and sports & entertainment industry deals.

Christopher's unique approach combines sophisticated corporate governance with innovative succession planning, helping clients navigate complex transactions while maximizing value and minimizing risk.

Christopher partners with forward-thinking business owners, corporate executives, athletes, entertainers, and high-net-worth professionals who demand sophisticated legal strategies. He guides corporations through transformative ownership transitions—from leveraged buyouts and stock repurchases to ESOP implementations—while helping individual clients structure compensation packages, endorsement deals, and estate plans that protect wealth and create lasting value. Whether it's a family business planning succession or a professional athlete negotiating a career-defining contract, Christopher provides the strategic insight that turns complex challenges into competitive advantages.

Christopher has built a distinctive practice at the intersection of corporate law, employee ownership, and sports & entertainment. His ESOP expertise encompasses the complete lifecycle—from initial design and implementation to ongoing compliance and optimization—representing both company sponsors and independent trustees. In the sports and entertainment arena, he leverages deep corporate and M&A experience to structure deals that protect clients' interests while maximizing opportunities. His estate planning practice is uniquely tailored to athletes, entertainers, and executives, ensuring that compensation structures and wealth preservation strategies work in concert to build and protect generational wealth.

As a Member of Kaufman & Canoles, Chair of the Sports & Entertainment Team, Chair of the firm’s Technology Committee, and Director of ESOP Strategies, LLC, Christopher leads from the front in two of the firm's most specialized practice areas. These leadership roles reflect not just his technical expertise, but his proven ability to deliver results in complex, high-stakes transactions. His dual leadership positions position him as the go-to attorney for clients who need both corporate sophistication and industry-specific knowledge.

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Christopher's track record spans fifteen years of successfully guiding clients through high-stakes transactions. His ESOP practice has facilitated over one hundred employee ownership transitions, representing companies ranging from 10-1,200 employees with valuations from $1.5 million to $250 million. These transactions have created substantial value for both selling shareholders and employee-owners, with close to a billion dollars in wealth transfer facilitated.

In the sports and entertainment sector, Christopher has negotiated professional contracts, endorsement agreements, business partnerships, production deals and professional sports league formations. His clients include professional athletes and coaches, professional sports leagues and teams, investors, and entertainment industry professionals.

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Representative Matters

ESOP Representative Matters:

Advised ESOP-owned government contractor on acquisitions of companies in values ranging from $25 M to $75 M

Represented ESOP-owned Shipyard staffing company in $220 M sale to private equity buyer

Represented ESOP-owned Navy Ship Repair Yard in $130 M sale to private equity buyer

Advised selling shareholders and board of directors of Aviation Training Module Manufacturer on ESOP feasibility and establishment of ESOP and sale of 100% of stock to the ESOP in $100 M transaction

Advised selling shareholders and board of directors of Navy Ship Repair Yard on ESOP feasibility and establishment of ESOP and sale of 100% of stock to the ESOP

Counseled Ship Painting and Blasting Company and shareholders in establishment of ESOP, sale of 100% of stock to ESOP for $52 M in Bank and Seller financed transaction; thereafter Company became tax exempt ESOP-owned S corp.

Merged two 100% ESOP-owned companies into holding company (and merged ESOPs) in order to take advantage of companies’ complimentary lines of work and client bases

Advised communications firm and shareholders in moving to 100% ESOP status, in transaction valued at $26 M

Represented board of directors in sale of 100% ESOP-owned international manufacturing company to a Fortune 100 strategic buyer for $135 M following auction process

Counseled trust company on long-term plan for ESOP to purchase minority interests from non-employee stockholders

Advised NASA contractor on establishment of ESOP and stock sale to ESOP in 1042 gain-rollover transaction

Counseled debt collection agency on establishment of ESOP and 100% stock purchase by ESOP

Organized tax-free corporate split-off of two operating subsidiaries from ESOP-owned company into separate ESOP-owned companies in order to maintain small-business government contractor status of each

Represented software company on plan of shareholder redemptions and ESOP stock contributions in light of company’s employee benefits and executive compensation strategy

Advised board of directors on sale of 100% ESOP-owned shipyard to private equity firm, and termination of ESOP thereafter

Structured sale of financial services firm to ESOP in a 1042 gain-rollover transaction

Sports Law Representative Matters:

Advised and represented professional sports leagues on entity formation, league negotiations with teams/franchises, and contract disputes

Represented local music festival in contract disputes

Advised on music festival risk management and independent contractor acquisition

Employment contract reviews and advisement for university coaches

Negotiated playing contracts for professional athletes

Negotiated endorsement deals for Olympic and professional athletes

Non-profit formation for club sports teams

Represented investors buying and selling minor league baseball and hockey franchises

Entity formation and representation of university-sponsored sports camp

U.S. Center for SafeSport and National Governing Body membership appeal representation

College and university scholarship and disciplinary appeals

Defense of student-athletes and college athletic department staff facing criminal charges

Represented investors in bids and development proposals for professional sports expansion franchises

Negotiated movie development deal for writers

Recognition & Honors

Honors & Recognitions

Virginia’s Legal Elite; Virginia Business Magazine, 2024-2025

Top Lawyers; CoVaBIZ Magazine, 2023, 2025

Articles Editor & Administrative Council; Richmond Journal of Law and Technology, 2009-2010

Associate Articles Editor; Richmond Journal of Law and Technology, 2008-2009

Press & Publications

News

Speaking Engagements

Community & Professional

Associations

Virginia Bar Association

The ESOP Association; Legislative & Regulatory Committee Member; Mid-Atlantic Chapter, Vice President - Legislative and Regulatory Matters; Executive Committee Member

Professional Services Council (PSC); Member

Exit Planning Exchange (XPX); Maryland Chapter Member

National Center for Employee Ownership (NCEO); Member

Northern Virginia Technology Council (NVTC); Member

Credentials

Education

University of Virginia; B.A., 2007

University of Richmond School of Law; J.D., cum laude, 2010

Beyond the Law

Away from practicing law, Christopher channels his leadership and strategic thinking into developing the next generation of athletes as a youth soccer coach with the Juventus Academy of DC Metro. His commitment to community impact extends through his role as founder and director of the non-profit Fino Alla Fine Foundation, where he works to remove barriers and create pathways for young athletes and coaches who face financial or logistical challenges in accessing soccer opportunities. This dedication to mentorship, strategic development, and creating access where none existed before reflects the same values Christopher brings to his legal practice—identifying obstacles, developing innovative solutions, and ensuring his clients have every advantage needed to succeed.

Presentations

Negotiating an ESOP Transaction: Review of the Term Sheet – October, 2024 & May, 2025

Exit Options for Business Owners – March, 2024

Succession Planning with Life Insurance – October, 2023

Practical Advice: Basics of Sports and Entertainment Law CLE – June, 2023

Navigating the Storm: Leadership During Crisis Situations – May, 2023

Practical Advice: Basics of Sports and Entertainment Law CLE – March, 2023

What Hat Am I Wearing? – March, 2023

Evaluating and Responding to Offers in a Planned Sale or Unsolicited Offer – November, 2022

Estate Planning for Rising Interest Rates and Required Minimum Distributions – October, 2022

What to Expect When Working With an Outside Board Member - September, 2022

How to Conduct an Engaging Annual Shareholders Meeting - May, 2022

Creating a Clean Board Member Job Description and Onboarding Process for ESOP Companies - March, 2022

Designing the President’s Performance Review - September, 2021

Understanding Board Litigation and Mitigation - June 2021

HR – What You Need to Know in the COVID Era  - September 2020

Designing the Company's President's Performance Review - March, 2020

Boards of Directors and Trustees Roles in ESOP Companies Part 1 - November, 2019

ESOP Company Governance 101 - September, 2019

SBA Loans for ESOP Transactions - April, 2019

ESOPS and Benefit Corporations - April, 2019

Distribution Dilemmas - March, 2019

Administration and Communication Committees: How to Create and Use Them Effectively – November, 2018

We’ve Just Completed our ESOP Transaction… Now What? - October, 2018

Key Executive Compensation in ESOP Companies - October, 2018

ESOPs in Business Succession and Estate Planning - April, 2018

ESOP Check-up: Legal and Valuation Considerations for Mature ESOPs - March, 2018

Boards of Directors' and Trustees' Roles in ESOP Companies: Part 2 (Advanced) - November, 2017

Protecting Your Company from Legal Problems - October, 2017

The ESOP's Role in Business Succession and Estate Planning - April, 2017

Process & Decision Making of the ESOP Administration Committee - March, 2017

Process & Decision Making of the ESOP Administration Committee - November, 2016

Executive Compensation in ESOP Transactions and ESOP Companies - October, 2016

Key Executive Compensation in ESOP Companies - September, 2016

ESOP Companies Advantage in Making Acquisitions - May, 2016

ESOP 101 (For Non-ESOP Companies) - March, 2016

ESOP 101 (For ESOP Companies) - March, 2016

ESOPs as Legacy and Liquidity Vehicles For Company Owners - September, 2015

The Impact of Plan Design and Operations on Ownership Culture - September, 2015

Boards of Directors' and Trustees' Roles in ESOP Companies - March, 2015

Distributions, Diversification, and Segregation Challenges - October, 2014

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