Sports & Betting

  • June 06, 2024

    Dolby Labs Buying GE Licensing For $429M

    Dolby Laboratories Inc. said Thursday it has agreed to pay $429 million for intellectual property business GE Licensing, in a deal that will expand Dolby's existing licensing businesses with more than 5,000 GE patents covering the consumer digital media and electronics sectors.

  • June 06, 2024

    MNC Capital Ups Bid For Vista Outdoor To More Than $3B

    MNC Capital Partners on Thursday upped its bid to take over outdoor products company Vista Outdoor Inc. to over $3 billion after the company rejected MNC's previous buyout offers on multiple occasions due to its already-inked agreement to sell its sporting products division to Czech defense company Czechoslovak Group AS.

  • June 06, 2024

    Flaster Greenberg Launches Sports Law Practice Group

    Less than two months after launching an art law practice, East Coast firm Flaster Greenberg PC has opened a sports law practice group with a particular focus on women's sports.

  • June 06, 2024

    Deals Rumor Mill: Carl Icahn, Bill Ackman, Michael Bloomberg

    Carl Icahn invests in Caesars, Bill Ackman plans Pershing's public offering, and Michael Bloomberg joins prospective Timberwolves buying group. Here, Law360 breaks down the notable deal rumors from the past week.

  • June 06, 2024

    Turf Co. Says Ex-VP Stole Secrets Before Joining Rival

    A longtime sales executive at FieldTurf USA, one of the leading manufacturers of artificial turf sports fields, has absconded with confidential information about the company's customers and taken the information to an industry rival, according to a lawsuit filed in Georgia federal court Wednesday.

  • June 06, 2024

    Watford FC Fans Set To Score In Sale Of 10% Of Club

    English football club Watford has put 10% of the outfit up for sale for £17.5 million ($22.4 million) to fans and investors, in a bid to raise revenue and strengthen the squad.

  • June 05, 2024

    Denver Nuggets Owner Says Hot Dog Biz Owes $860K

    Billionaire Stan Kroenke's sports holding company, which owns the Denver Nuggets and other professional sports teams, sued a Denver-based hot dog shop chain in state court, alleging the food vendor owes more than $860,000 in sponsorship fees as part of a deal to promote its brand at Ball Arena during sporting events.

  • June 05, 2024

    Massive NFL Sunday Ticket Antitrust Trial Kicks Off In LA

    The California federal trial in a multibillion-dollar antitrust suit against the NFL by Sunday Ticket subscribers kicked off Wednesday with the seating of eight jurors and two alternates, after some potential jurors were eliminated for expressing strong views on former NFL quarterback Colin Kaepernick, player concussions and the league's significant wealth.

  • June 05, 2024

    Fubo Loses Bid To Toss Consumer's Privacy Suit

    Streaming service Fubo cannot escape a proposed class action alleging it unlawfully shared subscribers' personally identifiable information, or PII, with third-party advertisers, an Illinois federal judge ruled Tuesday.

  • June 05, 2024

    Judge Denies Fubo Bid For Texts On Streaming Bundle

    A New York federal judge on Wednesday denied FuboTV's bid to obtain text messages from executives at Disney, ESPN, Fox and Warner Bros. Discovery discussing the joint venture streaming plan at the heart of Fubo's ongoing antitrust suit.

  • June 05, 2024

    Fired Team Doctor Sues Emory, Falcons For Discrimination

    A former head medical physician for the NFL's Atlanta Falcons, who is Black, has filed a defamation and civil rights lawsuit against Emory Healthcare Inc. and the team, alleging he was continuously denied leadership opportunities in favor of white colleagues before abruptly being fired.

  • June 05, 2024

    Paddle Co. Misrepresented Pickleball Products, Suit Says

    The makers of the Joola brand, a major name in table tennis, falsely advertised many of their pickleball paddles, including some bearing athlete Ben Johns' name, as approved for tournament play in order to rapidly gain market share in the sport, according to a proposed class action filed in Florida federal court Wednesday seeking at least $5 million.

  • June 05, 2024

    Ill. Budget Has Higher Cap On NOLs, Sports Betting Tax Hike

    Illinois will extend a cap on corporate net operating loss deductions, increase its sports betting tax and reduce sales tax rebates for retailers under a $53.1 billion fiscal year 2025 budget signed Wednesday by Democratic Gov. J.B. Pritzker.

  • June 05, 2024

    US Tennis Wants Retrial After $9M Verdict In Sex Assault Suit

    The U.S. Tennis Association is pushing to undo a $9 million verdict over its failure to shield player Kylie McKenzie from her coach's sexual abuse, telling a Florida federal judge that the jury's decision is "against the weight of the evidence."

  • June 05, 2024

    ACC Fires Back At Clemson Dismissal Bid In Exit Fee Fight

    The Atlantic Coast Conference is looking to keep Clemson University locked in a North Carolina state court lawsuit over media rights and exit fees, saying the school is rehashing arguments raised by Florida State University in a parallel case that were already rejected.

  • June 05, 2024

    Billionaire's 'Naive' Stock-Trading Pilot Asks For No Prison

    A private pilot for U.K. billionaire Joe Lewis is asking for no prison time after pleading guilty to insider trading on stock tips provided by his boss, arguing that he has otherwise lived a law-abiding life and is less culpable than many white-collar defendants who've come through the Manhattan federal court.

  • June 05, 2024

    HanesBrands Selling Champion To Authentic For Up To $1.5B

    HanesBrands said Wednesday it has agreed to sell its Champion business to Authentic Brands Group for up to $1.5 billion, under the guidance of Kirkland & Ellis LLP and Jones Day.

  • June 04, 2024

    NBA-Tied NFT Co. To Pay $4M Over Buyers' Securities Claim

    A New York federal judge on Tuesday gave initial approval to a proposed $4 million settlement between the firm behind NBA-focused non-fungible tokens and a class of purchasers who accused the digital assets company of selling the digital assets as unregistered securities.

  • June 04, 2024

    Brooklyn Man Booked In Betting Scheme With NBA Player

    A Brooklyn man has been charged in New York federal court with conspiring to defraud a betting company through "prop" bets involving an NBA player who has since been banned from the league for life.

  • June 04, 2024

    Paramount Hit With $142.5M 'Lucha Libre' Lawsuit

    Paramount and Univision have been hit with a $142.5 million copyright lawsuit over allegedly continuing to broadcast masked "Lucha Libre" fights on Pluto TV, over a year after ending a licensing deal with a California company that markets the videos in the U.S.

  • June 04, 2024

    Ex-NFL Player Settles With Former Partner In Colo. Reptile Biz

    Former NFL player Chadwick Brown has settled a lawsuit with his former business partner in a Colorado reptile shipping company less than a month before trial, resolving allegations that Brown tried to strip the former partner of his stake in the company, according to a recently filed notice in state court.

  • June 04, 2024

    Bally Sports Parent Reaches Multiyear Fubo Carriage Deal

    The bankrupt owner of Bally Sports-branded regional sports networks told a Texas judge Tuesday that it has reached a multiyear agreement with fuboTV to continue that company's carriage of the debtor's channels on its streaming platform, adding to its roster of new distribution deals as a hearing on its Chapter 11 plan nears.

  • June 04, 2024

    Champion Sports Settles Hurdle Injury Suit With Athlete

    Champion Sports has settled claims that it sold a gym a defective hurdle that impaled a gym-goer after he failed to jump over it, according to documents filed recently in South Carolina federal court.

  • June 04, 2024

    Ohtani's Ex-Interpreter Cops To Stealing $17M From MLB Star

    Shohei Ohtani's former interpreter pled guilty Tuesday to bank and tax fraud charges in a packed Santa Ana, California, federal courtroom, admitting he stole nearly $17 million from the MLB superstar to help pay off massive gambling debts. 

  • June 04, 2024

    MLB Player Banned For Life For Betting Violations

    Major League Baseball has permanently banned San Diego Padres infielder Tucupita Marcano, and handed down a one-year ban to Oakland Athletics pitcher Michael Kelly and three minor leaguers, for betting on baseball, according to a Tuesday statement.

Expert Analysis

  • Pro Bono Work Is Powerful Self-Help For Attorneys

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    Oct. 22-28 is Pro Bono Week, serving as a useful reminder that offering free legal help to the public can help attorneys expand their legal toolbox, forge community relationships and create human connections, despite the challenges of this kind of work, says Orlando Lopez at Culhane Meadows.

  • Diamond Sports Cases Shed Light On Executory Contracts

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    Recent Texas bankruptcy cases involving telecast fees payable by Diamond Sports to certain Major League Baseball teams provide a window into the dynamic relationship that can develop between debtors and counterparties under some executory contracts, say Joseph Badtke-Berkow and Robin Spigel at Allen & Overy.

  • Series

    Playing In A Rock Cover Band Makes Me A Better Lawyer

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    Performing in a classic rock cover band has driven me to hone several skills — including focus, organization and networking — that have benefited my professional development, demonstrating that taking time to follow your muse outside of work can be a boon to your career, says Michael Gambro at Cadwalader.

  • Series

    The Pop Culture Docket: Judge Espinosa On 'Lincoln Lawyer'

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    The murder trials in Netflix’s “The Lincoln Lawyer” illustrate the stark contrast between the ethical high ground that fosters and maintains the criminal justice system's integrity, and the ethical abyss that can undermine it, with an important reminder for all legal practitioners, say Judge Adam Espinosa and Andrew Howard at the Colorado 2nd Judicial District Court.

  • Opinion

    Newman Suspension Shows Need For Judicial Reform

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    The recent suspension of U.S. Circuit Judge Pauline Newman following her alleged refusal to participate in a disability inquiry reveals the need for judicial misconduct reforms to ensure that judges step down when they can no longer serve effectively, says Aliza Shatzman at The Legal Accountability Project.

  • A Look At Competition Enforcers' 2026 World Cup Game Plan

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    Ahead of the 2026 FIFA World Cup, competition authorities of the host nations, the U.S., Mexico and Canada, have recently launched a joint initiative to police collusive schemes, setting an example for other countries' cross-border collaboration — so companies pursuing tournament opportunities should take note, say Carsten Reichel and Will Conway at Norton Rose.

  • Series

    ESG Around The World: Japan

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    Japan is witnessing rapid developments in environmental, social and corporate governance policies by making efforts to adopt a soft law approach, which has been effective in encouraging companies to embrace ESG practices and address the diversity of boards of directors, say Akira Karasawa and Landry Guesdon at Iwata Godo.

  • How And Why Your Firm Should Implement Fixed-Fee Billing

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    Amid rising burnout in the legal industry and client efforts to curtail spending, pivoting to a fixed-fee billing model may improve client-attorney relationships and offer lawyers financial, logistical and stress relief — while still maintaining profit margins, say Kevin Henderson and Eric Pacifici at SMB Law Group.

  • Opinion

    Judicial Independence Needs Defense Amid Political Threats

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    Amid recent and historic challenges to the judiciary from political forces, safeguarding judicial independence and maintaining the integrity of the legal system is increasingly urgent, says Robert Peck at the Center for Constitutional Litigation.

  • How Law Firms Can Use Account-Based Marketing Strategies

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    Amid several evolving legal industry trends, account-based marketing can help law firms uncover additional revenue-generating opportunities with existing clients, with key considerations ranging from data analytics to relationship building, say Jennifer Ramsey at stage LLC and consultant Gina Sponzilli.

  • How ESG Is Taking Women's Soccer To The Next Level

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    Several elite soccer teams sharpened their competitive edges for the 2023 Women's World Cup by focusing on environmental, social and governance issues at home, demonstrating that many industries can use the principles of ESG investing to identify opportunities to increase growth, improve performance and address stakeholders' desires, say attorneys at ArentFox Schiff.

  • Strategic Succession Planning At Law Firms Is Crucial

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    Senior partners' reluctance to retire, the rise of the nonequity partner tier and generational differences in expectations are all contributing to an increasing number of departures from BigLaw, making it imperative for firms to encourage retirement among senior ranks and provide clearer leadership pathways to junior attorneys, says Laura Leopard at Leopard Solutions.

  • What An NCAA Drug Test Change Could Mean For Cannabis

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    If the NCAA follows through with its decision to remove cannabis from its banned list of substances, it will affect college athletes, athletic directors, public relations employees, and marketing departments at universities and colleges, and it will have a significant economic effect on the cannabis industry, say Stanley Jutkowitz and Sydney Jenkins at Seyfarth.

  • Maximizing Law Firm Profitability In Uncertain Times

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    As threats of an economic downturn loom, firms can boost profits by embracing the power of bottom-line management and creating an ecosystem where strategic financial oversight and robust timekeeping practices meet evolved client relations, says Shireen Hilal at Maior Strategic Consulting.

  • The Case For Culture Assessments In Sports Programs

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    As hazing allegations against collegiate sports teams and subsequent lawsuits become more prevalent, culture assessments can be implemented as a critical tool to mitigate risks including hazing, lack of gender equity and racism in athletic programs, say attorneys at Squire Patton.

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