Lawyers from Hogan Lovells, Katten Muchin Rosenman, Latham & Watkins, and Skadden advised on two major sports deals announced Thursday, the sales of the National Hockey League’s Tampa Bay Lightning and assets including the Professional Bull Riders league.
The transactions highlight Big Law’s growing interest in professional sports, where assets are surging and private equity is playing a larger role.
The NHL’s Lightning announced control of the team will switch in three years from current chairman and governor Jeff Vinik and Vinik Sports Group to a group of investors led by Doug Ostrover and Marc Lipschultz, the co-heads of private ...
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