 Wall Street Law Firms Invade Booming World of Pro Sports Deals

Wall Street Law Firms Invade Booming World of Pro Sports Deal

[{"selector":"#anim-026264b6-4061-451f-9021-53850b78b7b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-787170c0-6309-42fe-8b8b-7287c3668fe1","keyframes":{"transform":["translate3d(0px, 213.45037%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42db1e15-9761-45b3-8d77-b803a6fa5ee7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.43080346836682%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Wall Street legal firms are vying for billionaire buyers and sellers in the sports deals market.

[{"selector":"#anim-61d24b3f-be39-4af8-8a72-53270cf80684","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3100cb90-413e-486e-9228-595540688ad8","keyframes":{"transform":["translate3d(0px, 217.39776%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52f2fa20-70dc-4649-ba8f-33f24d23f3f1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-69.72249342380759%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] High franchise values attract wealthy investors seeking a fixed number of teams.

[{"selector":"#anim-00b8c285-6fe3-4e6b-af57-66031cd472d2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48cf584b-70c2-4c30-bd62-65517f32ea4c","keyframes":{"transform":["translate3d(0px, 171.74329%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0436ce51-f7f8-438d-bceb-482e348de11a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(41.91322314477198%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The new law firms are challenging a few companies who have long specialized in professional sports franchise transactions and still dominate the field.

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[{"selector":"#anim-4bfa4ae1-e1a2-4765-bb13-34c4a41bdc47","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-289d922c-709b-4a81-814c-cc837cf1b202","keyframes":{"transform":["translate3d(0px, 178.35648%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7de5492-293b-4f3b-ab51-4bc53bcd85ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Apollo Global Management billionaire founder Josh Harris sought advice from Davis Polk & Wardwell chair ,,,

[{"selector":"#anim-72028510-60bd-4862-9a85-6a5143f743b1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16edb51f-0a23-4e11-b023-7b6e4f6a1b48","keyframes":{"transform":["translate3d(0px, 278.96825%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39fbc224-0f14-42d7-8292-088b9b8d3ee4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-72.36374390813366%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] and managing partner Neil Barr for his record $6.05 billion bid.

[{"selector":"#anim-d8a8a766-25fd-4d76-b40f-df6339815345","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1aa5c83-8559-4a16-9b91-afc4abc2b79f","keyframes":{"transform":["translate3d(0px, 178.09826%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89dc0251-ea3b-43cb-b5a8-9b99fe476d23 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(53.63769503117533%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] “As deal sizes have grown and institutional capital has become more prominent, there is clearly a natural migration to firms like ours in the sports industry.

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[{"selector":"#anim-dd45665e-edc9-4585-9e8d-30da09652c69","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5ba3d273-f9f5-4382-b0ef-db912f0fbb9f","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

Wall Street Law Firms Invade Booming World of Pro Sports Deal

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