Last week, ESPN announced the sale of a controlling stake in its X Games sports event franchise to MSP Sports Capital, a New York-based private equity firm. ESPN will retain
ESPN Sells X Games to Private Equity Firm
Know the Law: Making Your Insurance Pay
Q: I have always believed that by paying for insurance coverage, I was buying peace of mind so I could make things right should an accident occur. Two years ago,
Name, Image, and Likeness: The Next Frontier for Sports Business
A replay of the October 27, 2022 Name, Image, and Likeness: The Next Frontier for Sports Business Seminar with presenters: McLane Middleton Attorney and Sports Practice Group Chair Joseph Morales,
EEOC Releases New Mandatory Workplace Poster
On October 20, 2022, the Equal Employment Opportunity Commission (EEOC) published a new poster entitled “Know Your Rights.” This new poster replaces the previous “Equal Employment Opportunity Is the Law”
NCAA’S Division 1 Board of Directors Unanimously Approves Clarifications to Interim NIL Policy
On Wednesday, October 26, 2022 the NCAA’s Division 1 Board of Directors unanimously voted to approve clarifications to its previously approved interim name, image, and likeness (NIL) policy. On June
Tom Brady, Kevin Durant, and Major League Pickleball
Count Tom Brady and Kim Clijsters as some of the current and former professional athletes that own pickleball teams. The Wall Street Journal recently reported their investment in Major League
Bronny James (LeBron James’ Son) Signs NIL Deal with Beats By Dre
Beats By Dre has signed its first high school Name, Image, and Likeness (NIL) deal and is partnering with Bronny James, son of LeBron James. Forbes reported the deal on
Department of Labor Proposes New Rule to Change Independent Contractor Classification…Again
In January 2021, during the final days of the Trump Administration, the Department of Labor issued a new rule regarding the classification of employees and independent contractors for purposes of
Pennsylvania High School Athletes Likely Able to Engage in NIL Activities Soon
Subject to an upcoming final vote in December, the Pennsylvania Interscholastic Athletic Association (PIAA) likely will authorize Pennsylvania high school athletes to participate in Name, Image, and Likeness (NIL) activities.
Penn State NIL Collective Expands Disability Insurance Offerings
According to this SportTechie article, the Penn State booster-collective, “We Are NIL,” recently offered total disability insurance coverage to more than a dozen additional Penn State football players. Last month,
Know the Law: Non-Profit Board and Charitable Donations
Q: I have been asked to join the board of directors for a local charity. My small business sponsors an annual fundraising event for the charity. Can I serve on
Oregon High School Athletes Can Benefit From NIL Deals
Earlier this week, the Oregon School Activities Association authorized high school athletes to benefit from their Name, Image, and Likeness (NIL). The Association’s new Rule 8.4.4 went into effect immediately.
The Climate Benefits of the Inflation Reduction Act Depend on Rapid Deployment of Clean Electricity Generation and Expanded Transmission
On August 16, 2021, coming on the heels of the bipartisan federal CHIPS and Science Act and the federal Infrastructure Investment and Jobs Act, President Biden signed the Inflation Reduction
Know the Law: Trade names vs. Trademarks – Fact or Fictitious Name
Q: I have registered a trade name for my business with the Secretary of State; do I still need to consider trademark protection with the US Patent and Trademark Office?
Call Your Expert . . . As Soon As Possible
Co-written by: Richard J. Maloney, Maloney & Kennedy, PLLC How do you add value for your clients? First, you need to know your limitations. Second, you need to seek guidance
Cyber Insurance Renewals Are Anything But Routine
Ten years ago, most businesses did not know that cyber insurance existed. Five years ago, still many had not yet purchased it. Now, every business knows, or should know, that