Sean M. Monahan

Practice Group Leader - Finance & Restructuring

Sean Monahan, co-chair of Choate’s Finance & Restructuring Group, brings depth of experience and a business-oriented outlook to one of the preeminent sports law practices in the United States. He represents major financial institutions and teams in a range of high profile, complex commercial financing transactions.

Sean advises clients with team loans, stadium construction loans, securitizations, investment banking transactions, and general business matters involving member clubs of Major League Baseball, the National Hockey League, the National Football League, the National Basketball Association, Major League Soccer, NASCAR, and Minor League Baseball, as well as major college conferences. He has long-standing relationships with key personnel at leagues, teams, and financial institutions and his extensive knowledge of ownership and debt and securitization rules, media contracts, and collective bargaining agreements enables him to resolve even the most challenging issues for his clients.

Sean also represents banks and institutional investors in a full range of financings, including asset-based and cash flow financings.

Sean’s clients include Bank of America, JPMorgan Chase Bank, U.S. Bank, Citibank, Truist Bank, PNC Bank, and John Hancock.

Recognition

  • “40 Under 40 Legal Advisor” Award by The M&A Advisor
  • Massachusetts Super Lawyers “Rising Star”

Representative Engagements

  • Bank of America, as agent, for syndicate of banks in connection with “league-wide” revolving credit and term loan credit facilities established by the Office of the Commissioner of Major League Baseball for twenty-eight Major League Baseball Clubs.
  • Truist Bank, as agent, in connection with senior secured multi-draw construction term loan facility to Austin Arena Company, LLC in order to construct a new basketball arena on the campus of The University of Texas at Austin.
  • U.S. Bank, as agent, in connection with loan for the construction of a new stadium for FC Cincinnati.
  • Truist Bank, as agent and lender, in connection with a term loan facility to a “Power 5” college athletic conference.
  • JPMorgan Chase Bank, as agent and lender, in connection with a credit facility for the holding company of a National Football League team.
  • SunTrust Bank, as agent, in connection with a delayed draw term loan facility required to renovate Key Arena in Seattle, which will be used by a new NHL expansion franchise, the Seattle Kraken.
  • Citibank, as agent for syndicate of banks and syndicate of insurance companies in connection with the “league-wide” revolving credit and term loan credit facilities established by NHL US Funding, LLC for twenty National Hockey League Clubs.
  • Truist Bank, as agent, in connection with amending a syndicated multi-draw arena construction term loan facility in order to permit a Federal Historic Tax Credits equity financing.
  • JPMorgan Chase Bank, as agent, in connection with senior secured loan to be used for the acquisition of a Major League Baseball franchise.
  • John Hancock in connection with credit facility required to construct basketball arena for the Golden State Warriors.
  • PNC Bank, as agent, in connection with a senior secured revolving credit facility for a Major League Baseball team.
  • JPMorgan Chase Bank, as agent and lender, in connection with two revolving loan facilities to the equity holders of a National Football League team.
  • PNC Bank in connection with a credit facility for the Chicago Bears.
  • Truist Bank as administrative agent and lender in connection with a $400M revolving credit facility to Teradyne, Inc.
  • U.S. Bank, as agent, in connection with credit facilities established for the Chicago Cubs and its affiliates.
  • JPMorgan Chase Bank, as administrative agent and lender, in connection with a revolving credit facility for the holding company of a National Football League team.
  • JPMorgan, as agent, in connection with credit facilities established for the Seattle Mariners and its affiliates.
  • U.S. Bank in connection with credit facility used by Minnesota United Football Club to construct a new stadium in St. Paul.
  • SunTrust Bank, as agent, in connection with delayed draw term loan facility required to construct a new baseball stadium for the Texas Rangers.
  • Citibank, as agent, in connection with credit facility for the Las Vegas Golden Knights.
  • PNC Bank in connection with credit facility used by the Cleveland Browns to renovate FirstEnergy Stadium.
  • Bank of America, as agent, in connection with a credit facility for the Chicago Fire MLS team.
  • SunTrust Bank, as agent, in connection with delayed draw term loan facility required to construct a new baseball stadium for the Atlanta Braves.
  • Bank of America, as agent, in connection with credit facilities established for the St. Louis Cardinals and its affiliates.
  • Citibank, as agent, in connection with credit facilities established for Washington Capitals NHL team.
  • JPMorgan in connection with credit facility used by FC Dallas to construct the National Soccer Hall of Fame in Frisco, TX.
  • Bank of America, as agent, in connection with a credit facility for the DC United MLS team.
  • Citibank, as agent, for syndicate of lenders in connection with a credit facility for Roush Fenway Racing NASCAR team.
  • U.S. Bank, as agent, for syndicate of lenders in connection with a credit facility for the San Diego Padres.

Publications and Presentations

Professional and Community Involvement

  • Member of the Commercial Finance Association
  • Member of the Turnaround Management Association
  • Member of the Boston Bar Association
  • Member of the Massachusetts Bar Association

Education & Credentials

Cornell Law School
JD, 2004, magna cum laude,
Order of the Coif
Editor, Cornell Law Review
Bates College
BA, 1998, summa cum laude

Admissions

Massachusetts

U.S. District Court, Massachusetts

Sean's Insights