Sports Finance

John Ventola, Kevin Simard, Lyman Bullard, Jim Kane, Andy Hickey
Pete Palladino, Doug Gooding

Representative Lenders/Investors

Bank of America
BV Investment Partners
Citibank
General Catalyst
John Hancock
JPMorgan Chase
PNC Bank
RBS Citizens NA
Sovereign Bank
SunTrust Bank
US Bank
Webster Bank     

Representative Teams

Baltimore Ravens
Boston Celtics
Boston Cannons
Boston Breakers
Kannapolis Intimidators
Mandalay Baseball
New Boston Garden Corp.
Portland Pirates
Richard Petty Race Team
America3 Foundation

Publications & Events

 

Sports Finance

"while maintaining a robust and varied practice, has particular strength in the retail and sports industries, and can offer litigation expertise alongside transactional prowess"

Chambers USA

Leader in Sports Financing    

Represent leading financial institutions, private equity investors and team owners in full range of financings, investments, acquisitions and stadium/arena projects.

Transaction Powerhouse    

Sports financings with proceeds over $8 billion.

Industry Knowledge    

Long-standing relationships with key personnel at leagues, teams and financial institutions and extensive knowledge of ownership and debt rules, media contracts and collective bargaining agreements.

Nationally recognized as one of the leading practices of its kind by US News & World Report.

Complex Transactions    

Highly experienced in complex sports transactions:

  • $1.4 billion Major League Baseball league-wide credit facility.
  • $165 million Florida Marlins ballpark construction financing (MLB).
  • $65 million Golden State Warriors acquisition financing (NBA).
  • $180 million Philadelphia Eagles stadium construction financing (NFL).
  • $120 million St. Louis Blues and Scottrade Center acquisition financing (NHL).
  • $120 million Philadelphia Phillies ballpark construction financing (MLB).
  • $185 million Baltimore Ravens restructuring financing (NFL).
  • $100 million New Boston Garden construction financing (NHL).
  • $60 million Boston Celtics credit facility (NBA).
  • $130 million Minnesota Wild and XCel Energy Center acquisition financing (NHL).
  • $65 million Boston Ventures acquisition of Richard Petty Racing (NASCAR).
  • $125 million Major League Baseball Advanced Media (mlb.com) financing.

Breadth    

Experts in wide range of financings arranged by lenders and investment banks, mergers and acquisitions, and general business matters for teams/event owners of:

  • American Hockey League
  • Arena Football League
  • Ladies Professional Golf Association
  • Major League Baseball
  • Major League Lacrosse
  • Minor League Baseball
  • NASCAR
  • National Basketball Association
  • National Football League
  • National Hockey League
  • PGA of America
  • National Women's Soccer League
 

Thank you for reaching out to contact Choate. Before you send your message, we wanted to make sure you are aware of the following. Please do not send any confidential information in response to this link. Sending an e-mail to Choate does not give rise to an attorney-client relationship, and will not be deemed to disqualify Choate from undertaking any engagement for a current or future client.  Before any attorney-client engagement may be formed, Choate will need to check for possible conflicts of interest, you will need to consider whether you wish to retain Choate as counsel, and we will need to consider whether we wish to accept the potential engagement. In the meantime, Choate reserves the right to represent parties with interests adverse to you.

AcceptDecline