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245.4 sec. 1 - Drafting and Negotiating Sports Law Contracts (Fall 2014)
Instructor: Richard Brand
"Drafting and Negotiating Sports Law Contracts"
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Meeting Time: Tu 6:25-9:05
Meeting Location: 10
Course Start: August 26, 2014
Course Control Number (Non-1Ls): 49685
This seminar focuses on the drafting and negotiation of certain sports law transaction documents. Examples of documents to be discussed in the seminar are suite license agreements, sponsorship agreements, naming rights agreements, sports team acquisition agreements and media rights agreements. This seminar is intended to be "hands-on" with all students having the opportunity to experience being a "sports law attorney." The class room environment is intended to simulate the experiences that a junior attorney would encounter in a law firm or corporate legal setting. The major emphasis of this seminar will be on how sports transaction documents are drafted, negotiated, revised and finalized. In addition to a discussion of some of the specific sports transaction documents and the drafting and negotiation techniques related to those documents, there will be general discussions of other sports law related issues. Depending on availability and timing, the seminar may also feature periodic sports practitioners (e.g., general counsel for professional sports teams or organizations) as guest speakers to discuss their sports law experiences and their perspective on some of the documentation covered by this seminar. There will be no exams but instead there will be a number of independent writing assignments which will require the students to draft transaction documents based on forms from actual sports transactions. The final assignment will be a group assignment consisting of drafting, negotiating and finalizing a sports transaction document. There will also be periodic negotiation sessions. Attendance at all class sessions is mandatory. Enrolled and waitlisted students must attend the first class meeting to be enrolled in the course and waitlisted students must continue to attend classes until they are either enrolled or until the final determination of their waitlist status is made. Late papers are subject to grading penalties. Class participation (quality not quantity), attendance, written drafting assignments, and the final negotiation/drafting assignment are the elements considered in determining the grade.
Rich Brand, a partner at Arent Fox LLP and chair of the Sports Practice Group, focuses on sports law, real estate and corporate transactions, e-commerce, hospitality and leisure, and partnership and corporate law. Rich is recognized as a leading sports attorney by Chambers USA and as a leading real estate attorney by Legal 500 and Best Lawyers. As noted by Chambers USA, “he is highly regarded for his expertise in representing both sellers and purchasers of sports teams” and “he brings tons of experience, and good business sense to the deal table.” Rich has represented numerous professional teams, including the Atlanta Hawks, Brooklyn Nets, Charlotte Bobcats, Cleveland Cavaliers, DC United, Los Angeles Galaxy, Los Angeles Kings, Los Angeles Lakers, Miami Dolphins, Miami Heat, New York Jets, San Francisco Forty Niners, Washington Capitals, and Washington Wizards. Rich’s sports law practice focuses on media rights, naming rights, acquisitions of professional sports franchises, sponsorships, arena/stadium licenses, executive contracts, concession agreements, suite and club seat licenses, and financings for teams and facilities. He speaks extensively on many aspects of sports, real estate and hospitality law at major industry conferences. He is frequently featured on the Yes Network’s Forbes SportsMoney sports talk show and has been seen on CNN, Fox News and other national video/television programs. Rich regularly guest lectures at prominent undergraduate and graduate Sports Administration programs.
This course satisfies the Skills Requirement.
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Instructor has indicated that no books will be assigned.