The Latest
The lawyer's take on today's biggest sports stories.
- Antitrust
The Senate's College Sports Bill Isn't About NIL. It's About Antitrust Immunity.
Athletes get codified protections. Schools get a cap backed by statute and a media-rights exemption. That's the trade.
- Governance
Apollo's Yankees Stake Might Already Be Over MLB's Cap
The Steinbrenners are selling at least 4%. Reporting puts Apollo's total position at 16%. MLB's own rule caps a single fund at 15%.
- Governance
The International Team Asked for Independence. The Tour Is Offering Permission.
The PGA Tour owns both sides of the Presidents Cup. Every change it has floated so far can be taken back by the Tour.
- Governance
Phil Mickelson's LIV Money Was Never Just $200 Million
He took equity over cash on a calculated bet. LIV's Chapter 11 filing is what that bet is worth now.
- Labor & CBA
Did the "Cohen Tax" work or backfire?
A mechanism built to make Steve Cohen's spending more expensive appears to have helped push the Mets' home run leader out the door -- and he hit a career milestone against them months later.
- Antitrust
Twenty-one eligibility suits, one motion, and a clock that does not care.
The NCAA wants the eligibility cases before a single judge. For an athlete suing for one more season, where the case sits is the case.
- Contract
Five of Miami's top six salaries aren't on the team.
The Dolphins are carrying an all-time record $182.29 million in dead cap. It was built on purpose.
- Gambling
The bettor isn't the licensee. That's why the review is of FanDuel.
Massachusetts puts the proxy-betting duty on the operator, and that placement decides who is actually exposed here.
- Labor & CBA
The Clippers didn't overpay Kawhi. They routed around the cap.
Four endorsement deals with companies doing business with the team, and a set of penalties that price the conduct rather than punish the contract.
- NIL
LSU's roster costs twice the cap. Both numbers are real.
The House settlement created an enforceable cap and an unlimited second track running beside it.
- Governance
"Does not set a precedent" is a drafting choice, not a disclaimer.
The PGA Tour wrote itself room to treat the next returning member differently. Whether it uses that room is still untested.
- Contract
The Browns aren't stuck with Watson. They're stuck with the restructure.
A cap-relief tool became the mechanism keeping Cleveland locked in.
- Ownership
The Lakers price isn't the story. The fund structure is.
Permanent capital rarely makes sense in venture. League governance is why it works here.
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