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Home > Cleveland's Sports Dealings a Boon to Skadden, Regional Firms

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Cleveland's Sports Dealings a Boon to Skadden, Regional Firms

January 17, 2013

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Brodkin and Einbinder were part of a team of in-house lawyers advising Fox Sports last year on its $6.8 billion deal with Turner Broadcasting System to televise MLB games through 2021. In August, Covington & Burling represented the league on its own eight-year, $5.6 billion broadcast rights deal with ESPN.

Despite worries about regional sports networks being potentially overvalued, for the time being they continue to remain all the rage. When Major League Baseball's New York Yankees sold a 49 percent stake in the YES Network for roughly $3 billion to News Corporation late last year, seven Am Law 200 firms were on hand to provide legal counsel, according to our previous reports. 

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Firms mentioned

    
  • Akerman Senterfitt
  • Covington & Burling
  • Foley & Lardner
  • Proskauer Rose
  • Roetzel & Andress
  • Skadden, Arps, Slate, Meagher & Flom
  • Squire, Sanders & Dempsey
  • Wachtell, Lipton, Rosen & Katz
  • Wilmer Cutler Pickering Hale and Dorr

Companies, agencies mentioned

    
  • YES Network
  • Fox Sports
  • Thrasher, Dinsmore & Dolan
  • Fox Sports Media Group
  • Wachtell Lipton Rosen & Katz
  • Arps, Slate, Meagher & Flom
  • MetLife Inc.
  • ESPN Inc.
  • Major League Baseball
  • FirstEnergy Corp.
  • New York Jets
  • New York Giants
  • Jacksonville Jaguars
  • Allegheny Energy Inc.
  • Miami Dolphins
  • News Corporation
  • Cleveland Browns
  • Cleveland Indians
  • New York Yankees
  • Baltimore Ravens
  • National Football League
  • Dallas Cowboys
  • Turner Broadcasting System Inc.
  • The Walt Disney Company

Key categories

    
  • In-House Counsel and Corporate Law Departments
  • Law Firm Profitability

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