Seminar - 2 hours. The business of professional sports has evolved significantly over the past decade, driven by both urban development trends, along with an explosion in technology, and social change. These forces, along with others, have dramatically influenced the economic shape and arc of professional sports teams, which in turn impacts all aspects of professional sports. This course focuses on providing the students with a basic understanding of (1) how sports teams are legally structured, (2) the diversification of business lines (e.g., real estate, hospitality, non-profits, venture capital, marketing), (3) the role, structure, and importance of the arena/facility as the modern community campfire, (4) legal areas of focus (e.g., contracts, intellectual property, finance, legislation, and risk management), and (5) the cutting edge legal issues on the sports landscape today (e.g., music license rights and sports betting).
Law 215 Business Associations is recommended
Final Assessment: Paper
Grading Mode: Satisfactory/Unsatisfactory