Wake Up Call: O’Melveny, Proskauer Advise on Record $2.3 Billion Sale of NFL Team

• O’Melveny & Myers advised billionaire hedge fund manager David Tepper in his proposed $2.3 billion deal to buy the National Football League’s Carolina Panthers. Proskauer Rose advised current owner Jerry Richardson Sr., who reportedly decided to sell the team after #MeToo allegations against him surfaced earlier this year. The price tag, the biggest ever for a sale of an NFL franchise, may have something to do with the recent U.S. Supreme Court decision on sports betting. ( American Lawyer ) ( Sports Business Daily ) ( Bloomberg via BLB )

• Reed Smith attorney Eric Dubelier lambasted special counsel Robert Mueller’s prosecutors in a court hearing over charges ...