Posternak Blankstein & Lund LLP is now Arent Fox. Read the press release

Sports Financing

We Have Your Playbook
Arent Fox attorneys advise clients in connection with various financings, through public and private means, relating to the acquisition of professional sports teams and the development of arenas and stadiums, and the refinancing of teams, arenas, and stadiums.

Our Work

  • NBA Team: Representation of a NBA Team in connection with its participation in the NBA League Wide Credit Facility.
  • Verizon Center and Washington Wizards: Representation of Washington Sports & Entertainment Limited Partnership, DC Arena LP, and the Washington Wizards in connections with various financings, refinancings, and credit facilities, including with respect to Verizon Center and the Wizards’ participation in the initial NBA League Wide Financing Facility and numerous supplements and modifications to such Facility.
  • Charlotte Bobcats: Representation of the Charlotte Bobcats in connection with various credit facilities, including participation in the NBA League Wide Financing Facility.
  • Atlanta Hawks: Representation of the Atlanta Hawks in connection with participation in the NBA League Wide Credit Facility.
  • USTA National Tennis Center: Representation of USTA National Tennis Center in connection with bond financing transactions that provided capital for improvements to the USTA Billie Jean King National Tennis Center.