Simmons Bank的动态

Is Huntington Bank’s Deal for Browns Stadium More Than Just a Name? Huntington Bank just secured a 20-year naming rights deal for the Cleveland Browns Stadium, but could there be more happening behind the scenes? ?? Some are speculating that Huntington might not just be buying the rights to the name, but also financing the Browns’ future stadium—whether it’s a $1 billion renovation or a brand-new dome in Brook Park. If true, this deal could see Huntington deeply embedded in the Browns' financial future, from stadium loans to controlling credit card transactions for concessions and merchandise. And what about Mayor Bibb? His absence at the press conference might hint at a deeper conflict, as he’s pushing hard to keep the Browns downtown with a $461 million renovation proposal. Could the potential relocation to Brook Park have played a role in his decision not to attend? ??♂? We dive deep into the theories, what this deal means for Cleveland, and how Huntington might recoup its investment. Check out the full story for all the insights and join the conversation! #ClevelandBrowns #HuntingtonBank #StadiumDeal #BrownsStadium #NFLBusiness #ClevelandNews #BrownsNation #SportsBusiness #ClevelandSports #BehindTheScenes #BusinessOfSports #StadiumFinance #ClevelandUpdates #BankingAndSports #ClevelandEconomy #BrownsFans #TeamRelocation #BrownsFuture #NFLRumors #ClevelandLakefront Marcus Donald

Wall Street law firms are entering the sports deals market, challenging established rivals and bringing new competition to high-value transactions. The $6.05 billion sale of the NFL's Washington Commanders to Josh Harris, with Davis Polk & Wardwell at the helm, is a prime example. This shift is driven by soaring franchise values and the influx of institutional capital, making sports investments increasingly sophisticated and high-stakes. With 2023 seeing record-breaking sports-related deal values of $25 billion, investors can expect more complex transactions and heightened competition. This development points to major shifts within the landscape of sports investments, presenting numerous opportunities for strategic growth and collaboration. #SportsIndustry #SportsInvestments #WallStreetDeals #ProSportsMarket #FranchiseValuations?

In the fifth article of the series I have written for?LawInSport?summarising the legal issues discussed at their Global Summit 2023, I provide my key takeaways from the Commercial Developments panel. A variety of perspectives were provided by?Jeffrey Gewirtz,?Xavier Cuch Grases,?Arthur McAfee, III, Christopher R. Chase,?Steve Bainbridge and Jamie Andrew. There is notably unrelenting growth in the commercialisation of sport and I outline the discussions that took place in this panel on topics including American Football, diversity, media rights and eSports. Please do have a read if interested! #sportslaw?#footballlaw?#sportsbusiness?#sport?#athletes?#sportlaw?#law?#lawinsport?#americanfootball?#nfl?#mediarights?#esports

Spot the fakes, understand trademarks ?? Ray, a former trading standards officer sits down to explain how we helped the NFL. We continue to support the organisation as their brand protection partner, protecting them from the fakes out there. Understanding trademarks means keeping the money on track to where it should go. Listen more about Ray Bouch LLB (Hons) DTS DCA's story. #nfl #americanfootball #tradingstandards #trademarks #trademark

Spot the fakes, understand trademarks ?? Ray, a former trading standards officer sits down to explain how we helped the NFL. We continue to support the organisation as their brand protection partner, protecting them from the fakes out there. Understanding trademarks means keeping the money on track to where it should go. Listen more about Ray Bouch LLB (Hons) DTS DCA's story. #nfl #americanfootball #tradingstandards #trademarks #trademark

Is there financial fair play for sporting superstars? With problems of fraud and other malfeasance likely to increasingly concern financial advisors as money pours into sport, please see my recent article in Wealth Briefing (link in the comments).

Earlier this year, we had a new addition to the team, Tyler Phelps who is the Head of Product. Get to know more about Tyler and how team sports shaped him in his professional life. Click the comments section below to read his full blog.

?? Major Trade Alert: The Chicago Cubs have successfully acquired All-Star third baseman Isaac Paredes from the Tampa Bay Rays in a blockbuster deal. ? Isaac Paredes is making a significant return to his roots. How do you think this trade will impact the Cubs' performance this season? Share your insights and join the discussion!

?? The new PWHL jerseys are premiering today! ?? ?? Let's give Molson a slow clap on how they handled this sponsorship. "Covering our name so her's can be seen?" Come on! What could be more perfect? Prepare for all the kudos, Molson. By hiding your brand, your messaging will spread like wildfire, making your brand even more visible. Brilliant! ?? #brandstrategy #brandmessage #brandmessaging #pwhl #molson #sportsmarketing #sponsorship #marketingstrategy #marketingperformance #connection #audienceengagement #audiencetargeting #audienceconnection https://lnkd.in/d_V4J2B5

Joe Pompliano and his team always deliver the most fascinating insights! This latest contract dispute has the potential to shake up the sports business world. And if it goes to the Courts, a landmark decision might be on the anvil. The issue of intention and meeting of minds, or consensus ad idem, seems to be a primary sticking point in this dispute. It will be fascinating to see how it plays out in court. PS: Look out for Phantom Equity! #NBA #MinnesotaTimberwolves #contracts #sportslaw