The Deal: Investor Group Nabs Seattle NHL Expansion Team

December 05, 2018

O’Melveny advised film producer Jerry Bruckheimer and other individual investors who won a bid to form an NHL expansion team in Seattle. The team is expected to hit the ice in the 2021-22 season.

“The [Seattle deal] is evidence of the continuing trend of private equity, hedge fund and financial professionals investing in major European and U.S. sports,” said co-chair of O’Melveny’s sports group, Chuck Baker, who led the team. “They can bring their financial acumen to bear in building successful franchises in established leagues.”

The O’Melveny team also included counsel Alex Roberts, and associates Vince Ferrito and Chris Anderson.