BakerHostetler’s sports practice group represented Mount Sinai Medical Center of Florida in negotiating a sponsorship and medical services agreement with Unrivaled LLC, the privately held company that developed, owns and operates a newly formed, professional, three-on-three women’s basketball league.
The endeavor, co-founded by current U.S. Olympians Napheesa Collier and Breanna Stewart, has garnered plenty of attention for offering a domestic opportunity for WNBA (Women’s National Basketball Association) players to compete during the offseason. It was built in collaboration with the sports’ biggest stars and boasts unique features such as the highest average salaries in women’s sports history, as well as all 36 initial players receiving equity ownership.
Mount Sinai Medical Center of Florida – the largest, private, independent, not-for-profit teaching hospital in the state – welcomed the opportunity to be involved with the league: Its services include board-certified and fellowship-trained sports medicine, primary care and other physicians providing expert care for the diagnosis, treatment and prevention of sports-related injuries.
Ron Gaither, Nicholas Simon and Yaima Seigley drafted and negotiated the sponsorship and medical services agreement necessary to provide certain services to the professional athletes in exchange for certain sponsorship benefits.
