Katten Advises Blue Owl HomeCourt Partners in Minority Interest Transaction with Cavaliers

A Katten team led by Sports and Sports Facilities Partner and Co-Chair Daniel Render acted as legal advisor to Blue Owl HomeCourt Partners' fund (HomeCourt), a division of Blue Owl's GP Strategic Capital platform in connection with its purchase of a minority stake in the Cleveland Cavaliers. HomeCourt, which partnered with the NBA in 2020 to explore investment opportunities with its teams, acquired equity interests in the Cavaliers and their accompanying assets. The transaction includes Rocket A