Katten Advises Marc Zahr, Chaifetz Group in Trail Blazers Acquisition

Katten represented Marc Zahr and the Chaifetz Group as major investors in the buyer group that acquired the Portland Trail Blazers, ending an era in which the controlling interest in the team resided with the estate of Microsoft co-founder Paul Allen. The deal underscores the continued growth of institutional and family office investment in professional sports franchises, as well as evolving deal structures and investor expectations across major leagues. “This transaction demonstrates Kattenâ€