Outside Publication

Next Frontier for Sports Investing Is Developing Faster than its Regulations, Sports Business Journal

April 25, 2022

Partners Jack Concannon and Don Shelkey authored an article for Sports Business Journal about legal issues raised by the quick expansion of non-fungible tokens (NFTs) into the sports industry. “The rise of NFTs has pushed into the spotlight questions about ownership, how an item is valued, and the interplay between the physical, digital, and virtual worlds. It’s likely that sports investors clamoring for new memorabilia or a new revenue stream will monetize this market faster than regulators can create rules around it, which puts the onus on the individual and company to take a critical eye to all investments,” they wrote.

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