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Proskauer Rose LLP
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Jon H Oram
- Phone(212) 969-3401
- Email[email protected]
Work Department
CORPORATE
Position
Jon H. Oram is a partner in Proskauer’s Corporate Department, a member of the Sports Law Group and a member of Proskauer's Executive Committee. Jon has a broad-based transactional practice with an emphasis on clients in the sports industry, including teams, leagues, owners, financial institutions, corporate sponsors and private equity funds.
Since joining Proskauer, Jon has represented the National Basketball Association (NBA), the National Hockey League (NHL), Major League Baseball (MLB), Major League Soccer (MLS), the ATP Tour, the WTA Tour and various other sports leagues in their most significant transactional matters, including team ownership transfers, financings, expansions, relocations, bankruptcies and investigations. His experience includes representing MLB in connection with the Los Angeles Dodgers' television negotiations and bankruptcy proceeding, counseling MLS in its negotiations with David Beckham and all of its recent expansion transactions, and advising the NBA in the formation of NBA China, L.P. and its $253 million private placement. Jon is also serving as the primary outside counsel to Los Angeles 2028 in connection with its successful bid to host the 2028 Olympic Games.
In addition, Jon regularly advises professional sports teams, including the Philadelphia Eagles, the New York Jets, the Jacksonville Jaguars, the New York Yankees, the San Diego Padres, the Washington Nationals, the Houston Astros and FC Barcelona in a wide array of corporate matters, including team acquisitions, secured and unsecured financings, employment contracts with coaches and other key executives, and the sale of telecast, naming rights, sponsorship, seat license, apparel, Internet and other new media rights. Recently, Jon represented an ownership group led by the O'Malley and Seidler families in their purchase of the San Diego Padres for $800 million. In 2011, he advised Jim Crane and his partners in their acquisition of the Houston Astros and Shahid Khan in his purchase of the Jacksonville Jaguars.
Over the past two decades, Jon has counseled a variety of teams, leagues and owners seeking to develop new stadiums, arenas and other sports facilities. He has worked with, among others, the Eagles with the lease and development of Lincoln Financial Field, the Jets with regard to the financing of MetLife Stadium, the New Jersey Devils in their efforts to construct and finance the Prudential Center, and NBA China in negotiations with Anschutz Entertainment Group and to develop and operate the Mercedes-Benz Arena in Shanghai.
Jon has also advised clients on many of the largest naming rights transactions in history, including the Jets and Giants in their $400 million naming rights deal with MetLife and Levi Strauss & Co. in its $220 million deal to name the 49ers’ new stadium in Santa Clara, California.
Jon also represents both borrowers and financial institutions, such as JPMorgan Chase, Goldman Sachs, Wells Fargo, Citibank, and U.S. Bank, in financing transactions that involve teams and other sports properties. These have included the NBA's $3.6 billion league-wide credit facility, a $650 million bond issuance by an affiliate of the Jets, and a $450 million senior secured credit facility to fund the acquisition of the Chicago Cubs and Wrigley Field.
In 2012, Jon was inducted into the SportsBusiness Journal's Hall of Fame after being named one of the "Forty Under 40" most influential executives in the sports industry for 2008, 2009 and 2012.