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January 24, 2026
Latham & Watkins Advises NFL Players Association in OneTeam Partners’ Recapitalization
1 min
AI-made summary
- OneTeam Partners has announced that HPS Investment Partners, Atlantic Park Strategic Capital Fund, and Morgan Stanley Tactical Value are joining as investment partners, replacing RedBird Capital Partners, who co-founded the company in 2019 with the NFL and MLB Players Associations
- The transaction aims to support OneTeam's growth and business diversification
- Latham & Watkins LLP advised the NFL Players Association on the deal, providing legal counsel across entertainment, equity investment, finance, and tax matters.
OneTeam Partners (OneTeam), the leader in commercializing group licensing rights of professional and collegiate athletes, has announced that HPS Investment Partners, Atlantic Park Strategic Capital Fund and Morgan Stanley Tactical Value are joining as investment partners. The syndicate replaces RedBird Capital Partners who founded OneTeam in 2019 alongside the NFL Players Association and MLB Players Association. This transaction positions OneTeam for its next chapter of growth, with significant opportunities to diversify the business and expand into new areas. Latham & Watkins LLP represents the NFL Players Association in the transaction with an entertainment, sports and media team led by Century City partner Adam Sullins, with associates Liliana Ranger and Omeed Anvar; and an equity investment team led by San Diego partner Nadia Sager, with associates Kristin Bisely and Giannina Marciano. Advice was also provided on finance matters by New York partner Kendra Kocovsky and Los Angeles partner Ted Dillman; and on tax matters by Century City partner Pardis Zomorodi.~~
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