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The Latest Breaking News from Jeffrey Kessler

Fiery texts from Michael Jordan, NASCAR executives disclosed in NASCAR antitrust battle

NASCAR and two teams, 23XI Racing and Front Row Motorsports, have clashed in federal court over antitrust allegations

The Independent UK

23XI and FRM denied rehearing in major blow, could lose charters by next week

The lawsuit between 23XI Racing, Front Row Motorsports, and NASCAR is set for December 1st, but another legal battle between the parties has been raging in the meantime. Here's how we all got to this point:

Motorsport

23XI and FRM make final effort to save charters, claim ruling sets "dangerous precedent"

23XI Racing and Front Row Motorsports are on the precipice of losing their charters mid-season in a legal loss that would cause an immediate financial hit for the two multi-car organizations.

Motorsport

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Attorneys in NCAA antitrust case to share $475M in fees, with potential to reach $725M

The attorneys who shepherded the blockbuster antitrust lawsuit to fruition for hundreds of thousands of college athletes will share in just over $475 million in fees and the figure could rise to more than $725 million over the next 10 years

The Independent UK

23XI and FRM likely to lose NASCAR charters after major loss in U.S. Court of Appeals

In a contentious hearing on May 9th, the United States Court of Appeals (in Richmond, Va.) heard arguments from the lead attorney for both NASCAR and the race teams as the sanctioning body aimed to overturn the preliminary injunction granted to 23XI Racing and Front Row Motorsports in December of last…

Motorsport

US Reverses Biden-era Export Controls On Advanced AI Chips

The United States rescinded further export controls Tuesday on advanced computing semiconductors, answering calls by countries that said they were being shut out from crucial technology needed to develop artificial intelligence.

International Business Times

Judge warns 23XI and FRM "you can't have your cake and eat it too"

23XI Racing and Front Row Motorsports faced off with NASCAR on Friday in the latest war of words as this tense legal battle continues. It was Judge Paul Victor Niemeyer, Judge Steven Agee, and Judge Stephanie Thacker listening to oral arguments in the United States Court of Appeals located in…

Motorsport

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House Settlement Still on Track for Approval, but Delayed at Least a Week for Tweaks

Roster limits, future class members and payouts were the main sticking points for Judge Claudia Wilken during Monday’s hearing.

Sports Illustrated

Senate Banking backs McKernan’s nomination for CFPB director - Roll Call

The Senate Banking Committee backed a nominee to lead the Consumer Financial Protection Bureau who has pledged to keep the agency open.

Roll Call

College Sports Lawsuit Settlement Impacts Roster Limits For Players

Objections raised against NCAA lawsuit settlement focusing on roster limits in Olympic sports and compensation issues.

Top News

Daytona 500 Delayed Due To Rain, Teams Hire Lawyer

Discover the latest updates on the Daytona 500, featuring delays, notable figures, and ongoing negotiations between NASCAR and teams. Explore the resilienc...

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Sports Illustrated

Understanding Russell Wilson Benching, Broncos’ Contract Ultimatum

Our Business of Football analyst draws on his experience negotiating NFL deals to look at what happened between Denver and its quarterback.

The Independent UK

New antitrust lawsuit against NCAA seeks millions in damages

The attorneys who beat the NCAA in the Supreme Court have filed a new class-action antitrust lawsuit against the association and the five wealthiest college sports conferences

Sports Illustrated

What Union Lawyers Told the NFL Before Watson Settlement

A letter sheds light on why the NFL settled with Deshaun Watson, including owners’ past misdeeds, Roger Goodell’s predicted outcome, and Ben Roethlisberger.

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