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Blazers Attract High-Profile Investors, Including Jennifer Gates and Richard Chaifetz
Daniel Render said the transaction shows Katten can navigate blockbuster sports deals for investors seeking franchise stakes.
- On Tuesday, March 31, 2026, the law firm Katten announced its representation of Marc Zahr and the Chaifetz Group in their acquisition of the Portland Trail Blazers.
- Controlling ownership of the team by the estate of Microsoft co-founder Paul Allen concluded with this transaction, marking a significant leadership shift for the professional sports franchise.
- "This transaction underscores Katten's ability to successfully navigate blockbuster deals for clients looking to invest in professional sports franchises," said Daniel Render, co-chair of Katten's Sports and Sports Facilities practice.
- Katten employs approximately 700 attorneys and advises Major League Baseball, the National Basketball League, the National Hockey League, and Major League Soccer across the United States and internationally.
- The Chaifetz Group, a single family office private investment firm, was recently represented by Katten in its minority investment in the San Francisco Giants, demonstrating the firm's ongoing relationship with the investor.
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Katten Advises Marc Zahr and the Chaifetz Group in Acquisition of Portland Trail Blazers
CHICAGO, March 31, 2026 /PRNewswire/ -- Katten announced today that it represented Marc Zahr and the Chaifetz Group, significant investors in the buyer group that acquired the Portland Trail Blazers. The complex deal meant the end to the controlling ownership…
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Total News Sources20
Leaning Left0Leaning Right1Center14Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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