Player-owned fantasy sports game becomes official MLS partner
US law firm O’Melveny advised Sorare, the player-owned fantasy sports game, in a multi-year agreement that will make it the official non-fungible token (NFT) fantasy game of Major League Soccer (MLS).
As part of the deal, Sorare will launch NFTs for all MLS players.
The deal involves Sorare and MLS combining NFT collectibles with a free-to-play fantasy sports game to “drive long-term utility and value for NFTs on the platform and beyond”.
The O’Melveny team advising Sorare on this transaction was led by Chuck Baker (pictured, left), co-chair of O’Melveny’s sports industry group, and Amy Siegel (pictured, right), co-head of O'Melveny's entertainment, sports and media industry group. Counsel Alex Piarino also advised on the deal.