Jason Krochak, P.C.
Overview
Jason is an incredible problem-solver and true thought partner. - Chambers USA
Jason Krochak is a corporate partner in the New York office of Kirkland & Ellis LLP and a leading force at the intersection of sports, media and gaming. With a dynamic and wide-ranging corporate practice, Jason has built a reputation as a go-to advisor for some of the most sophisticated and high-profile players shaping the global sports ecosystem.
Jason represents an elite roster of clients, including private capital firms, professional sports teams and owners, leagues, college conferences, financial institutions, sportsbooks and other strategic industry leaders. His work spans the full spectrum of complex, high-stakes transactions — ranging from acquisitions, joint ventures and league expansions to financings, governance matters and cutting-edge commercial arrangements, including naming rights, sponsorship, media and licensing deals. Known for his commercial instincts and ability to navigate multifaceted transactions, Jason is a trusted partner to clients operating at the forefront of the industry.
He serves on the Advisory Board of Legal Outreach, an organization that prepares urban youth from underserved communities in New York City to compete at high academic levels. In partnership with Legal Outreach, he created the “Sports, Business and Law” clinic, an annual program in which eighth-grade students participate in a mock NBA Expansion Workshop.
Recognized for his industry-defining work in sports, Jason is a three-time Sports Business Journal “Forty Under 40” honoree and Hall of Fame inductee, joining some of the most influential executives in sports. He is also ranked in Chambers USA and has been named one of The Hollywood Reporter’s Top Sports Lawyers and Forbes’ Top Lawyers.
Experience
Representative Matters
Corporate Transactions
- KKR in its acquisition of Arctos
- Cleveland WNBA in its purchase of a WNBA expansion team and Monarch Collective’s investment in the team
- Investors in minority investments in the Las Vegas Raiders
- Sixth Street in its minority investment in the New England Patriots
- Byron Deeter in the purchase of a minority stake in the San Francisco 49ers*
- Philadelphia Eagles in the sale of limited partnership interests to new investors*
- Buffalo Bills in the sale of minority equity interests to Arctos and other investors*
- Patrick D. Bowlen Trust in the sale of the Denver Broncos to the Walton-Penner family*
- MLS in the league-controlled sale of Real Salt Lake to a group led by David Blitzer*
- Bruin Capital in the acquisition of Full Swing Simulators, a golf simulator and sports technology company*
- Ownership of the Carolina Panthers in the sale to David Tepper*
- Ownership of the Miami Marlins in the sale to a group led by Bruce Sherman and Derek Jeter*
- Alan Kestenbaum in an investment in the Atlanta Falcons*
- Investor in the Josh Harris group’s purchase of the Washington Commanders*
- Investors in the purchase of minority stakes in MLB’s Athletics and the Chicago White Sox*
- MLS in its grant of expansion teams to New York, Orlando, Atlanta, Los Angeles, Minnesota, St. Louis and Charlotte*
- MLS in its grant of an expansion team to Columbus and the relocation of the existing Columbus team operator to Austin*
- MLS in its acquisition and shutdown of Chivas USA*
- Olympique Lyonnais Groupe in its acquisition of National Women’s Soccer League club Seattle Reign FC and its subsequent sale of the Club to Carlyle and the Seattle Sounders*
- The Madison Square Garden Company/Counter Logic Gaming in its acquisition of a franchise in League of Legends’ North American eSports league*
Sports Betting and Gaming
- Railbird in its sale to DraftKings
- Simplebet in its sale to DraftKings*
- FanDuel in its naming rights and media partnership with Diamond Sports Group and related equity arrangements*
- FanDuel in a Canadian media and sports wagering partnership with Bell Media related to TSN Networks*
- Casino Metro in a Puerto Rico sports betting joint venture with Caesars Sportsbook*
- Washington Nationals in exclusive market access and sponsorship agreements with BetMGM, including the opening of a BetMGM Sportsbook connected to Nationals Park and the launch of a mobile betting app*
- The Stars Group in its media and sports wagering partnership in the U.S. with FOX Sports, including the launch of sports betting platform FOX Bet*
- Cleveland Browns in Ohio sports betting market access and sponsorship agreements with Bally’s Interactive*
- Columbus Crew in Ohio sports betting market access and sponsorship agreements with Tipico Sportsbook*
- Hard Rock Digital in its betting data and streaming agreements with Genius Sports and Sportradar*
- PGA of America in agreements for IMG Arena to serve as the exclusive global provider of betting data and live streams for the PGA Championship and the Ryder Cup*
- PGA of America in its PGA Championship sponsorship agreement with ESPN BET*
Other Significant Transactions
- MLS in its agreements with Lionel Messi to play for Inter Miami FC*
- MLS in the creation of Leagues Cup with Liga MX*
- MLS in the creation of MLS Innovation Lab, its technology accelerator program*
- MLS in its deal with RCX Sports to launch “MLS GO,” a recreational youth soccer program*
- MLS in its agreement with On Location Experiences to sell 2026 FIFA World Cup hospitality packages*
- MLS in its agreement with NFT platform Sweet to launch a blockchain marketplace for MLS digital collectibles*
- MLS in commercial partnerships and/or equity arrangements with OneFootball, TOCA Football and Sorare*
- BIG EAST Conference in its media rights agreement with FOX, NBC and TNT Sports*
- All Elite Wrestling in a media rights agreement with WarnerMedia*
- RCX Sports in its deal with the NFL to operate the NFL FLAG youth football program*
- Levi Strauss & Co. in its stadium naming rights deal with the San Francisco 49ers*
- Minnesota Vikings in its stadium naming rights deal with U.S. Bank*
- The operator of the “BIKETOWN” bicycle-sharing program in Portland, Oregon, in its title sponsorship deal with Nike, Inc.*
*Prior to joining Kirkland
Prior Experience
More
Recognition
Chambers USA: Nationwide: Sports Law, 2024–2026
Lawdragon’s 500 Leading Global Entertainment, Sports & Media Lawyers, 2025–2026
Financier Worldwide, “Power Players Sport Sector,” 2025
Forbes “America’s Top Lawyers,” 2025
The Hollywood Reporter “Sports Lawyers Power List,” 2025
Chambers USA: Nationwide: Sports Law: Up & Coming, 2022–2023
The Legal 500 United States: Sports, 2022–2025
Sports Business Journal “Forty Under 40” Hall of Fame, 2024
Sports Business Journal “Forty Under 40,” 2021, 2023, 2024
Sports Business Journal Power Players: Outside Counsel, 2021
Law360 Rising Star: Sports & Betting, 2021
Memberships & Affiliations
Advisory Board, Legal Outreach
Advisory Board, Michigan Sports Business Conference
Co-Chair, Entertainment, Media, Intellectual Property & Sports Section, New York County Lawyers Association
Credentials
Admissions & Qualifications
- New York
Education
- Harvard Law SchoolJ.D.cum laude
- University of MichiganM.Acc.
- University of MichiganB.A.with Highest Distinction