Ed Schauder is a partner in the Corporate & Business Law Practice and heads the Sports Law Practice at Phillips Nizer LLP. He has more than 30 years of experience handling complex corporate and finance transactions, and throughout his career, has also been intimately involved in both the legal and business side of the sports and entertainment industries. Ed advises clients in mergers and acquisitions, venture capital, public and private debt and equity offerings, PIPE transactions leverage buyouts, SEC compliance and general corporate planning.
In his sports and entertainment area of practice, Ed has conceived and implemented a unique concept in sports marketing. By forming entities made up of members of championship sports teams or professional athletes linked together by similar accomplishments, he created programs to protect and market their intellectual property, negotiating licensing, corporate sponsorships, endorsements and other agreements on their behalf, Ed has represented some of sport's most beloved and storied teams, including the 1969 Mets, 1977 Yankees and the 1980 U.S. Olympic Hockey Team. Ed specializes in matching companies of all sizes with athletes and professional sports leagues, and has negotiated numerous endorsement, sponsorship and licensing deals with iconic athletes and brands. He represents several renowned artists, athletes and technology companies in connection with the minting and sale of Non-Fungible Tokens (NFTs), including the analysis of related legal issues.
Prior to joining Phillips Nizer, Ed served as General Counsel and Executive Vice President of Licensing at Steiner Sports, the leading authority and producer of authentic hand-signed collectibles, and the official memorabilia provider of the New York Yankees, the New York Knicks, former New York Yankees captain Derek Jeter, New York Giants wide receiver Odell Beckham Jr., the New York Rangers, among others.
Ed is a contributing editor and writer for Professional Sports and the Law, has taught several CLE sports seminars for lawyers on Lawline and has been a frequent television and radio guest include appearances on Good Morning America, Richard French Live and WFAN radio.
Charitable and pro bono representations
•Board of Directors of the Jewish Community Relations Council of New York.
•Co-Founder of the not-for-profit Negro League Baseball Players Association and served as its General Counsel.
•General Counsel to the 2011 World Police and Fire Games, and was responsible for negotiating sponsorships, endorsements, licensing, marketing and venue agreements.
•President of the Free Synagogue of Flushing.
RECOGNITION
•Selected for inclusion in the Super Lawyers - New York Metro Edition (Business/Corporate) 2020, 2021
•2016 Ellis Island Medal of Honor recipient
News & Publications
Legal Alert - Securities Law - SEC Adopts Amendments to Exchange Act Rule 15c2-11 - February 2021
02/13/2021
On September 16, 2020, the Securities and Exchange Commission (the “SEC” or the “Commission”) adopted amendments to Rule 15c2-11 (the “Rule”) under the Securities Exchange Act of 1934 (the “Exchange Act”), which governs the publication of quotations for securities in a quotation medium other than a national securities exchange, i.e., over-the-counter (“OTC”) securities. Among other matters, the amendments require information about issuers to be current and publicly available for broker-dealers to quote their securities in the OTC market; narrow reliance on certain exceptions from the Rule’s requirements, including the piggyback exception; add new exceptions for the quotations of securities that may be less susceptible to fraud and manipulation; and remove obsolete provisions.
Legal Alert - Securities Law - SEC Adopts Amendments to Rules Governing Exemptions from Registration - January 2021
01/27/2021
On November 2, 2020, the Securities and Exchange Commission (the “SEC”) adopted a number of significant amendments to the rules under the Securities Act of 1933, as amended (the “Securities Act”), which govern the manner in which securities may be sold without registration under the Securities Act. The amendments will be effective commencing on March 15, 2021.
Legal Alert - Securities Law - Revisions to SEC MDA Rules - December 2020
12/23/2020
On November 19, 2020, the Securities and Exchange Commission (“SEC”) adopted significant amendments to the financial disclosure rules under Regulation SK of the Securities Act of 1933, as amended (the “Securities Act”).
iPhillipsNizer: Where intellectual property and business law intersect with industry (Fall 2020) A publication of the Intellectual Property Practice
12/09/2020
Seventeen Phillips Nizer Attorneys are named to New York Metro Super Lawyers and Rising Stars
10/28/2020
We are proud to congratulate our selected attorneys.
Legal Alert - SEC Adopts Amendments to Shareholder Proposal Rules
10/20/2020
On September 23, 2020, the Securities and Exchange Commission (“SEC”), adopted amendments to Rule 14-8 under the federal proxy rules, which govern the manner in which shareholders may seek to include a proposal in a company’s proxy statement to shareholders. Rule 14a-8 requires companies that are subject to the federal proxy rules to include certain shareholder proposals in their proxy statements, subject to certain procedural and substantive requirements.
The amendments will apply to any proposal submitted for an annual or special meeting to be held on or after January 1, 2022. The amendments also provide for a transition period with respect to the ownership thresholds that will allow shareholders meeting specified conditions to rely on the current $2,000/one-year ownership threshold for proposals submitted for an annual or special meeting to be held prior to January 1, 2023.
Sports Law Chair Edward Schauder is quoted in Law360: Big Money On Campus: Athletes Seek Cut Of NCAA's Riches
09/17/2020
'There will be a lot of people who will take money and they will regret that they did,' said Edward Schauder, a corporate and sports attorney handling licensing and marketing issues at Phillips Nizer LLP. 'No matter how much money these guys make, they are really going to need professional guidance that they really don't fall for a common pitfall.'
Legal Alert - SEC Modernizes Business, Legal and Risk Factor Disclosure Items of Regulations S-K
09/09/2020
On August 26, 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to modernize the business (Item 101), legal proceedings (Item 103), and risk factor (Item 105) disclosure requirements of Regulation S-K under the Securities Act of 1933, as amended (the “Securities Act”), which are applicable to periodic reports and registration statements filed by public companies.
Securities Law and Practice Legal Alert - Amendments to SEC Accredited Investor Definition
08/31/2020
On August 26, 2020, the Securities and Exchange Commission (“SEC”), adopted amendments to the definition of “accredited investor” in Rule 501 of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”) to add new categories of qualifying natural persons and entities and to make certain other modifications to the existing definition. According to the SEC, the amendments are intended to update and improve the definition to identify more effectively investors that have sufficient knowledge and expertise to participate in investment opportunities that do not have the rigorous disclosure and procedural requirements, and related investor protections, provided by registration under the Securities Act.
Sports Chair Ed Schauder is quoted in Bloomberg Law: Red Wolves, RedTails, Trademarks Grabbed as Team Changes Name
07/14/2020
Although Washington’s NFL team hasn’t yet announced its new name, several trademark registration applicants have been trying to guess.
“I don’t think they would have done even an announcement that they were going to do a name change if they weren’t in a negotiation with the owners of the name they’re interested in,” Schauder said. “A lot of lawyers are under a tremendous amount of pressure right now, trying to get this right. Because they can’t afford to get this wrong.”.
Sports Chair Ed Schauder is quoted in Law360: Washington NFL Name Change Puts Focus On Other Teams
07/17/2020
Law360 (July 14, 2020, 12:08 AM EDT) -- The Washington, D.C., NFL team is dropping the Redskins name and logo after years of resistance to pressure from Native Americans and others who say they are racist, a move that experts say signals a growing societal push to remove Native American names and imagery from sports even as legal efforts to do so have fallen short.
The Josh Gibson Foundation and Josh Gibson Enterprises name Ed Schauder, Chairman of the Sports Law Practice Group at Phillips Nizer, LLP, as its licensing agent
0630/2020
Pittsburgh PA, June 30, 2020 - As part of its continued efforts surrounding the Negro Leagues Centennial Anniversary, The Josh Gibson Foundation and Josh Gibson Enterprises announced today that Ed Schauder, the Chairman of the Sports Law Practice Group at Phillips Nizer, LLP has been named authorized legal representative for licensing for both entities.
Legal Alert - New SEC Mining Disclosure Regulations
05/28/2020
Major changes to SEC Disclosure Rules For Mining Companies Will Become Mandatory in 2021. In October 2018, the Securities and Exchange SEC (“SEC”) adopted major changes (the “New Mining Disclosure Rules”) to the SEC’s disclosure regulations for public mining companies. Registrants have been permitted to comply with the New Mining Disclosure Rules on a voluntary basis since 2019, but they will become mandatory for fiscal years beginning on or after January 21, 2021. For mining company registrants that have not already begun to comply with the New Mining Disclosure Rules on a voluntary basis, it is not too early to become familiar with the new Rules.
PN Practical News - Paycheck Protection Program
04/02/2020
Partner Edward Schauder comments on the implications of sports suspensions and cancellations in The Guardian.
03/12/2020
Finances will be shattered by sports suspensions. But it won't be the stars who suffer. (March 12, 2020)
Phillips Nizer Corporate Team Represents OHM Concession Group in Transaction Agreement with Hudson Group
11/07/2019
Media - Sports Business Journal reports on Ed Schauder's representation of the Berra family, which includes a feature film about the life of Yogi Berra, the New York Yankees legend (Subscription required)
04/22/2019 Sports Business Journal
Media - Leading up to Sunday's Big Game, Ed Schauder breaks down the potential windfall for a Super Bowl-winning athlete cemented in history. 'Super Bowl Presents Lucrative Memorabilia Opportunities for Players' published on January 31, 2019
01/31/2019 Front Office Sports
Media - Ed Schauder comments on Major League Baseball's (MLB) posting system with the Cuban Baseball Federation in the Los Angeles Daily News. 'Hoornstra: How the government shutdown dampened MLB’s feel-good story of the winter' published on January 23, 2019
01/23/2019 Los Angeles Daily News
iPhillipsNizer: Where intellectual property and business law intersect with industry (Winter 2019) A publication of the Intellectual Property Practice
01/22/2019
Media - Edward Schauder, chair of the Sports Law practice, mentioned in Forbes article on Yogi Berra Virtual Avatar. 'Surprise, Surprise: Virtual Yogi Will Make World Debut At Winter Meetings' published on December 3, 2018.
12/03/2018 Forbes magazine online
Media - Law360 publishes feature on partner Edward 'Ed' Schauder's arrival to the firm; quotes Ed and Marc Landis, managing partner
11/14/2018 Law360
Phillips Nizer's newest attorney, partner Ed Schauder, is the feature of a Law360 article published today. Ed, who practices in corporate and business law, as well as intellectual property, will chair our firm's Sports Law Practice.
Ed's quote:
That really excites me, that I’ll be able to offer current clients, prospective clients comprehensive service, but also be helpful to others that are representing people now, and be able to leverage my skill set to offer more services to the firm’s existing clients as well,” he said in a phone interview. “I’m already hitting the ground running.
Marc Landis quote:
Ed brings expertise, Ed brings a network of current and former and prospective clients that will benefit not only from the legal services that Ed provides, but that our firm can offer across the board...I’m really excited that Ed will be part of our team. In his first week here, we’ve already seen quickly that there will be great synergies with Ed’s work and the rest of our work.
Press Release - Edward Schauder, Prominent Sports and Business Attorney Joins Phillips Nizer
11/13/2018
Corporate Transactional Attorney Known for Protecting and Building Sports and Entertainment Brands
Sports Law Attorney Ed Schauder Talks about the Importance of Morals Clauses in Exclusive Interview (Professional Sports and the Law)
07/01/2015 Professional Sports and the Law
“Can I Get It Back?” - Do Team Sports Museums Have the Right to Donate or Sell Donated Artifacts to Third Parties?” (Professional Sports and the Law)
10/01/2013 Professional Sports and the Law
VIDEO: A Raw Deal for A-Rod? (Richard French Live)
08/06/2013
Sports Teams Are Selling The Jerseys Off Their Players’ Backs But Are They Violating The Law In The Process? (Professional Sports and the Law)
01/01/2013 Professional Sports and the Law
Practical Considerations In Finding The Right Athlete to Endorse Your Products (Professional Sports and the Law)
08/01/2012 Professional Sports and the Law
Practical and Legal Considerations in Organizing Nostalgic Athletes into Revenue Generating Enterprises (Professional Sports and the Law)
01/01/2011 Professional Sports and the Law