K&C Sports & Entertainment Law Weekly Roundup - February 2026 #2

Sports:

• Counsel for an ex-Morgan Stanley investment adviser accused of defrauding pro athletes out of millions of dollars leaned hard on former NBA player Chandler Parsons in cross-examination after he testified against his onetime friend and go-to money man as the defense sought to discredit one of the government's key witnesses. Ex-Morgan Stanley Pro Scorns Key NBA Witness In Fraud Trial - Law360
• Snowboarders, figure skaters, curlers, and other competitive athletes have been training for years to be ready for the unexpected at the Winter Olympics, but intellectual property issues arising from taking part in the global sporting event are probably not high on their priority list. Skating, Twirling And Juggling IP Risk At The Winter Olympics - Law360
• The U.S. Securities and Exchange Commission has asked a Washington, D.C., federal judge to order a broker-dealer and its sole director to comply with a 2015 commission order requiring them to pay over $27 million in disgorgement and other fines that stemmed from allegations that they ran a Ponzi scheme that swindled NFL and NBA clients out of $12 million. SEC Seeks To Enforce $27M Order In NFL, NBA Player Fraud - Law360
• Major League Baseball's Tampa Bay Rays revealed new renderings for its proposed 31,000-seat stadium and mixed-use district project that's planned to be located at the Florida city's Hillsborough College, the team has announced. Tampa Bay Rays Unveil New MLB Stadium Renderings - Law360

Entertainment:

FILM & TELEVISION

• Boxer Floyd Mayweather Jr. hit Showtime Networks Inc. with a lawsuit accusing the company of helping a former manager defraud him, with at least $340 million of fight earnings misappropriated or unaccounted for. Floyd Mayweather Jr. sues Showtime; owed 'at least' $340M - ESPN
• A special effects business and the entertainment companies behind the upcoming Scream 7 film have filed lawsuits against one another in CA federal court over the slasher movie franchise's iconic "Ghostface" mask. Paramount sues over rights to Scream mask - BusinessWorld Online

MUSIC

• Mariah Carey and co-defendants who beat accusations that her holiday hit "All I Want for Christmas Is You" copied an earlier song of the same name have asked a CA federal judge to order the plaintiffs to pay nearly $1 million in legal fees, arguing their complaint was frivolous from the start. Mariah Carey 'All I Want For Christmas' Accuser Faces Demand For $1M
• A group of music labels secured near-total victory in a copyright-infringement lawsuit against the seller of ten documentaries about various bands. UMG, ABKCO win copyright case against UK filmmaker over docs about The Rolling Stones, other artists - Music Business Worldwide