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MoFo Advised Athletes Unlimited on Strategic Investment From MLB

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Morrison Foerster advised Athletes Unlimited on a strategic investment by Major League Baseball (MLB) in Athletes Unlimited...

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Morrison Foerster advised Athletes Unlimited on a strategic investment by Major League Baseball (MLB) in Athletes Unlimited Softball League (AUSL), marking a first-of-its-kind, comprehensive partnership with a women’s professional sports league to help establish and grow the AUSL as a sustainable organization.  MLB’s financial investment will assist with league operational costs and key growth initiatives and help raise the visibility of the AUSL and its athletes in a variety of manners across MLB’s marketing, events, distribution, editorial, digital and social platforms, content and more. The AUSL launches its inaugural season with Opening Day on Saturday, June 7, 2025. The MoFo team advising AUSL was led by San Francisco corporate partner Michael Santos, Los Angeles tax partner Brian Radigan, and San Francisco corporate associates Mingqian Li and Brad Zdroik. Read the <a href="https://theausl.com/news/major-league-baseball-mlb-announces-strategic-investment-in-athletes-unlimited-softball-league" target="_blank">press release</a>.

MoFo Advised Athletes Unlimited on Strategic Investment From MLB

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Michael Santos is a corporate partner in the Transactions Department. His practice focuses on representing a broad range of investors, including institutional investors, private foundations, and public charities in deploying capital in early-stage and late-stage financings, mergers, acquisitions, asset purchases and sales.Michael also advises companies on structuring for impact, including through the use of benefit corporations, perpetual purpose trusts, hybrid or “tandem” arrangements between nonprofit and for-profit entities, and other alternative ownership structures.

Michael Santos

Partner

Brian Radigan is a partner in the Federal Tax Group at Morrison Foerster. He has a broad tax practice advising U.S. and non-U.S. clients on complex tax structuring and the tax aspects of corporate transactions.Brian advises private equity funds, startup entities, REITs, and established multinational corporations on the tax aspects of mergers and acquisitions, joint ventures, cross-border corporate restructurings, and capital markets transactions. He has a particular focus on international tax, helping clients on cross-border structure formation and tax-driven internal reorganization, navigating tax laws across multiple jurisdictions to maximize global tax efficiency.Brian regularly advises emerging companies and venture capital firms on the tax aspects of capital raises, changes to capital structure, and general tax planning, providing strategic insight and tailored tax solutions to drive tax-efficient growth. He also advises financial institutions and corporations on capital markets offerings, financial products, and FATCA compliance.Brian is Recommended for US Taxes: Non-Contentious by Legal 500 US 2024.Prior to joining Morrison Foerster, Brian spent over a decade as a senior in-house tax advisor at General Electric and, more recently, as the global head of tax at New Fortress Energy (NFE). He structured the transition of NFE from an Up-C investment of Fortress Investment Group to a multibillion-dollar, fully public company. In his in-house roles, he served as a trusted advisor to senior executives, founders, and board members on various high-profile transactions, including a $2 billion LNG infrastructure joint venture between NFE and Apollo and a $5.1 billion acquisition by NFE of Hygo Energy Transition and Golar LNG Partners, LP.

Brian Radigan

Mingqian Li is a senior associate in Morrison Foerster’s Private Funds and Social Enterprise & Impact Investing practices. She advises clients on the structuring, formation, and operation of private investment funds, including venture capital, private equity, and growth equity vehicles. A significant portion of her practice focuses on innovative fund structures, particularly social impact funds with hybrid arrangements involving nonprofit anchor investors or incubation agreements. Mission-driven funds regularly seek her counsel for aligning investment strategies with social impact objectives.Mingqian guides clients through all aspects of fund formation and operations, including non-U.S. jurisdiction analysis, negotiation of fund documents and side letters, coordination of regulatory and tax considerations, and post-closing obligations. She also advises on ongoing funds’ general corporate matters, including governance, reporting requirements, transfer procedures, and effective LP meeting management.Beyond formation work, Mingqian provides transaction support for her fund clients, offering seamless guidance across both fund and deal matters. Clients value her collaborative, practical approach and her ability to guide them through the operational and strategic challenges of building and managing investment funds.

Mingqian Li

Associate

Bradley Zdroik is a corporate associate in Morrison Foerster’s San Francisco office.Prior to joining Morrison Foerster, Bradley served as a legal litigation intern with the California Office of the Attorney General, where he drafted pleadings, reviewed dockets, and attended hearings. Bradley participated in Morrison Foerster’s summer associate program during the summer of 2023.Bradley received his J.D. from the University of California, Los Angeles School of Law. While in law school, he worked at the UCLA Journal of Law and Technology as the business and finance chair. Bradley received his B.A. in economics, with a minor in classical history, from Stanford University.

Bradley Zdroik

Social Enterprise + Impact Investing