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RAJ Sports Sues Cherng Family Over Exclusivity Breach

9/27/2025

39 3 Full Breakdown

Summary

Story summary

RAJ Sports filed a lawsuit accusing the Cherng family of breaching an exclusivity pact in RAJ's Trail Blazers bid.
The suit seeks to block the Cherngs from joining Tom Dundon's group and notes the sale requires league approval.
The Cherngs were RAJ's investors after signing July 24 exclusivity agreement; a hearing on a temporary restraining order is next month.

History

Historical Context

In 2019, the NBA revised its ownership structure to encourage diverse investments, allowing entities like RAJ Sports to secure exclusive agreements, including a July 24 deal with the Cherng family. This shift reflects ongoing tensions in sports ownership, echoing historical challenges such as the 1922 Federal Baseball Club v. National League case, which shaped league regulations and antitrust interpretations in professional sports.

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Story summary

RAJ Sports filed a lawsuit accusing the Cherng family of breaching an exclusivity pact in RAJ's Trail Blazers bid.
The suit seeks to block the Cherngs from joining Tom Dundon's group and notes the sale requires league approval.
The Cherngs were RAJ's investors after signing July 24 exclusivity agreement; a hearing on a temporary restraining order is next month.

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