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Curtis Polk: Unveiling Michael Jordan’s Business Ally and the Epicenter of NASCAR’s Antitrust Controversy

Carl Harrison by Carl Harrison
March 6, 2025
in Motorsports
Reading Time: 3 mins read
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Curtis Polk: Unveiling Michael Jordan’s Business Ally and the Epicenter of NASCAR’s Antitrust Controversy

Apr 21, 2024; Talladega, Alabama, USA; NASCAR team owner Michael Jordan and Film producer Curtis Polk celebrate in victory lane after the GEICO 500 at Talladega Superspeedway. Mandatory Credit: Peter Casey-USA TODAY Sports

In the high-stakes world of sports, Curtis Polk stands tall as a key figure. A trusted confidante of Michael Jordan, the six-time NBA champion, Polk has been by his side since 1989. This 66-year-old sports agent is not only a linchpin in the basketball world, but he also plays a significant role in Jordan’s NASCAR endeavors. As a co-owner of Jordan’s NASCAR Cup Series team, 23XI Racing, Polk finds himself in the eye of a legal storm brewing within NASCAR. However, before we delve into the controversy, let’s take a closer look at the man at the center.

Polk’s early life remains largely uncharted, but his professional trajectory is well-documented. As an executive vice president with SFX Entertainment, based in Beverly Hills, he represents a slew of sports stars including Michael Jordan, Patrick Ewing, and Juwan Howard. His business acumen became evident when he co-founded Falk Associates Management Enterprises in 1992, and in 1996, he successfully negotiated four out of the five top-paying NBA contracts at the time.

When Jordan became the owner of the NBA Charlotte Hornets, Polk served as the team’s vice chairman. He also skillfully revamped Jordan’s relationship with Nike, demonstrating the enduring value of Jordan’s endorsement even after his retirement. These accomplishments have earned Polk significant recognition, including being listed in Sports Business Journal’s “Forty Under Forty” and being named twice in Sporting News’ “100 Most Powerful People in Sports”. Additionally, Polk invests in philanthropic endeavors, supporting the Juwan Howard Share the Care Foundation and several local Jewish organizations.

Polk’s involvement with NASCAR began when Jordan and Denny Hamlin established 23XI Racing in 2020, with the aim of becoming a leading competitor in the NASCAR Cup Series. As a crucial stakeholder, Polk has seen the team score ten Cup Series race wins with Bubba Wallace and Tyler Reddick. However, the team is now embroiled in a legal battle. In October 2024, 23XI Racing and Front Row Motorsports filed an anti-trust lawsuit against NASCAR, alleging monopolistic practices in the charter system. In a surprising turn of events, NASCAR has now launched a counterclaim against the two teams and Polk, denouncing them as an “illegal cartel”.

The counter-lawsuit, filed on March 5, 2025, accuses Polk and the teams of conspiring to unreasonably restrain interstate trade and commerce, in violation of Section 1 of the Sherman Act. NASCAR alleges that Polk actively orchestrated this illegal conspiracy, while serving on the Teams Negotiation Committee and aiding 23XI’s and Front Row’s participation in the scheme.

To understand the dispute, it’s important to note that in September 2024, NASCAR presented a new charter agreement for 2025 and beyond, giving teams a limited time to sign. While 13 out of 15 Cup Series teams signed, 23XI Racing and Front Row Motorsports refused and subsequently filed an anti-trust lawsuit against NASCAR. The two teams secured their 2025 Cup seats, but now face the challenge of proving NASCAR’s alleged monopolistic practices over the past 76 years.

Despite initial setbacks in court due to a lack of evidence of actual harm, the teams received their 2025 season’s charters when Judge Kenneth Bell acknowledged the risk of their drivers leaving. Now, NASCAR has countered with its own lawsuit, accusing 23XI Racing and FRM of attempting to “weaponize the antitrust laws” and identifying Polk as the plot’s ringleader.

In response to the countersuit, the teams’ legal representative, Jeffrey Kessler, stated that the lawsuit is about making NASCAR a more competitive and fair sport. He dismissed the counterclaim as baseless, expressing confidence in the strength of their case.

The future of the charter system, in place since 2016, hangs in the balance as the legal battle unfolds. Charters guarantee teams a spot in every race and a fixed payment plan, with nearly 50% of the money from the new media rights deal from 2025-2031. However, NASCAR has suggested that the charter system could be dissolved if Polk and the teams win the case.

NASCAR’s lead attorney, Chris Yates, has indicated that a settlement might be conditional and seems skeptical about a peaceful resolution. The counter-lawsuit is set to be part of a jury trial scheduled for December 1, 2025, in the U.S. District Court in Charlotte, North Carolina. As the legal proceedings progress, the future of NASCAR and the fate of Curtis Polk remain to be seen.

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