0001193125-07-234086 Sample Contracts

FORM OF WARRANT AGREEMENT
Warrant Agreement • November 5th, 2007 • Sports Properties Acquisition Corp. • Blank checks • New York

This Warrant Agreement made as of , 2007, between Sports Properties Acquisition Corp., a Delaware corporation, with offices at 437 Madison Avenue, New York, New York 10022 (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, with offices at 17 Battery Place, New York, New York 10004 (the “Warrant Agent”).

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Sports Properties Acquisition Corp. 23,000,000 Units UNDERWRITING AGREEMENT dated [ ] Banc of America Securities LLC
Underwriting Agreement • November 5th, 2007 • Sports Properties Acquisition Corp. • Blank checks • New York
FORM OF INVESTMENT MANAGEMENT TRUST AGREEMENT
Investment Management Trust Agreement • November 5th, 2007 • Sports Properties Acquisition Corp. • Blank checks • New York

This Agreement is made as of [ ], 2007, by and between Sports Properties Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”).

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