Like Godzilla swooping in on an unsuspecting town, Fanatics is apparently grabbing hold of yet another trading card license--one they'll hold until today's newborns might be parents themselves. According to ESPN's Adam Schefter, the NFL Players Association has now agreed to a deal with the Florida-based sports giant. The move follows Fanatics' recent reported … [Read more...] about Report: Fanatics Snares NFLPA Trading Card License in 20-Year Deal
Mudrick Capital
Topps Says It Was Blindsided by Fanatics’ MLB Deal
On Tuesday night, the man who had guided the Topps Company since the fall of 2007 had to be feeling pretty good. Michael Eisner’s investment and patience appeared to have paid off handsomely. The trading card business had grown to unprecedented heights. Topps' sales were up 78 percent from 2020 and Eisner was nearing the finish line of a plan to take the … [Read more...] about Topps Says It Was Blindsided by Fanatics’ MLB Deal
Fanatics in Deals to Take Over Trading Card Licenses in Multiple Sports; Topps Merger Deal Dead
Multiple media outlets reported Thursday that Fanatics, the sports retail and memorabilia giant, is creating a new division that will partner with the players' associations in multiple sports to take over control of trading cards. The Wall Street Journal reported that deals between Fanatics and the MLB, NFL and NBA players unions and Fanatics were essentially … [Read more...] about Fanatics in Deals to Take Over Trading Card Licenses in Multiple Sports; Topps Merger Deal Dead
Editor’s Blog: Topps Breaks Down Finances; Looks to Future
When Topps announced its decision to combine forces with an acquisition company on Tuesday, the company offered some interesting details on its finances and future plans. In touting the initiatives that led to its current valuation, Topps revealed it make a $92 million profit in 2020—a strange and unexpected time in which the sports card market exploded in the midst of a … [Read more...] about Editor’s Blog: Topps Breaks Down Finances; Looks to Future