Our History
What began as a single e-commerce deal in 2002 has grown into a full-scale global digital sports platform and globally recognized consumer brand that is focused on serving more than 100 million fans and over 900 leading sports properties.
In 2002, Michael Rubin’s GSI Commerce secured its first e-commerce deal with NASCAR. Nine years later – with e-commerce rights from all North American sports leagues now within GSI – Rubin acquired Fanatics, a Florida-based sports retailer which had an e-commerce presence across college and professional teams, and merged these new assets into GSI in 2011. That same year, Rubin sold GSI to eBay for $2.4 billion and subsequently bought back the sports e-commerce business, keeping the name Fanatics for the new company moving forward. By then, the Fanatics brand included hundreds of e-commerce partners across North American leagues, teams, and colleges.
Rubin’s vision was to create an entirely differentiated, real-time licensed sports merchandise experience for global fans and partners, who had been handcuffed by an industry that had not yet adapted to the new consumer-driven, on-demand world. An emphasis was immediately placed on real-time manufacturing, data, and technology, which would underpin the company’s differentiated vertical commerce (v-commerce) model.
The Fanatics Commerce business has transformed from a domestic e-commerce company, selling mostly third-party merchandise, into a mobile-first, direct-to-consumer global brand with its own manufacturing capabilities to serve the growing real-time expectations of fans worldwide. Through the addition of well-known brands such as Mitchell & Ness and Lids, the business continues to expand into new verticals to deliver unique experiences for fans around the world.
As Fanatics saw its innovation across the licensed sports merchandise landscape continue to grow, the company set its sights on expanding beyond fan merchandise. In August 2021, Fanatics announced plans to evolve into a leading global digital sports platform, which opened the door for two new businesses to be established, Fanatics Collectibles and Fanatics Betting & Gaming. Fanatics Collectibles is a leading licensor, producer, designer, and seller of physical and digital trading cards, sports memorabilia, and other digital assets for entertainment and sports properties globally, as well as a manufacturer of physical and digital trading cards. In 2022, the business acquired Topps trading cards and in 2023, Fanatics Collectibles announced Fanatics Live, which will see the business move into live shopping and card breaking.
Fanatics Betting & Gaming is building an online and retail sports betting and online casino real-money wagering platform. Fanatics Betting & Gaming launched its first retail Sportsbook in Maryland in January 2023 and Fanatics Sportsbook is currently available to approximately 95% of the addressable online sports bettor market in the U.S.
These three businesses all fall under a new corporate entity called Fanatics Holdings, Inc., which continues to be led by Michael Rubin. Across the Fanatics enterprise, there are currently more than 22,000 global employees working across more than 80 offices and locations.