CNBC: NFL, MLB and players unions lead the latest round of investment in rapidly growing Fanatics

Company: All
Written By Seth Schlechter

The NFL, other major sports leagues, players unions and team owners are leading the latest round of investment in Fanatics, the rapidly growing sports online-platform company.

The latest investment totals $1.5 billion, with the NFL kicking in the largest portion at $320 million. Fanatics is valued at $27 billion.

The NFL Players Association also made an investment. Other investors include Major League Baseball and its players union, as well as the National Hockey League.

Joseph Tsai, the Alibaba co-founder and Brooklyn Nets owner, and the Qatar Investment Authority, owner of the Paris Saint-Germain soccer team, also are investors in this latest round.

Seth Schlechter
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