ESPN: Fanatics Continues Push into Collecting Space, Acquires PWCC
Fanatics Collectibles announced the acquisition of PWCC Marketplace, one of the world's largest sports card, memorabilia and collectible auction houses.
PWCC is also well-known for their PWCC Vault, a storage facility in Oregon that houses some of the rarest and most valuable sports cards and collectibles in the world.
The value of the acquisition was not made public.
"PWCC has built a strong business with incredible technology and a leading marketplace and vault," a source from Fanatics told ESPN. "We see a huge opportunity to bring the PWCC platform into the Fanatics Collectibles family and further build and strengthen the foundation that currently exists."
In January 2022, Fanatics acquired Topps' trading card and collectibles arm in a deal sources say was in the $500 million range -- less than half a year after making behemoth deals with the three major American sports leagues to produce sports cards. (Panini currently has deals with the NBPA and NFLPA to produce cards through 2025 and 2026, respectively -- but Fanatics has deals in place when they expire, including a 20-year deal with the NFLPA. The NFL has yet to agree to a deal with Fanatics.)…