NEWS

Company: All Seth Schlechter Company: All Seth Schlechter

TECH CRUNCH: Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

Fanatics, a Jacksonville, Fla.-based sports merchandising giant, revealed today that the NFL was the “single biggest investor” in the latest round announced by the company, a $1.5 billion round at a whopping $27 billion valuation that reportedly closed last month. The deal marked a 50% increase from the $18 billion valuation assigned to Fanatics during its previous raise last August.

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FAST COMPANY: Fanatics Strikes Again as Topps lands Euros 2024 and 2028 Rights

Every four years during the UEFA Euros, there is something soccer fans young and old around the world have in common. Sure, they cheer on different national teams and players in one of the biggest sporting events on the planet, but with that comes the shared experience of the Panini sticker book.

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Company: All, Company: Fanatics Commerce Seth Schlechter Company: All, Company: Fanatics Commerce Seth Schlechter

FAST COMPANY: Inside Fanatics’ drive to conquer the $500 billion sports business

Over Thanksgiving break in 2020, Fanatics founder Michael Rubin flew to Detroit to spend a day with StockX founder Josh Luber. It was just supposed to be two e-commerce innovators hanging out, with Rubin responsible for the just-in-time apparel juggernaut, and Luber behind the secondary market for hot sneakers and other coveted goods.

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Ramana Thumu Is Living His Dream at Fanatics

Ramana Thumu has built and implemented cutting-edge technology platforms, consulted at some of the world’s most innovative companies, and led teams for Silicon Valley’s most famous employers. But his emergence as a leader in the industry looked very different than that of many of his peers. In fact, he didn’t grow up with a computer in his home. He didn’t even have electricity.

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WSJ: Fanatics Pried Baseball Cards From Topps. Now Fanatics Is Buying Topps

When news broke last summer that Fanatics Inc. was poised to upend the trading-card industry, longtime baseball fans wondered what it meant for Topps Co. The iconic company had been synonymous with baseball cards for more than 70 years, a run that seemed destined to end when Fanatics lured away Topps’ key licensees…

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Company: Michael Rubin Brittney Liddy Company: Michael Rubin Brittney Liddy

BILLBOARD: Meek Mill, Lil Baby & Michael Rubin Host Reform Night For Underprivileged Kids at Philadelphia 76ers Arena

Twenty-five percent of people who end up in jail every year did so without actually committing a crime, according to a stat cited by Philadelphia 76ers co-owner Michael Rubin. Co-chaired by Rubin and rap star Meek Mill, the Reform Alliance is looking to do something about that statistic by changing the probation and petty technical violation laws across the country that send American citizens to prison.

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