Fanatics Buys Topps
01-07-22, 10:08 AM
#1
DVD Talk Legend
Thread Starter
Fanatics Buys Topps
Last year, MLB announced that after 70 years they had decided to change the licensing of trading cards from Topps to Fanatics. Well, Fanatics had never done trading cards by themselves, so they purchased Topps. All of these companies are now backed by Blackstone hedge fund which has become a major player in the collectible market among other things
01-07-22, 11:46 AM
#2
Re: Fanatics Buys Topps
Glad to see, my kids like baseball and collect baseball cards just for the fun of it but always look for Topps. Now they can still get their Topps baseball cards.
01-07-22, 12:13 PM
#3
DVD Talk Platinum Edition
Re: Fanatics Buys Topps
Fanatics announced the MLB partnership on the day Topps was set to go public at a 1.3B valuation. After the news broke, Topps’ value plummeted and their deal fell through. Now fanatics purchased them for 500MM.
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PhantomStranger (01-07-22)
01-07-22, 01:27 PM
#4
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Re: Fanatics Buys Topps
Originally Posted by John Galt
Fanatics announced the MLB partnership on the day Topps was set to go public at a 1.3B valuation. After the news broke, Topps’ value plummeted and their deal fell through. Now fanatics purchased them for 500MM.
01-10-22, 06:45 PM
#5
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Re: Fanatics Buys Topps
Originally Posted by PhantomStranger
MLB also happens to own a stake in Fanatics. This whole thing seems to have been concocted so Fanatics could waltz in and buy out Topps. Once Topps lost the MLB license, their only worth was their expertise in making baseball cards and the brand name.
