News

Fanatics is set to acquire trading card company Topps!

Fanatics is set to acquire trading card company Topps!

According to industry sources, sports giant Fanatics is set to announce the acquisition of one of the most famous trading card company Topps tomorrow, on Tuesday. Led by Michael Rubin, Fanatics is starting a next-generation trading card company that will give sports entities partnerships in the venture.    You can read the full story here at: https://theathletic.com/news/fanatics-to-acquire-famed-trading-card-company-topps-sources/CDjLZvg6E8uC/

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Major League Baseball ends its 70-year deal with Topps

Major League Baseball ends its 70-year deal with Topps

Major League Baseball, MLB, will end its partnership with Topps for trading cards. This is a business relationship that's been in place since 1952. MLB renewed its deal with Topps in 2018, and the existing deal ends in 2025.  Meanwhile, it is expected that MLB will turn to Fanatics, a company that makes sports apparel, to produce the physical trading cards.   You can read the full article at: https://www.cnbc.com/amp/2021/08/19/mlb-will-end-long-time-deal-with-trading-card-company-topps.html?__twitter_impression=true

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Goldin Auctions Company has been sold to Billion Dollar Company Collectors Holdings

Goldin Auctions Company has been sold to Billion Dollar Company Collectors Holdings

We're in the era where the collectibles industry is on fire. We're seeing pieces being sold for high prices, and in addition the business side of things are moving too. Major acquisitions and mergers have been happening.  Yesterday Ken Goldin, an auction pioneer in the sports collectibles industry, has sold his company Goldin Auctions to Collectors Holdings, owned by Steve Cohen. Steven also owns the New York Mets. You can click here to read the full story: https://sports.yahoo.com/goldin-auctions-sells-billionaire-steve-123049292.html#aoh=16251797330412&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s

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New Hockey Card Record - Wayne Gretzky rookie card sold for $3.75M !

New Hockey Card Record - Wayne Gretzky rookie card sold for $3.75M !

For a whopping $3.75 million, a 1979 O-Pee-Chee Wayne Gretzky rookie card has been sold today. The previous record held was $1.29 million, in December 2020, for another version of the same card. According to the PSA report, these two cards are the only of their kind, that has been graded by them. This is definitely exciting news and pushes the envelope of what is possible in terms of sales in the sports collectibles category. You can read the full article here: https://www.espn.com/nhl/story/_/id/31521805/wayne-gretzky-rookie-card-sells-375-million-shatters-record-hockey-card

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Lebron rookie card sold for a record $5.2 Million - most expensive card ever sold

Lebron rookie card sold for a record $5.2 Million - most expensive card ever sold

On Monday, an ultra-rare rookie card signed by LeBron James himself, has been sold for a record breaking $5.2 million. This is definitely testament to the boom in the sports collectibles industry with what we've been seeing both this year and last year. Will we see another big number like this in 2021? We certainly hope so! You can read more about the sale, with the full article on CP24 here: https://beta.cp24.com/sports/2021/4/27/1_5403623.html

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