Who owns Topps card company?

The e-commerce company Fanatics acquired Topps on Tuesday, and the deal is worth "roughly" $500 million, CNBC reported.

Who bought Topps baseball card company?

Fanatics, a global sports platform and digital retailer, announced Tuesday that it has completed its purchase of Topps' sports and entertainment division, which includes all parts of its trading cards and collectibles business.

Did Topps go out of business?

On Tuesday, Topps announced that it had sold its sports card business to Fanatics, a multibillion-dollar, 10-year-old company whose licensing business was built on sports fandom, technology and networking.

Did Topps sell their company?

Chief Executive Michael Eisner has sold the Topps trading card business to merchandising giant Fanatics after losing its key Major League Baseball license. Eisner has owned Topps, the company synonymous with sports trading cards, since 2007 through his Beverly Hill-based investment firm Tornante Co.

Did Fanatics acquire Topps?

News spread Monday night that Fanatics Inc. has acquired the trading-card division of Topps Co. in yet another move by the sports-merchandise giant to further cement its position as a leader in the hobby for years to come.

Angels Weekly: Behind the scenes at Topps

Who is replacing Topps?

The Wall Street Journal is reporting Fanatics will acquire the Topps sports and entertainment division from private equity firm Madison Dearborn Partners and former Disney head Michael Eisner's Tornante firm for $500 million–a decent return on the $385 million paid by Madison Dearborn Partners and Tornante in 2006, but ...

Does Topps own Upper Deck?

Panini owns Donruss, Topps owns Bowman, and Upper Deck owns Fleer. Fanatics is disrupting a market that has seen the same companies produce the same products for generations.

Will Fanatics keep the Topps name?

“Their iconic brand, commitment to product excellence and passionate employees worldwide will allow us to immediately serve our league and players' association partners and our fans.” Fanatics plans to keep the Topps brand, which has been synonymous with baseball cards for the past 70 years.

How much is Topps company worth?

Topps, known for its trading cards and Bazooka gum, is going public by merging with a blank-check firm in a deal that values the company at $1.3 billion, the DealBook newsletter was the first to report.

Is Topps losing its license?

Yes, it was quite a blow when it was announced that Topps had lost its license to produce major league baseball cards. Topps was notified this past week that their contracts for player images – set to expire in 2022, and team logos – set to expire in 2025 – would not be renewed.

How much did Fanatics pay for Topps?

It looks like Fanatics Inc. got a bargain with its acquisition of the trading card business of the Topps Co. Jacksonville-based Fanatics announced the deal Jan. 4 without disclosing the price, but The Wall Street Journal and other financial news outlets reported the sports merchandise company paid $500 million.

What does Fanatics buying Topps mean?

Buying Topps allows Fanatics to get in on the baseball card action immediately. It will no longer have to wait until 2026.

Is Bowman owned by Topps?

Bowman was Topps' main competitor from 1951 until Topps bought out Bowman after the 1955 season. Almost 35 years later, in 1989, Topps resurrected the Bowman brand and created a new annual baseball card set which was unique in two ways.

Will Topps make baseball cards in 2023?

Its deal with MLB Players Association was set to begin in 2023, with its deals with MLB, the NBA and its players association and the NFL Players Association taking affect in 2026. Now the new Fanatics Trading Cards company will begin manufacturing and distributing baseball cards under the Topps brand immediately.

Is Fanatics a public company?

On the heels of a recent funding round that values the company at $27 billion, Fanatics makes for one of the most widely anticipated initial public offerings (IPOs). But it appears likely the sports merchandise giant will remain private through the end of 2022.

Who owns O-Pee-Chee?

In 1996, O-Pee-Chee was bought by the Nestlé Corporation. In 1995-96, Topps included O-Pee-Chee cards in its signature product as a parallel set.

Does Michael Jordan own Upper Deck?

Upper Deck has signed a long-term renewal with legendary basketball player Michael Jordan for collectibles and memorabilia. Under the new agreement, the company will continue to be the sole producer of authenticated collectibles, trading cards and memorabilia featuring the athlete's image and autograph.

Who prints Topps baseball cards?

Being the Only One in the World. The talented staff at QC Precision Machining and partners with Topps' designers to engineer how a card will be laid out on the huge sheets, which are cut down to fit QC's setup. The cards are printed and packaged at different locations throughout the United States.

Is Panini losing its license?

Meanwhile, the Panini NBPA deal ends in 2025 and Panini's NFLPA deal finishes in 2026. However, once Fanatics takes over, it seems that the licenses aren't going anywhere for a long time as the NFLPA deal reportedly lasts for 20 years. It appears that the other deals are also of similar length (15 to 20 years).

Will there be Topps baseball cards in 2022?

2022 Topps Series 1 Baseball Checklist Overview

The 2022 Topps Series 1 Baseball base set is 330 cards, the same as the past couple of years. Traditional player cards make up the majority of the checklist but team cards, Future Stars and League Leaders are there as well.

Will Panini still make baseball cards?

This means that Panini has been able to print baseball cards without using MLB logos for the past several years. After 2022, that comes to an end. Fanatics MLBPA contract begins after the 2022 season and it is exclusive, which means Panini will have to stop making baseball cards.

Who makes baseball cards now?

Fanatics had already acquired licensing rights for baseball cards, a Topps stipend for more than half a century, but will now be able to produce and distribute them years ahead of its original five-year plan, expected to begin after the 2025 season.

Does Topps make basketball cards?

We're thrilled to be a part of bringing their brand back into basketball with the next generation of stars.” The first available trading cards are Topps NOW products, print-on-demand cards that Topps utilizes to capture seminal moments in sports almost immediately.