6 2017: SoftBank leads a $1 billion investment round assisted by the NFL and NBA. The investment, which was broken by Fortune, was all for primary shares which meant previous existing investors kept their stock in the brand. 26, 2015: Fanatics sells minority stake to private equity firm Silver Lake for $300 million. “By bringing our technology leadership and scale to the league’s new flagship location, NBA fans will now be able to have a comprehensive shopping experience whether at home, on the go, or when visiting the amazing NBA Store in midtown Manhattan.”Īug. “Fanatics is very excited to expand our already incredible partnership with the NBA,” said Fanatics Vice President of In-Venue Commerce Brendan McQuillan in a statement. June 6, 2015: The NBA inks multiyear partnership with Fanatics to operate the league’s flagship store on New York City’s Fifth Avenue in time for the holiday season. Investors included Temasek Holdings and Alibaba Group. June 6, 2013: Fanatics raises $170 million in funding, bringing the brand’s worth to $3.1 billion. June 6, 2012: A little over a year after GSI Commerce’s purchase, Fanatics raises $150 million from Andreessen Horowitz and Insight Venture Partners that brings the value of the brand to $1.5 billion. ND3S8rjk06- Boardroom September 29, 2021 Investment by NBA, NBPA, MLB, MLBPA, & NFLPA in the upcoming Fanatics Trading Cards company is already paying off-they have increased their equity stakes by $1.4B with the newest $350M funding round before the company has even launched.įanatics Trading Cards = $10.4B valuation.
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