From the NY POST
Sports merchandise giant Fanatics will acquire vintage team jersey maker Mitchell & Ness for around $250 million, a source familiar with the matter told The Post.
Fanatics CEO Michael Rubin is teaming with rappers Jay-Z, Meek Mill and Lil Baby — and Maverick Carter, a business partner of LeBron James — on the purchase. The D’Amelio family of TikTok stars also is part of the group that is purchasing Mitchell & Ness.
I am so glad I have stopped collecting jerseys. I have had a lot of bad experiences with Fanatics customer service over the years and it just amazes me how they are just getting bigger and bigger. At this point they have their hands in everything. Sports cards, autographs, apparel, jerseys, collectibles, memorabilia, what's next?
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