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12 mentions found


☆ Sotheby’s, Fanatics team up to offer rare sports trading card auctions
  + stars: | 2024-06-11 | by ( Ian Thomas | ) www.cnbc.com   time to read: +1 min
Fanatics wants to expand the sports trading card industry. Now it's aiming to meet high-end collectors through a new partnership with Sotheby's that will create a collection of auctions for trading cards valued at more than $100,000. Fanatics has quickly moved into the trading card space, acquiring Topps in 2022 and signing several exclusive card licensing deals across professional leagues, including the NBA, NFL and MLB. "It's also an opportunity to really elevate sports trading cards, and create these moments with some of the most important and prestigious cards." Sotheby's has increasingly leaned into sports, something that Brahm Wachter, Sotheby's head of Modern Collectables, said is one of the auction house's fastest-growing categories.
Persons: Sotheby's, Jackie Robinson, Nick Bell, Collect, It's, Muhammad Ali's Organizations: Topps, NBA, NFL, MLB, Kobe Bryant Los Angeles Lakers Locations: New York, Manila
☆ The Masters: The eclipse is all anyone can talk about at Augusta National
  + stars: | 2024-04-09 | by ( Jack Bantock | ) edition.cnn.com   time to read: +4 min
The total solar eclipse plunged Augusta National Golf Club into darkness shortly after 3 p.m. local time in Georgia, bringing the major’s first practice round to a standstill as players, caddies and patrons turned their gazes skyward. 1 Scottie Scheffler – though only after being provided with a pair of viewing glasses by one helpful young fan. Caddies also donned solar glasses. “This is timed up pretty good; get to watch the end of the world at Augusta National,” the American said, laughing. An eclipse hasn't coincided with Masters week since 1940.
Persons: “, Will Zalatoris, ”, Bubba Watson, Matt Slocum, Stewart Hagestad, Scottie Scheffler –, Hagestad, Scottie, Jimmy Demaret, Caddies, Warren Little, Peter Malnati, Brian Harman, Adam Cairns, Corey Conners, Conners Organizations: CNN, Golf, PGA, Augusta National, Reuters Locations: Georgia, USA
☆ 1 Icon, 6 Shoes, $8 Million: an Auction of Michael Jordan's Championship Sneakers Sets a Record
  + stars: | 2024-02-03 | by ( Associated Press | Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
NEW YORK (AP) — A collection of sneakers that superstar Michael Jordan wore as he and the Chicago Bulls won six NBA championships has fetched $8 million at auction, setting a new record for game-worn sneakers, Sotheby's said. The six Air Jordan shoes — one apiece from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 championship series — sold Friday. The auction lot included photos of Jordan wearing a single shoe as he celebrated the 1992, 1993, 1996 and 1998 wins. The pair he wore in the second game of the 1998 NBA Finals was sold through Sotheby's last April for $2.2 million, a record for a pair of sneakers. The highest auction price for any Jordan memorabilia was $10.1 million for his jersey from the first game at that series, according to Sotheby's, which sold it 2022.
Persons: Michael Jordan, Sotheby's, Air Jordan, —, Michael Jordan’s, Wachter, Sotheby’s, ”, Jordan, David Stern Organizations: Chicago Bulls, NBA, Air, longtime Bulls, Jordan, Nike, Bulls, Heritage
☆ Meet the vintage toy collectors that have turned their hobby into an investment opportunity
  + stars: | 2023-11-21 | by ( Lin Lin | ) www.cnbc.com   time to read: +3 min
Lau started selling vintage figurines with his friends on Sundays in 2005 while working a full-time job as a technician. While traditional investments such as stocks and real estate are more common, some people view vintage toys as a unique, fun, and potentially profitable asset class. Figurine collector Dennis Pek CNBCHe told CNBC he only resells to reorganize and update his collection. "I have probably invested about $80,000 on my collection, but I do it mostly because I love it," he told CNBC. Chang told CNBC about the generational shifts in collecting preferences he has observed.
Persons: Lau, Dennis Pek, collectables, Chang Yang Fa, Chang Organizations: SINGAPORE —, CNBC, Power Rangers, MINT Museum of Toys, MINT Museum of Toys CNBC Locations: Singapore
☆ Prices for a set of Messi’s World Cup jerseys could exceed a record $10 million
  + stars: | 2023-11-20 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
A set of six jerseys that he wore during last year’s World Cup, which his home country of Argentina won, are being put up for auction by Sotheby’s next week. That shirt currently holds the world record title of being the “most valuable item of sports memorabilia ever sold at auction,” according to the auction house. Bids were initially expected to range from $5 million to $7 million, perhaps signaling that Messi’s jersey prices could go higher. The online auction for Messi’s jerseys runs from November 30 to December 14 and will be displayed during that time in a free exhibition at Sotheby’s gallery in New York. His appearances sent MLS ticket prices skyrocketing and fans had trouble getting their hands on replica jerseys for several months.
Persons: Lionel Messi, Sotheby’s, Michael Jordan, Diego Maradona, ”, Brahm Wachter, Messi, Messi’s, Tom Brady, Kobe Bryant, Germain Organizations: New, New York CNN — Soccer, France, FC Barcelona, Cristiano Ronaldo’s Real, NFL, NBA, MLS, Inter Miami, Paris Saint, FIFA, Adidas Locations: New York, Argentina, Argentine, Cristiano Ronaldo’s Real Madrid, Barcelona, Paris, Qatar
☆ Fanatics helps pro athletes transition to life after sports with business immersion program
  + stars: | 2023-11-09 | by ( Jessica Golden | ) www.cnbc.com   time to read: +2 min
Fanatics is helping professional athletes transition to life after the final buzzer — or pitch, or whistle. Through the one-week immersion program, players get in-classroom learning combined with hands-on experiences in Fanatics' different business units. The company says it is uniquely positioned to help athletes lay the groundwork for the next chapter of their careers with its wide-ranging sports portfolio. Athletes in the program get a first-hand look at everything from Fanatics' collectables business to its apparel company to its VIP and loyalty programs. Harrison joined 10 other professional athletes in Los Angeles this week for the Fanatics program.
Persons: it's, Orlando Ashford, Ashford, Isabelle Harrison, Harrison Organizations: WNBA, MLB, University of Southern, NFL Locations: University of Southern California, Los Angeles
☆ The future of travel: 10 concepts that will change the way we experience the world
  + stars: | 2023-06-20 | by ( Kate Springer | ) edition.cnn.com   time to read: +22 min
Concepts that feel plucked from sci-fi novels and films are quickly making their way into mainstream travel, shaping every step of the journey. Seamus PayneLike air travel, eco-conscious hotels are paving the way for more sustainable travel in the future. HyperloopTTUS entrepreneur Elon Musk has been talking about hyperloop technology – an ultra-high-speed transport system in a low-pressure vacuum tube – for years. Meanwhile, Toronto-based TransPod hopes to bring hyperloop technology to Canada with its eponymous tube-based transportation system powered by renewable energy. By 2025, the company plans to build a 620-mile-per-hour TransPod link between Calgary and Edmonton, connecting the two cities in 45 minutes.
Persons: Elijah Nouvelage, Indira Gandhi, Paris Charles de Gaulle, Austin Farmer, we’ll, don’t, David ”, you’ll, Alexander the Great, ” Michael Breer, KAWS, collectables –, Breer, ” Breer, You’ve, ” Jetson, Peter Ternstrom, Apollo, Cruise, ”, what’s, Boom’s, –, Seamus Payne, room2, Marcel Breuer, Tesla, charades, Yusaku Maezawa, Elon Musk, hyperloop, Virgin Hyperloop, HyperloopTT, Hardt Hyperloop Organizations: CNN, Travel, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Getty, Dubai International Airport, Hong Kong International Airport, Indira, Indira Gandhi International, European Union, Emirates, Dubai International, American Airlines, United, Delta, Bluetooth, Alaska Airlines, Lufthansa, Qatar Airways, Specterras Productions, CNN Travel, VR, Aircraft, Federal Aviation Administration, Baidu, Hyundai, Las, CNN Travel ., Alphabet Inc, Beta, International Civil Aviation Organization, Alice, DHL, Air New, Concorde, Japan Airlines, Bauhaus, CEH Technologies, Origin, SpaceX, International Space, NASA, Galactic, Space Training Academy, Nastar Center, Boring Company, Virgin, Hyperloop Transportation Technologies, China Morning Post, China Aerospace Science, Industry Corporation, European Hyperloop Center Locations: Singapore, Dubai, Tokyo Narita, Tokyo Haneda, Delhi, London Heathrow, Paris, Dutch, Europe, Florence, Palmyra, Machu Picchu, New York, Ehang, China, Boston, Las Vegas, Motional, Phoenix, San Francisco, Los Angeles, North America, Austin, Beijing, Chongqing, Wuhan, Shanghai, Guangzhou, Mexico, Air New Zealand, Denver, New York City, Frankfurt, LA, Sydney, London, New Haven , Connecticut, Hungarian, Norway, Red, Saudi Arabia, Amsterdam, Chicago, Cleveland, Pittsburgh, Shanxi province, Netherlands, Toronto, Canada, Calgary, Edmonton
☆ NBA and Ant Group launch a strategic partnership in China
  + stars: | 2023-02-21 | by ( ) www.cnbc.com   time to read: 1 min
A logo of Ant Group is seen at the company's headquarters on October 9, 2020 in Hangzhou, Zhejiang Province of China. Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content, program broadcasting and membership. Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement. The collaboration with the professional basketball league's Chinese business arm will also cover areas such as joint marketing campaigns and digital collectables, Ant Group said.
☆ Kobe Bryant's jersey from MVP season sold for $5.8 million
  + stars: | 2023-02-10 | by ( ) www.reuters.com   time to read: +1 min
Feb 10 (Reuters) - A Los Angeles Lakers jersey worn by Kobe Bryant during his only MVP season in 2007-08 fetched $5.8 million at an auction on Thursday, becoming the second-most expensive basketball jersey ever sold, auction house Sotheby's said. Michael Jordan's jersey from the opening game of the 1998 NBA Finals holds the record for the most expensive piece of game-worn sports memorabilia in history after it sold for over $10 million in September also via Sotheby's. Bryant, an 18-times All Star and five-times NBA champion, died in a January 2020 helicopter crash that also killed his daughter and seven others. Sotheby's website said the jersey was signed by Bryant and worn by him in 25 of his 82 games that season, including six playoff games. "(It) has become a symbol of his fierce determination and passion that has resonated with audiences across the world."
☆ Iconic Kobe Bryant jersey sells for record $5.8 million at auction
  + stars: | 2023-02-09 | by ( Jessica Golden | ) www.cnbc.com   time to read: +1 min
A jersey that belonged to late basketball star Kobe Bryant, expected to fetch between 5-7 million USD, is displayed at Sotheby's auction house in New York on February 1, 2023. An iconic Kobe Bryant jersey from his MVP season sold for $5.8 million on Thursday, setting a new record. The previous sale record for any item of Kobe Bryant sports memorabilia was set by a game-worn and autographed basketball jersey from the 1996-1997 season, which sold for $3.7 million in 2021. Sotheby's previously estimated the jersey would sell for between $5 million and $7 million. Sotheby's in September sold Michael Jordan's 1998 "Last Dance" jersey for $10.1 million, a record-breaking auction in its own right.
☆ Fanatics valuation hits $31 billion after $700 million investment round
  + stars: | 2022-12-06 | by ( Jessica Golden | ) www.cnbc.com   time to read: +2 min
Michael Rubin's sports platform company Fanatics has raised $700 million in fresh capital, pushing its value to $31 billion, according to people familiar with the matter. In March, the company raised $1.5 billion led by Fidelity and Blackrock and Michael Dell's MSD Partners. This summer, Fanatics ventured deeper into collegiate sports, signing a long-term deal with Nike to manufacture college sports fan apparel. Rubin now has his eyes on the sports gaming market. Revenue for Fanatics, including its Lids segment, will be approximately $8 billion in 2023, according to company estimates.
☆ Jordan's 'Last Dance' jersey sells for record $10.1 million
  + stars: | 2022-09-15 | by ( ) www.reuters.com   time to read: +2 min
The previous record was established earlier this year at Sotheby's, with Argentine soccer great Diego Maradona's "Hand of God" jersey fetching a staggering $9.3 million. REUTERS/Nathan Frandino Read More"Yet again, today's record-breaking result... solidifies Michael Jordan as the undisputed G.O.A.T, proving his name and incomparable legacy is just as relevant as it was nearly 25 years ago." Jordan's jersey was expected to fetch $3 to $5 million at Sotheby's "INVICTUS" auction and eclipsed the $3.7 million spent in May on Kobe Bryant's Los Angeles Lakers jersey worn in his rookie year -- the previous record for a basketball jersey at auction. It also broke the record for any item of Jordan sports memorabilia after his autographed relic card from 1997-1998 sold for $2.7 million. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shrivathsa Sridhar in Bengaluru Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
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