#Fanatics valued at B after Michael Rubin’s latest funding round

#Fanatics valued at $27B after Michael Rubin’s latest funding round

“#Fanatics valued at $27B after Michael Rubin’s latest funding round” Fanatics this week completed a $1.5 billion fundraising round that values the purveyor of sportswear at $27 billion, sources said. Founder Michael Rubin still retains majority control after selling shares to Blackrock, Fidelity and new investor MSD Capital, Michael Dell’s investment vehicle, a source said….

Read More
#Fanatics valued at B after Michael Rubin’s latest funding round

#Fanatics, Jay-Z buying sports jersey maker Mitchell & Ness

“#Fanatics, Jay-Z buying sports jersey maker Mitchell & Ness” 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…

Read More
#New York places first legal online sports bets

#New York places first legal online sports bets

“#New York places first legal online sports bets” It’s bettor in the Big Apple. New Yorkers placed their first legal online, in-state sports wagers Saturday morning, the first day mobile sports-betting was allowed in the Empire State. One gambler was feeling lucky, plunking down $15 on a longshot, six-team, football parlay — which will pay…

Read More
#NBA legend Udonis Haslem on his favorite Miami hot spots

#NBA legend Udonis Haslem on his favorite Miami hot spots

“#NBA legend Udonis Haslem on his favorite Miami hot spots” “To me, this is Magic City, because the impossible becomes possible here,” says Miami Heat power forward Udonis Haslem — who went from being undrafted after graduating from the University of Florida in 2002 to now playing his 19th season for the hometown team. Haslem,…

Read More