
via Getty
CLEVELAND, OHIO – NOVEMBER 27: Tom Brady #12 of the Tampa Bay Buccaneers warms up before a game against the Cleveland Browns at FirstEnergy Stadium on November 27, 2022 in Cleveland, Ohio. (Photo by Nick Cammett/Getty Images)

via Getty
CLEVELAND, OHIO – NOVEMBER 27: Tom Brady #12 of the Tampa Bay Buccaneers warms up before a game against the Cleveland Browns at FirstEnergy Stadium on November 27, 2022 in Cleveland, Ohio. (Photo by Nick Cammett/Getty Images)
It’s no secret how Tom Brady is spending the football-free season! Whether it’s his enterprising ventures or grand celebrations like the star-studded all-white 4th of July party, he continues to bask in the spotlight. Hosted by billionaire mogul Michael Rubin at his Hampton residence, this lavish event even brought TB12 into intense rumors with not one, but two notable attendees, Kim Kardashian and Emily Ratajkowski. However, it’s the host himself who has now taken center stage with a major development.
Rubin is the CEO of Fanatics, the leading sports merchandise provider in the world, who is set to start an exclusive deal with the NFL a few years later. However, a recent update has come from that deal, which will greatly benefit Rubin while sabotaging the current contractor.
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Tom Brady’s party host gets it early!
A deal originally scheduled to begin in 2026 has taken an unexpected turn, now slated to commence this year. This sudden acceleration follows the NFL’s decision to sever ties with its ongoing partner, Panini, a company locked in a competitive corporate rivalry with Fanatics. The NFL Players Association promptly communicated this update to their agents, as evidenced by a recently surfaced email shared online.
The NFLPA has terminated its trading card agreement with Panini, effective immediately.
Fanatics now holds exclusive rights to produce NFLPA-branded trading cards.
Email was just sent out informing contract advisors of the decision: pic.twitter.com/FGK3lBGHSn
— Ari Meirov (@MySportsUpdate) August 21, 2023
The visible excerpt of the email, potentially from the NFLPA, opens by acknowledging the termination of its association with Panini. It proceeds to highlight that Rubin’s enterprise has secured exclusive rights to create NFLPA-branded trading cards. Importantly, the email underscores that this change won’t impact any ongoing agreements between Panini and league athletes. The communication concludes by encouraging agents to support their players in fulfilling their contractual obligations with the company in question.
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This unforeseen twist arrives just weeks after both companies found themselves embroiled in a heated legal dispute.
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Is Fanatics creating a monopoly?
Two weeks ago, Panini initiated a lawsuit against Fanatics, citing alleged antitrust practices and igniting one of the highest-profile disputes in the trading card industry in over four decades. In retaliation, Rubin’s enterprise filed a countersuit, alleging unfair competition and tortious interference. This legal skirmish ensued after Fanatics successfully secured key licenses with prominent entities such as the NBA, MLBPA, and NBPA.
Panini, in previous years, retained exclusive production rights for these leagues, including the NBA since 2009 and the NFL since 2016. Notably, Fanatics has also acquired Topps and secured exclusive deals with various other domestic leagues, while also gearing up to launch their sportsbook in 15-20 states.
Notably, Panini argued that Fanatics was creating a monopoly. In the counter-sue, the latter claimed that Panini was incompetent and failed to properly do business with the leagues.
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As the news continues to unfold, official confirmations from the parties involved remain pending. It will surely be intriguing to see how this all unfolds in the coming future.
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