Topps Debt Rating Downgraded on Loss of MLB Deal, SPAC Shutdown
The credit rating of trading card giant Topps Co. has been pushed deeper into junk bond territory as last week’s loss of Major League Baseball’s license for cards…
TOPPS
Sporticast: Topps’ Next Steps, Joe Tsai’s Empire, Giannis’ Brewers Buy
On the latest episode of Sporticast, host Scott Soshnick is joined by Sportico managing editor Matt Bok to discuss the week’s news, including a recap of Major League…
Prime
Topps Mulls Options Amid Claims MLB Fanatics Deal Done in Secret
The termination of the merger between Topps and the special purpose acquisition company Mudrick II on Friday could spark a lengthy legal fallout. The death of the deal…
Topps Deal Terminated by SPAC After MLB, Players Bolt
The merger between Topps and the special purpose acquisition company Mudrick II has been terminated, according to a filing with the Securities & Exchange Commission…
Prime
Eisner Outflanked by Fanatics as $600 Million Payday Foiled by MLB Players
It’s as if Mickey Mouse packed up and made camp over at Universal. Or maybe worse. Dealmaker Michael Eisner’s latest trophy project was dealt a huge blow when the MLB…
MLB, Players Ending Topps Card Deal for Fanatics Joint Venture
Major League Baseball and the MLB Players Association are set to make a massive lineup change—ending an 70-year partnership with Topps to work with Fanatics…
Topps Raises 2021 Outlook Again as Second Quarter Results Shine
Sports card giant Topps released second quarter earnings this morning, detailing sales that surged 78% and increasing projections for full year revenue to as much as…
Topps Paying Off for Michael Eisner in Collectibles SPAC Merger
Trading card company Topps is finally paying off for Michael Eisner. Eisner, best known as the longtime CEO of Walt Disney Co., is bringing Topps public in a merger with…
Topps Raises 2021 Sales Projection Ahead of Stock Market Debut
Trading card maker Topps projects 2021 sales will be as much as $760 million, or around 10% more than projections presented to investors at the start of June, according…
Trevor Lawrence Signs Topps Deal for Family-Designed Card Set
With the sports card market exploding over the last year, Topps is set to dip back into the football card world with a special set of 50 Trevor Lawrence cards…
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Former U.S. Soccer Coach Jill Ellis Joins Topps Board of Directors
Jill Ellis, who coached the U.S. women’s national team to two World Cup titles, has joined the Topps Company’s board of directors. Ellis will help the sports card and…
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Fauci Baseball Card Outsells Vladimir Guerrero in Record for TOPPS
Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and one of the foremost experts on fighting diseases, now has another…
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