Fanatics buys PWCC

Exhibitman · #1 05-26-2023, 08:55 AM

Fanatics has been slabbing cards for quite some time already, authenticating autographed cards from their signings.

Fanatics' management cannot be blind to the fact that CCG was already grading game cards and started CSG by hiring some Beckett people. The next move could be a high profile hire from an existing TPG to run a new grading division. They already have the holder machines, all they need is a label redesign and someone to run the division. I'd even go so far as to speculate that the hire will come out of PSA in Cali because our state has the strictest laws in the country against allowing employers to force employees to sign non-compete agreements. They are 100% illegal and unenforceable against Cali residents regardless of where the company is located or what choice of law they stick into the contract.

BobC · #2 05-26-2023, 02:02 PM

Quote:

Originally Posted by Exhibitman

Fanatics has been slabbing cards for quite some time already, authenticating autographed cards from their signings.

Fanatics' management cannot be blind to the fact that CCG was already grading game cards and started CSG by hiring some Beckett people. The next move could be a high profile hire from an existing TPG to run a new grading division. They already have the holder machines, all they need is a label redesign and someone to run the division. I'd even go so far as to speculate that the hire will come out of PSA in Cali because our state has the strictest laws in the country against allowing employers to force employees to sign non-compete agreements. They are 100% illegal and unenforceable against Cali residents regardless of where the company is located or what choice of law they stick into the contract.

Exactly right and all very true. The idea of acquiring/partnering with an already known and hobby accepted TPG though could also maybe be to take more advantage of that TPGs already existing client/customer base. Expand the market, as BlueSky alluded to in an earlier post. Building up your own TPG company, while stealing talent from other existing TPGs, can work very well also, especially when you also own/control an actual major card manufacturer and retail seller/market already.

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