Topps out---Fanatics in - Page 75

DioBrando · 08-23-2021, 07:10 PM

Quote:

Originally Posted by OscarOne

I still cannot understand the draw of collectable NFT. But I am starting to worry that, as a 39-year old, the hobby is already passing me by. I just dont appreciate what people like. There is no world i would ever spend a penny on these things, but who am I? Not the target audiance anymore.

Same here, about same age as well. I don't get the appeal of a NFT either

gabmets · 08-23-2021, 07:11 PM

If someone could help run these numbers as they don't quite make sense to me so i am probably missing something. If they are at least somewhat accurate this is also why i agree a merger between Topps and Fanatics is coming after Topps has a chance to cool down.

If Topps is paying the MLBPA 20+ Million a year and Fanatics deal is worth 10x that, then Fanatics would be paying about 200+ Million a year?

Topps currently has 2 years left on there MLBPA deal so that would lead me to think Fanatics thinks Topps is underpaying MLBPA by 180 Million a year for those 2 years. (360 Million for 2 years)

If the deal with MLB is similar (i have not seen any numbers for this part) and they have 4 years left on that deal - if 180 Million for 4 years (that would be about 720 Million over the 4 years).

This would create an value to Fanatics (since they are paying the new rate and feel they are worth that much) of the licenses at 1.08 Billion for the rest of the current deal Topps has with MLB and the MLBPA. Since Topps was going to go public at a deal of about 1.3 Billion why would Fanatics not buy Topps for the 1.3 Billion (or a little less) and just sell off the parts they don't want. They would get all the IP including the history of Topps. After selling the parts of Topps they don't want they would end up paying less for the licensing for the next couple of years.

The numbers seem too close together to not do it. They would also be in control of the card market sooner and would not allow Topps to cannibalize the current market. I would assume the same would hold true for the other licenses as well. Any thoughts?

JRX · 08-23-2021, 07:15 PM

Quote:

Originally Posted by gabmets

If someone could help run these numbers as they don't quite make sense to me so i am probably missing something. If they are at least somewhat accurate this is also why i agree a merger between Topps and Fanatics is coming after Topps has a chance to cool down.

If Topps is paying the MLBPA 20+ Million a year and Fanatics deal is worth 10x that, then Fanatics would be paying about 200+ Million a year?

Topps currently has 2 years left on there MLBPA deal so that would lead me to think Fanatics thinks Topps is underpaying MLBPA by 180 Million a year for those 2 years. (360 Million for 2 years)

If the deal with MLB is similar (i have not seen any numbers for this part) and they have 4 years left on that deal - if 180 Million for 4 years (that would be about 720 Million over the 4 years).

This would create an value to Fanatics (since they are paying the new rate and feel they are worth that much) of the licenses at 1.08 Billion for the rest of the current deal Topps has with MLB and the MLBPA. Since Topps was going to go public at a deal of about 1.3 Billion why would Fanatics not buy Topps for the 1.3 Billion (or a little less) and just sell off the parts they don't want. They would get all the IP including the history of Topps. After selling the parts of Topps they don't want they would end up paying less for the licensing for the next couple of years.

The numbers seem too close together to not do it. They would also be in control of the card market sooner and would not allow Topps to cannibalize the current market. I would assume the same would hold true for the other licenses as well. Any thoughts?

The quote by tony clark referring to 10x referred to this along with other licensing agreements. Also it's not 10x what topps paid per year, more like the total deal is 10x more.

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gabmets · 08-23-2021, 07:22 PM

Thank You That makes more sense. The numbers were too close to not combine the companies.

kevinandji · 08-23-2021, 07:28 PM

You think Panini will send my overdue redemptions by then which includes a Josh Allen RPA /49 which I cannot even get them to respond to numerous requests for a fair trade at this point…sorry I’m digressing. I’m for Fanatics maybe they kick redemptions to the curb???

monkeymcgee · 08-23-2021, 07:28 PM

Quote:

Originally Posted by DioBrando

Same here, about same age as well. I don't get the appeal of a NFT either

Don't blame your age--I'm 44 and I enjoy NFTs

imbluestreak23 · 08-23-2021, 07:30 PM

This guy...what a punchable face

imbluestreak23 · 08-23-2021, 07:33 PM

I have to imagine that Evan Kaplan, Robby Manfred, and any executive at StockX who was involved in this deal likely or "could have" made a fortune by shorting Mudrick spac, knowing that it's value would tank.

Rooftop · 08-23-2021, 07:37 PM

Topps should sell direct in the next few years and make as much money as possible

pewe · 08-23-2021, 07:37 PM

Quote:

Originally Posted by monkeymcgee

Don't blame your age--I'm 44 and I enjoy NFTs

What do you enjoy about them?

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monkeymcgee · 08-23-2021, 07:39 PM

Quote:

Originally Posted by pewe

What do you enjoy about them?

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The same things I enjoy about cardboard

pewe · 08-23-2021, 07:41 PM

Quote:

Originally Posted by monkeymcgee

The same things I enjoy about cardboard

What do you enjoy about cardboard?

The variable quality enabling the hunt for the perfect condition?

The smell? The feel?

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imbluestreak23 · 08-23-2021, 07:41 PM

Just as I support unlicensed UD (I prefer 2013 Giannis UD over Giannis Panini), I will support 2026 unlicensed Bowman. Bowman Chrome w/ no logos is still acceptable, and all players are fare game who aren't on the 40 man, so I'm only half upset. No Flagship is going to be a tough pill to swallow. Although I suppose, since the MLBPA is out of the way, Flagship can contain actual MiLBers 1st cards, just no logos, sprinkled in w/ HOF vets. Sprinkle in some buyback Tatis/Vlad/Trout/Acuna/Ohtani and whoever else makes it big, they can extend this for maybe 5-10 years.

Nothing will replace Bowman Chrome, ever, period.

monkeymcgee · 08-23-2021, 07:42 PM

Quote:

Originally Posted by pewe

What do you enjoy about cardboard?

The variable quality enabling the hunt for the perfect condition?

The smell? The feel?

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Putting collections together, trading, flipping, opening packs

MoreToppsPlease · 08-23-2021, 07:42 PM

Quote:

Originally Posted by pewe

What do you enjoy about them?

Putting them into my binders and top loaders.

spuds1961 · 08-23-2021, 07:58 PM

Quote:

Originally Posted by MoreToppsPlease

Putting them into my binders and top loaders.

Same here and actually holding my on card autographs that the players actually touch to sign, I am sorry but NFT’s are nothing but pictures on a screen that I can look at anytime without spending a dime, Bunch of disillusioned new collectors out there. Sorry that is my opinion if I am wrong so be it.

monkeymcgee · 08-23-2021, 08:02 PM

Quote:

Originally Posted by spuds1961

Same here and actually holding my on card autographs that the players actually touch to sign, I am sorry but NFT’s are nothing but pictures on a screen that I can look at anytime without spending a dime, Bunch of disillusioned new collectors out there. Sorry that is my opinion if I am wrong so be it.

Yeah, disillusioned new collector here since 1985

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pewe · 08-23-2021, 08:05 PM

Quote:

Originally Posted by monkeymcgee

Putting collections together, trading, flipping, opening packs

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spuds1961 · 08-23-2021, 08:06 PM

Quote:

Originally Posted by monkeymcgee

Yeah, disillusioned new collector here since 1985

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Well you must’ve missed a generation. Let’s see what those nft’s are worth in the future or when the site that houses them all crashes. I will take my little pieces of cardboard in hand thank you very much.

monkeymcgee · 08-23-2021, 08:08 PM

Quote:

Originally Posted by spuds1961

Well you must’ve missed a generation. Let’s see what those nft’s are worth in the future or when the site that houses them all crashes. I will take my little pieces of cardboard in hand thank you very much.

Sure thing, boss

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monkeymcgee · 08-23-2021, 08:09 PM

Quote:

Originally Posted by pewe

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OscarOne · 08-23-2021, 08:14 PM

Quote:

Originally Posted by spuds1961

Same here and actually holding my on card autographs that the players actually touch to sign, I am sorry but NFT’s are nothing but pictures on a screen that I can look at anytime without spending a dime, Bunch of disillusioned new collectors out there. Sorry that is my opinion if I am wrong so be it.

i feel the same way.

The physical side of the cards is, to me, half the fun. And the bonus: when the power is out I can still play with them. NFT just don't feel...like I actually own them.

I am not sure what the future holds, but I really get a bad feeling about the NFT thing...I really think its a gimmick that won't last. But I also thought that iPads were stupid...so, you know. It will interesting to see what happens, I guess.

monkeymcgee · 08-23-2021, 08:19 PM

Quote:

Originally Posted by OscarOne

i feel the same way.

The physical side of the cards is, to me, half the fun. And the bonus: when the power is out I can still play with them. NFT just don't feel...like I actually own them.

I am not sure what the future holds, but I really get a bad feeling about the NFT thing...I really think its a gimmick that won't last. But I also thought that iPads were stupid...so, you know. It will interesting to see what happens, I guess.

People feel the same about books. That’s why there are options in the marketplace.

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Timsterino · 08-23-2021, 08:20 PM

Quote:

Originally Posted by imbluestreak23

Just as I support unlicensed UD (I prefer 2013 Giannis UD over Giannis Panini), I will support 2026 unlicensed Bowman. Bowman Chrome w/ no logos is still acceptable, and all players are fare game who aren't on the 40 man, so I'm only half upset. No Flagship is going to be a tough pill to swallow. Although I suppose, since the MLBPA is out of the way, Flagship can contain actual MiLBers 1st cards, just no logos, sprinkled in w/ HOF vets. Sprinkle in some buyback Tatis/Vlad/Trout/Acuna/Ohtani and whoever else makes it big, they can extend this for maybe 5-10 years.

Nothing will replace Bowman Chrome, ever, period.

Bowman doesn’t exist without the licenses. The only reason current Panini no logo cards are possible is because they have a license from the MLBPA. Without that license they can’t even print cards with just the player’s images. I don’t think people understand this. I expect the same from the minor league organization.

pewe · 08-23-2021, 08:24 PM

Quote:

Originally Posted by monkeymcgee

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08-23-2021, 07:30 PM	#1857
imbluestreak23 Member Join Date: Mar 2012 Location: Meandering the matrix code that the hobby/forum overlords spit out Posts: 17,846 shortslabs	This guy...what a punchable face __________________ @shortslabs I'VE WITNESSED HOW THE SAUSAGE IS MADE HERE...IT'S ROTTEN https://www.youtube.com/c/TylerShort

08-23-2021, 07:33 PM	#1858
imbluestreak23 Member Join Date: Mar 2012 Location: Meandering the matrix code that the hobby/forum overlords spit out Posts: 17,846 shortslabs	I have to imagine that Evan Kaplan, Robby Manfred, and any executive at StockX who was involved in this deal likely or "could have" made a fortune by shorting Mudrick spac, knowing that it's value would tank. __________________ @shortslabs I'VE WITNESSED HOW THE SAUSAGE IS MADE HERE...IT'S ROTTEN https://www.youtube.com/c/TylerShort

08-23-2021, 07:41 PM	#1863
imbluestreak23 Member Join Date: Mar 2012 Location: Meandering the matrix code that the hobby/forum overlords spit out Posts: 17,846 shortslabs	Just as I support unlicensed UD (I prefer 2013 Giannis UD over Giannis Panini), I will support 2026 unlicensed Bowman. Bowman Chrome w/ no logos is still acceptable, and all players are fare game who aren't on the 40 man, so I'm only half upset. No Flagship is going to be a tough pill to swallow. Although I suppose, since the MLBPA is out of the way, Flagship can contain actual MiLBers 1st cards, just no logos, sprinkled in w/ HOF vets. Sprinkle in some buyback Tatis/Vlad/Trout/Acuna/Ohtani and whoever else makes it big, they can extend this for maybe 5-10 years. Nothing will replace Bowman Chrome, ever, period. __________________ @shortslabs I'VE WITNESSED HOW THE SAUSAGE IS MADE HERE...IT'S ROTTEN https://www.youtube.com/c/TylerShort

08-23-2021, 07:11 PM	#1852
gabmets Member Join Date: Jul 2016 Location: FL Posts: 115 1969gabmets gabmets	If someone could help run these numbers as they don't quite make sense to me so i am probably missing something. If they are at least somewhat accurate this is also why i agree a merger between Topps and Fanatics is coming after Topps has a chance to cool down. If Topps is paying the MLBPA 20+ Million a year and Fanatics deal is worth 10x that, then Fanatics would be paying about 200+ Million a year? Topps currently has 2 years left on there MLBPA deal so that would lead me to think Fanatics thinks Topps is underpaying MLBPA by 180 Million a year for those 2 years. (360 Million for 2 years) If the deal with MLB is similar (i have not seen any numbers for this part) and they have 4 years left on that deal - if 180 Million for 4 years (that would be about 720 Million over the 4 years). This would create an value to Fanatics (since they are paying the new rate and feel they are worth that much) of the licenses at 1.08 Billion for the rest of the current deal Topps has with MLB and the MLBPA. Since Topps was going to go public at a deal of about 1.3 Billion why would Fanatics not buy Topps for the 1.3 Billion (or a little less) and just sell off the parts they don't want. They would get all the IP including the history of Topps. After selling the parts of Topps they don't want they would end up paying less for the licensing for the next couple of years. The numbers seem too close together to not do it. They would also be in control of the card market sooner and would not allow Topps to cannibalize the current market. I would assume the same would hold true for the other licenses as well. Any thoughts?

08-23-2021, 07:22 PM	#1854
gabmets Member Join Date: Jul 2016 Location: FL Posts: 115 1969gabmets gabmets	Thank You That makes more sense. The numbers were too close to not combine the companies.

08-23-2021, 07:28 PM	#1855
kevinandji Member Join Date: Dec 2011 Location: USA Posts: 1,657	You think Panini will send my overdue redemptions by then which includes a Josh Allen RPA /49 which I cannot even get them to respond to numerous requests for a fair trade at this point…sorry I’m digressing. I’m for Fanatics maybe they kick redemptions to the curb???

08-23-2021, 07:37 PM	#1859
Rooftop Member Join Date: Oct 2013 Posts: 3,529	Topps should sell direct in the next few years and make as much money as possible