Topps out---Fanatics in - Page 32

JWBlue · 08-19-2021, 07:13 PM

Not liking this at all. Wish Panini got the license.

k13 · 08-19-2021, 07:13 PM

We'll be going from the biggest boom to the biggest bust in a few years.

whitmm · 08-19-2021, 07:14 PM

Quote:

Originally Posted by jjcan

I would still buy:

Topps Fanatics Baseball
Prizm Fanatics Basketball
Select Fanatics Football
Topps Chrome Super Fanatics Baseball
Heritage Cool Sneaker cards

But if they are $1k/ box (flagship) because they spent X10 the money for this license and still did not purchase TOPPS (if they do)

Imagine the cost of a purchased Topps and Teams/players license.

That box is now $1200, or $300/box but printed too the moon.... We have not see Junk wax era 2.0 really that is coming in 2024

I would also buy licensed Panini Fanatics Diamond Kings and licensed Panini Fanatics Donruss baseball

I would say their approach to recouping their money would not be jack the price, but keep the price low and jack the production up.

JWBlue · 08-19-2021, 07:15 PM

I disagree with 90% of the opinions in here. HA HA!

BBases31 · 08-19-2021, 07:16 PM

Quote:

Originally Posted by anusinha

it may not be an exclusive... lets see.

Tweet said exclusive

Quote:

Originally Posted by Flip024

This is just unequivocally false. Many collectors now started collecting during that time and the nostalgia those sets provide would have a lot of people collecting upcoming Heritage. Archives is usually a cheaper version, both in print quality and feel

Heritage is boring and has been steadily going down for years.

Pacmeyer · 08-19-2021, 07:16 PM

Quote:

Originally Posted by ethanwa

I’m already thinking of my exit strategy from this hobby now…

Sad day.

This thread is almost as entertaining as the P2020 thread at its peak.

dhendrix1303 · 08-19-2021, 07:17 PM

Fanatics Now!

BigSeph · 08-19-2021, 07:18 PM

Quote:

Originally Posted by jjcan

I would still buy:

Topps Fanatics Baseball
Prizm Fanatics Basketball
Select Fanatics Football
Topps Chrome Super Fanatics Baseball
Heritage Cool Sneaker cards

But if they are $1k/ box (flagship) because they spent X10 the money for this license and still did not purchase TOPPS (if they do)

Imagine the cost of a purchased Topps and Teams/players license.

That box is now $1200, or $300/box but printed too the moon.... We have not see Junk wax era 2.0 really that is coming in 2024

Do you know what Topps sells say... Topps Series 1 to GTS for?

If you don't, you have no idea how much markup exists between the actual manufacturer and the person trying to buy Series 1 boxes from a distributor or reseller.

I think the average person would be SHOCKED to know how much Topps and Panini sell direct to distributors for vs how much they might pay on the secondary market.

Fanatics is likely aware of this markup difference and several other "inside tips," and they have Panini to thank for it thanks to the "Fanatics Exclusive" products that allowed them to see:

What they had to pay for a box of cards
What discounts Panini offered if they bought a bunch more cards
How much demand there was for said box of cards
What they could realistically make from selling said box of cards

They already have insight and actual data on the same level that a first-level distributor would have, they just don't have it for as many products.

I would imagine that dry run trial of reselling "Fanatics Exclusive Prizm Blasters" gave them all the data they needed to pull the trigger on jumping into the sports card industry. They only needed to bully Topps and Panini for the licensing, and that licensing cost was likely already calculated and factored in when they evaluated the numbers.

The more products they make, the more money they can make. They needed to scale it across multiple sports for their model to work most likely, and look what they did.

Multiplying a standard box of sports cards by a factor of 10 is overly simplistic and there's no way they are dumb enough to mark everything up x10 out of the gate.

soey10 · 08-19-2021, 07:20 PM

Why is it that there has to be an exclusive deal and not multiple deals like it used to be. Win win for the collector and for the players

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pewe · 08-19-2021, 07:20 PM

Quote:

Originally Posted by JWBlue

I disagree with 90% of the opinions in here. HA HA!

How about the confident assertions??? Better agreeability score?

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VinnyH · 08-19-2021, 07:21 PM

I’ll go on record that Topps is eventually bought out by Fanatics.

I’m not a financially smart guy, that’s why I married a woman who is. At some point, and it could be anytime, Topps will have to sell. They can’t live on non-sports and side products that today may be 25% of their business. It would be smarter to sell than downsize drastically.
The key will be Fanatics desire to have the Topps tradition as a marketing vehicle. As many have said, the Topps name is synonamous with baseball and sports cards.

Imho,
Vinny

goodsport97 · 08-19-2021, 07:21 PM

With as many complaints and frustrations that I've had with Topps over the years, they are still a huge part of my childhood and now adulthood. I wasn't a huge fan of Topps having the exclusive MLB license, but they do make products I like and made up most of my purchases even before the exclusivity. Fanatics could surprise me and make some decent products, but for now my expectations are low and I'm kinda bummed.

80s Kid · 08-19-2021, 07:22 PM

Quote:

Originally Posted by soey10

Why is it that there has to be an exclusive deal and not multiple deals like it used to be. Win win for the collector and for the players

Sent from my iPhone using Tapatalk

More money in exclusive. Multiple deals is not a win for players if a company is willing to pay huge amounts for exclusive deals

NYRE2PECT · 08-19-2021, 07:22 PM

Quote:

Originally Posted by Doodlegrass

As a fanatics employee- I can’t disclose what dept or my position - but this is exciting and great designs/ideas are already in the works for the boomers that will refuse to buy because they blindly follow a company that ran out of ideas a decade+ ago

Maybe it is time for me to be done.

VinnyH · 08-19-2021, 07:22 PM

Quote:

Originally Posted by soey10

Why is it that there has to be an exclusive deal and not multiple deals like it used to be. Win win for the collector and for the players

Sent from my iPhone using Tapatalk

Companies won’t pay more to share.
Vinny

JWBlue · 08-19-2021, 07:22 PM

I’ll go on record that Topps is eventually bought out by Fanatics.

Pretty much a lock. Driving to Vegas and pouring money into this.

Nothing will change.

footfutbol · 08-19-2021, 07:23 PM

Not sure if said elsewhere, but with them hiring the stockx guy to run things my guess is that they are going to really focus on high end exclusive products vs printing everything to the moon. Open a ebay like marketplace so they get a cut after the release. Then they get rewarded over the whole product life cycle.

Silent George · 08-19-2021, 07:24 PM

Quote:

Originally Posted by Handsome Wes

This is heartbreaking. Every year, I get the Topps factory set and the Topps update set. I've been doing this since I was six years old. My most prized collection is my of my Topps Hall of Famers - I have the last Topps card of every player (all the way back to 1951 Bobby Doerr), and pretty much every Topps card that appeared in a main set for the last forty years (except the 82 Traded Ripken).

I have extreme brand loyalty, and it's no surprise why. These are the cards I collected in my youth. They're the cards my father collected.

And soon... they'll be generic brand crap. All because Manfred wanted to chase an extra dollar at the expense of thumbing his nose at the fans. I ******* hate this.

I love your collection. I completely understand your pain. But I really just want to say that it’s time you get the Ripken.

UCCF · 08-19-2021, 07:24 PM

Quote:

Originally Posted by pewe

NFTs cost them little to no $… it’s all digital in the future

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This is the only thing that would make me bow out completely. I have no interest in something I can't hold in my hands, or put in a binder and flip through on a rainy day.

I'm sure all-digital is coming at some point, I just hoped it would be after I was dead.

caulaflour · 08-19-2021, 07:25 PM

Quote:

Originally Posted by VinnyH

I’ll go on record that Topps is eventually bought out by Fanatics.

I’m not a financially smart guy, that’s why I married a woman who is. At some point, and it could be anytime, Topps will have to sell. They can’t live on non-sports and side products that today may be 25% of their business. It would be smarter to sell than downsize drastically.
The key will be Fanatics desire to have the Topps tradition as a marketing vehicle. As many have said, the Topps name is synonamous with baseball and sports cards.

Imho,
Vinny

I am surprised more people are not convinced of this (as you and I are, Vinny). I believe they will be waiting for the price to go down a bit before they finally do so; I reckon that's the plan. Today it's a lot and they're betting that tomorrow (or next year?) it will not be. Then they will do what others have suggested: print the cards that people know and want.

marterburn · 08-19-2021, 07:25 PM

If you think about this timing, it 100% has to do with Topps going public, and that they now (almost surely) won't be.

Why do you do that if you don't have designs on acquiring the company? There is no spite in corporate acquisition, just manipulation of opportunity cost.

It's also likely Fanatics has approached Topps previously, and this strengthens their position.

It's highly doubtful Eisner & co want to hold on to their asset -- what's the point, when you're losing 30% of your business with no means of recovering it? You have a convenient suitor already, so why not?

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hoos · 08-19-2021, 07:26 PM

I’m excited to be able to complete my Topps Living Set

80s Kid · 08-19-2021, 07:29 PM

Quote:

Originally Posted by marterburn

If you think about this timing, it 100% has to do with Topps going public, and that they now (almost surely) won't be.

Why do you do that if you don't have designs on acquiring the company? There is no spite in corporate acquisition, just manipulation of opportunity cost.

It's also likely Fanatics has approached Topps previously, and this strengthens their position.

It's highly doubtful Eisner & co want to hold on to their asset -- what's the point, when you're losing 30% of your business with no means of recovering it? You have a convenient suitor already, so why not?

Sent from my SM-G960U using Tapatalk

Topps shouldn’t have decided to go public if they didn’t plan on using the money for licensing. Their value is tied too much to licensing deals.

dizzydolse · 08-19-2021, 07:30 PM

Devil's advocate - this is awesome, the current system sucks. Topps are idiots. This will be awesome and fair for all collectors.

NYRE2PECT · 08-19-2021, 07:30 PM

Quote:

Originally Posted by NYBBFAN

Show me all your pajama cards while sipping a Dr. Thunder.

Curse you. Down here in south Texas it is Dr. B.

08-19-2021, 07:17 PM	#782
dhendrix1303 Member Join Date: Jan 2013 Posts: 9,711	Fanatics Now! __________________ Buying: 1995 Atlanta Braves autos Pre-80's Atlanta Braves PSA Vintage

08-19-2021, 07:21 PM	#786
VinnyH Member Join Date: Jul 2007 Location: Westchester, NY Posts: 10,273 vjweb VinnyH	I’ll go on record that Topps is eventually bought out by Fanatics. I’m not a financially smart guy, that’s why I married a woman who is. At some point, and it could be anytime, Topps will have to sell. They can’t live on non-sports and side products that today may be 25% of their business. It would be smarter to sell than downsize drastically. The key will be Fanatics desire to have the Topps tradition as a marketing vehicle. As many have said, the Topps name is synonamous with baseball and sports cards. Imho, Vinny __________________ I admit, I like collectibles for the action. Buying, selling, prospecting, gambling, etc., are parts of the fun. I will say that being older than many here I just can’t justify sticker autos. Give me a nice on-card auto and I feel that little connection to the signer.

08-19-2021, 07:21 PM	#787
goodsport97 Member Join Date: Dec 2012 Location: Fort Collins, CO Posts: 847 redsoxfanatic97	With as many complaints and frustrations that I've had with Topps over the years, they are still a huge part of my childhood and now adulthood. I wasn't a huge fan of Topps having the exclusive MLB license, but they do make products I like and made up most of my purchases even before the exclusivity. Fanatics could surprise me and make some decent products, but for now my expectations are low and I'm kinda bummed. __________________ Red Sox, Jonah Heim @lasershowcards on Instagram

08-19-2021, 07:26 PM	#797
hoos Member Join Date: Oct 2011 Location: Virginia Posts: 1,369 hooscards	I’m excited to be able to complete my Topps Living Set __________________ Nomad by profession, Seattleite by heart. Collecting: Edgar Martinez; Jay Buhner; Ken Griffey, Jr.; Randy Johnson; JRod; Big Dumper; Brad Miller; Vintage Seattle PSA slabs; 1955 Topps PSA

08-19-2021, 07:13 PM	#776
JWBlue Member Join Date: Sep 2014 Location: Phoenix, AZ Posts: 10,231	Not liking this at all. Wish Panini got the license.

08-19-2021, 07:13 PM	#777
k13 Banned Join Date: Jan 2014 Posts: 12,617	We'll be going from the biggest boom to the biggest bust in a few years.

08-19-2021, 07:15 PM	#779
JWBlue Member Join Date: Sep 2014 Location: Phoenix, AZ Posts: 10,231	I disagree with 90% of the opinions in here. HA HA!

08-19-2021, 07:20 PM	#784
soey10 Member Join Date: Aug 2019 Location: Bakersfield, CA Posts: 1,607 Soey	Why is it that there has to be an exclusive deal and not multiple deals like it used to be. Win win for the collector and for the players Sent from my iPhone using Tapatalk

08-19-2021, 07:22 PM	#791
JWBlue Member Join Date: Sep 2014 Location: Phoenix, AZ Posts: 10,231	I’ll go on record that Topps is eventually bought out by Fanatics. Pretty much a lock. Driving to Vegas and pouring money into this. Nothing will change.

08-19-2021, 07:23 PM	#792
footfutbol Member Join Date: Mar 2021 Posts: 311	Not sure if said elsewhere, but with them hiring the stockx guy to run things my guess is that they are going to really focus on high end exclusive products vs printing everything to the moon. Open a ebay like marketplace so they get a cut after the release. Then they get rewarded over the whole product life cycle.

08-19-2021, 07:25 PM	#796
marterburn Member Join Date: May 2018 Location: Milwaukee area Posts: 4,719 burnmax12 burnmax12	If you think about this timing, it 100% has to do with Topps going public, and that they now (almost surely) won't be. Why do you do that if you don't have designs on acquiring the company? There is no spite in corporate acquisition, just manipulation of opportunity cost. It's also likely Fanatics has approached Topps previously, and this strengthens their position. It's highly doubtful Eisner & co want to hold on to their asset -- what's the point, when you're losing 30% of your business with no means of recovering it? You have a convenient suitor already, so why not? Sent from my SM-G960U using Tapatalk

08-19-2021, 07:30 PM	#799
dizzydolse Member Join Date: Nov 2010 Posts: 2,938	Devil's advocate - this is awesome, the current system sucks. Topps are idiots. This will be awesome and fair for all collectors.