Economic Rules Hub
  • World
  • Politics
  • Business
  • Investing
Home Business Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line
Business

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

by admin May 22, 2025
May 22, 2025

Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event.

The company announced Tuesday it is introducing a skills-based competition at Fanatics Fest 2025, taking place June 20-22 in New York City. Fanatics says more than $2 million will be given away in prizes, including a $1 million cash prize for first place, a Ferrari 812 GTS for second place and a Lebron James collectors card worth $250,000 for third place. If no fans finish in the top three, falling short of the celebrity competitors, the highest-scoring fan will receive $100,000.

If a celebrity competitor comes in first, they take home the seven-figure prize.

“I think the thinking was, how do we create even more of an insane environment where fans and athletes and streamers are all running around, in this case, quite literally, having a great time and showcasing all of that,” said Lance Fensterman, CEO of Fanatics Events.

It’s the second Fanatics Fest after the inaugural event last year drew more than 70,000 fans and brought together major sports leagues and hundreds of current and former athletes. The offerings last year included league activations, autograph sessions and a trading cards and collectibles show.

This year, Fanatics is hoping to go even bigger — with a goal of bringing in 100,000 attendees — as the company continues to broaden its reach in sports marketing.

Michael Rubin acquired Fanatics in 2011 after merging it with his company, GSI Commerce. What began as a sports e-commerce platform has evolved in recent years into a diverse sports platform offering trading cards and sports memorabilia, live shopping, betting and gaming, as well as an events business.

Fifty fans will be selected to compete at Fanatics Fest 2025 against top talent that also includes comedian Kevin Hart, former New England Patriot Rob Gronkowski, Los Angeles Clippers shooting guard James Harden and Olympic gymnast Jordan Chiles.

The competition will include Major League Baseball pitching accuracy, National Hockey League slapshot accuracy, National Football League passing accuracy, a National Basketball Association shooting competition, a FIFA goal scoring challenge and a golfing contest. Fans can apply to participate by submitting a short video in the Fanatics app.

While Fanatics’ events business represents just a small fraction of business — last valued at $25 billion, according to a person familiar with the company — Fensterman said Fanatics Fest creates a lot of positive sentiment around the company.

“It’s incredibly impactful in terms of bringing the entire ecosystem together for the sole focus of delighting,” he said.

This post appeared first on NBC NEWS

0
FacebookTwitterPinterestEmail
previous post
A man once sued by the SEC wins Trump crypto contest to have dinner with the president
next post
Blue Sky Uranium Schedules Start of Drill Program for Ivana Uranium-Vanadium Project

Related Posts

A man once sued by the SEC wins Trump crypto...

May 22, 2025

Target calls price hikes a ‘very last resort’ for offsetting...

May 22, 2025

Levi Strauss to sell Dockers to brand management firm Authentic...

May 21, 2025

Tariffs or not, a Chinese baby products company is ramping...

May 21, 2025

Boeing would avoid guilty plea, prosecution over 737 Max crashes...

May 17, 2025

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store...

May 17, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Foreign diplomats come under Israeli fire on official West Bank visit

      May 22, 2025
    • Israel ‘probably’ killed Hamas leader Mohammed Sinwar, Netanyahu says, vowing all of Gaza will be under Israeli control

      May 22, 2025
    • Member of Irish hip hop trio Kneecap charged with terrorism offence

      May 22, 2025
    • Kim Jong Un’s fury after watching North Korea’s new navy destroyer crippled in botched launch

      May 22, 2025
    • Armed assailants rob tourists, drain bank accounts on Peruvian Amazon boat trip

      May 22, 2025

    Categories

    • Business (1,365)
    • Investing (3,291)
    • Politics (4,421)
    • World (4,327)
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy
    • Contacts
    • About us

    Disclaimer: EconomicRulesHub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 EconomicRulesHub.com | All Rights Reserved

    Economic Rules Hub
    • World
    • Politics
    • Business
    • Investing