Capital Cash Digest
  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News

Capital Cash Digest

  • Business
  • Politics
  • Finance
  • Stocks
  • Investing
  • World News
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
Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

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
FacebookTwitterGoogle +Pinterest
previous post
A man once sued by the SEC wins Trump crypto contest to have dinner with the president
next post
New book exposes how top Biden comms staffer was ‘tip of the spear’ covering up Biden’s cognitive decline

You may also like

Cava revenue beats estimates as Mediterranean chain reports...

May 23, 2025

Burger King targets families through movie partnerships in...

May 23, 2025

A man once sued by the SEC wins...

May 22, 2025

Levi Strauss to sell Dockers to brand management...

May 21, 2025

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

May 22, 2025

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

May 21, 2025

‘Shark Tank’ alum Bombas taps former Under Armour...

May 22, 2025

How UnitedHealthcare became the face of America’s health...

May 23, 2025

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

May 23, 2025

Armenian organized crime rings charged with stealing $83...

May 23, 2025

Recent

  • Emerging Stocks to Watch – Breakouts, Momentum & Upgrades!

    May 23, 2025
  • S&P 500, Bitcoin & XLK: What the Charts Are Saying Now

    May 23, 2025
  • MACD + ADX: Spot the Pullbacks Worth Trading

    May 23, 2025
  • S&P 500 Slide Explained: What Past Price Action Reveals About Market Dips

    May 23, 2025
  • Harvest Gold Soil Sampling Program Reveals Several New Gold Targets At Its Quebec Mosseau Project

    May 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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


    Categories

    • Business (12)
    • Finance (10)
    • Investing (42)
    • Politics (57)
    • Stocks (24)
    • World News (53)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 capitalcashdigest.com | All Rights Reserved