Fanatics now valued at $18 billion with new investors including hip-hop mogul Jay-Z

The official online retailer of licensed merchandise for major U.S. sports leagues and more than 150 universities—which gives the company the ability to make and sell exclusive sportswear and items.

The Michael Rubin train keeps on rolling. Never bet against Mr. Rubin.

CNBC: Sports merchandise company Fanatics now valued at $18 billion with new investors including hip-hop mogul Jay-Z

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