Thursday November 30, 2023

A-Rod’s SPAC Ends Talks of $3B Merger with Panini

  • Slam Corp. a SPAC established by Alex Rodriguez, will no longer merge with The Panini Group.
  • The combined entity would have been valued at $3 billion or more.
Matthew Emmons-USA TODAY Sports/Design: Alex Brooks
Copy Link
Link Copied
Link Copied

Slam Corp., a blank-check company established by Alex Rodriguez, will no longer merge with The Panini Group, a sports cards and collectibles company, according to Bloomberg. 

The combined entity would have been valued at $3 billion or more. 

Slam Corp. ended talks of a merger after Panini failed to renew two licensing deals with the National Basketball Association and National Football League.

  • Fanatics inked a deal with the NBA and NBPA to replace Panini as its cardmaker in 2026. 
  • The online retailer also struck a 20-year trading card deal with the NFLPA that begins in 2026, when the league’s current deal with Panini expires. 

Panini had been reportedly weighing a potential sale until Slam Corp. offered to merge in July. Now, the family-owned Italian brand known for its FIFA World Cup stickers will look elsewhere. 

Despite the merger with Slam Corp. dissolving, not all hope is lost for Panini. 

The company generated more than $1 billion in sales in 2018 and reached an agreement with the UFC in January to become the mixed martial arts promotion’s official trading card partner. 

Panini also has licensing deals with FIFA, Disney, and Epic Games.

Copy Link
Link Copied
Link Copied

What to Read

podcast thumbnail mobile
Front Office Sports Today

What’s Next for Mark Cuban, Mavericks After $3.5B Sale?


Featured Today

Lane Kiffin

Ole Miss, Lane Kiffin Lawyers Argue for Dismissal of Player Lawsuit

FOS obtained audio of Lane Kiffin's interaction with the player behind lawsuit.
LSU Lady Tigers head coach Kim Mulkey reacts against the Iowa Hawkeyes during the NCAA Womens Basketball Final Four National Championship at American Airlines Center.
November 6, 2023

Who Is The Highest-Paid Women’s College Basketball Coach?

LSU rewarded Kim Mulkey after winning a national title after her second year leading the program.
The Pac-12’s Collapse Will Have Ripple Effects on College Basketball.
November 6, 2023

The Pac-12’s Collapse Will Have Ripple Effects on College Basketball

The existing Pac-12 host a college basketball season for the last time.
Favre Presley
November 3, 2023

Brett Favre Controversy Casts Shadow Over Mississippi Gubernatorial Race

Candidate Brandon Presley has made the scandal one of his talking points.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple - USA Careers
Live Nation
Multiple - USA Careers
Saco Bay PT
Multiple - USA Careers
PFL Bellator

PFL Completes Acquisition of Bellator, Readies to Challenge UFC

“Today, the MMA market changed,” PFL Founder Donn Davis said.
CAA logo on side on building
November 13, 2023

CAA Forms Sports-Focused Investment Bank In Continued Expansion Push

Powerhouse agency looks to further expand dealmaking capabilities
November 14, 2023

German Soccer Pushing $1.1B Rights Deal To Private Equity Investors

Governing body mounting third attempt for outside investment

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
Mercedes-AMG Petronas driver George Russell drives on the track during the Formula One Las Vegas Grand Prix Launch Party at Las Vegas Strip.
November 10, 2023

Ticket, Hotel Prices Plummet As Las Vegas GP Nears

Lack of competitive drama for F1 event fuels market crash
November 9, 2023

McMahon Selling $713M In TKO Stock, CEO Emanuel Could Be A Buyer

Bombshell announcement to bring big changes to company's ownership structure
San Diego Padres shortstop Xander Bogaerts wears the ALS Lou Gehrig Day and Motorola patches during a game against the Chicago Cubs at Petco Park.
November 8, 2023

Major U.S. Sports Leagues Pull In Record $6.7B in Ad Revenue

Major U.S. sports leagues and teams saw big increases in ad revenues.
November 8, 2023

Sports A Bright Spot For Endeavor Amid Ongoing Turbulence

Majority interest in TKO, PBR fuel notable gains for company