Fanatics buys PWCC

[BobC]

Originally Posted by mrreality68

Bob

You should be writing some of the articles we see out there.

Well written and well thought out

LOL!

Thanks Jeff. I'm sure there are many here on the forum that don't like my writing at all. But after 40-50 years as a CPA working in both the public and private sectors, and being involved with various company/entity sales and acquisitions over the many years, I know how to look at and discuss things from the business and tax standpoints as well as from the pure hobby standpoint. Let's be honest and face it, with all these bigger and bigger companies and entities getting involved in our hobby, and their expansion of the hobby industry (and an industry it now truly is), collectors tend to forget, or ignore, the fact that these hobby industry businesses are doing just that, thinking and operating like businesses first, and not really thinking like a true hobbyist/collector does.

At this point, the major U.S. sports leagues and players unions/associations are flexing their muscles and moving into the collectibles/card area of their respective sports to better control, and ultimately profit even more from, what they do in their respective sports. What will be truly interesting is how they act going forward in regard to the sports card markets, and if they continue to see it grow while also morphing and adopting to changing technology and collector/fan interests. Right now, the modern market is still primarily run through the Breakers, and thus the reason for all the manufactured rarities, crazy multiple inserts and subsets, and so on. The products are tailored for the Breaker market, and the idea that people can get big hits when buying into breaks. Set collecting is pretty much gone with modern collectors, unless you count the minority who still go to buy say a complete Topps base set every year. But even so, they tend to just buy the complete sets, not work on putting any together by buying packs/breaks. As the early Topps/baby boomer generation, that grew up buying Topps packs back then at virtually every five and dime/drugstore in the country, starts to leave us, those kinds of collectors are disappearing, along with their way of collecting and putting together sets and such. The real old vintage, pre-war stuff will always have a market and collector interest, but it will be interesting to see how things will be going forward in the modern markets, especially if Fanatics and others still involved in creating cards start doing things that in some way or manner negatively impact the Breaker distribution system/network as it currently stands. Again, will be curious to see how Fanatics and the major U.S. sports leagues and their players work together to continue, and hopefully/potentially even grow, the current sports card/collectibles market.

With my background and experience, I tend to look at the hobby with both a collector's eye, and that of a businessperson as well. Not very many collectors/hobbyists tend to like discussing the business aspects behind a lot of these industry moves. Like when it was first announced that CSG had agreed to work with and partner in grading cards for PWCC customers, not all that long after they had first entered the sports card TPG service market. In that thread, I mentioned trying to start a serious discussion about the merits and such of what CSG was doing, from a business standpoint, and politely asked that the typical forum trolls cease their crap for at least a little bit to not just blindly start attacking PWCC again so we could possibly have a reasonably intelligent discussion for once, about the business aspects of what CSG was possibly trying to do back then. Of course, the trolls came right out and made any such discussion impossible, even to the point of some accusing CSG being as guilty as they felt PWCC allegedly was, despite the fact that CSG hadn't even graded a card for PWCC yet. There were even those who swore to never do any business with CSG ever, because they dared to do business with PWCC. But wasn't it the other TPGS that had all those supposedly altered/doctored cards in their holders that had previously worked with PWCC, yet none of those people declared they would no longer do business with any of them. I thought that was so stupid and comical, get mad and blame the new TPG business that hadn't done anything wrong yet, but don't really say anything about the earlier TPGs that had all the bad cards in their holders from supposedly working with PWCC. The absolute idiocy of some people here on the forum making such comments, observations, and allegations, and their inability or refusal to ever think about reasonably discussing such matters from the business/industry side, is often very frustrating. The way the current hobby/industry operates, you have to look at it from different viewpoints/aspects, and with a somewhat open mind. Sadly, finding people in the hobby willing and able to be open minded and discuss and look at such things from all sides isn't always that easy to do.