The Wall Street Journal: MLB drops Topps in favor of Fanatics in huge trading-card shakeup

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Major League Baseball and the Major League Baseball Players Association have struck new exclusive baseball card agreements with a new company controlled by online sports-merchandise retailer Fanatics Inc., breaking the decades-long grip that incumbent icon Topps Co. has held on the trading-card market, people familiar with the matter said.

The deals signal the beginning of a sweeping reorganization of the trading-card universe. In a memo sent to baseball players Thursday, MLBPA executive director Tony Clark said “other significant sports properties also separately have agreed to exclusive licenses with (the new Fanatics company) in the trading cards category” but didn’t name specific leagues or players’ unions.