NFL, MLB And Players Unions Lead The Latest Round Of Investment In Rapidly Growing Fanatics

The NFL, other major sports leagues, players unions, and team owners are leading the latest round of investment in Fanatics, the rapidly growing sports online-platform company. The latest investment totals $1.5 billion, with the NFL kicking in the largest portion at $320 million. Fanatics is valued at $27 billion.

The NFL Players Association also made an investment. Other investors include Major League Baseball and its players union, as well as the National Hockey League. Read more at CNBC.