Meet Michael Rubin
He turned $2,500 in Bar Mitzvah money into Fanatics, a $30 Billion sports powerhouse.
Born in 1972 to a Jewish family in Lafayette Hill, Pennsylvania, Rubin showed entrepreneurial drive early.
• At 12, he started a ski-tuning shop in his parents’ basement.
• At 14, using his $2,500 Bar Mitzvah money as seed capital (and a lease signed by his father), he opened Mike’s Ski and Sport in Conshohocken, Pennsylvania.
By 16, he was $120,000 in debt. He settled with creditors using a $37,000 loan from his father—on the condition he attend college.
He briefly attended Villanova University but dropped out after a smart deal: borrowing $17,000 to buy $200,000 worth of overstock equipment at a discount, then reselling it for $75,000.
He sold his ski shops and launched KPR Sports (named after his parents’ initials), a closeout company for overstock athletic gear.
• By age 21 (1993), KPR hit $1 million in sales.
• By 1995, it reached $50 million.
In 1998, Rubin founded Global Sports Incorporated, which became GSI Commerce—a major e-commerce and logistics player.
In 2011, at age 38, he sold GSI to eBay for $2.4 billion!
eBay kept the fulfillment business; Rubin bought back the consumer brands at a bargain, including Fanatics (licensed sports merchandise), Rue La La, and ShopRunner.
He became CEO of Fanatics and focused on scaling it aggressively:
• Secured major partnerships with Nike, NFL, MLB, and over 900 leagues/teams.
• During COVID-19 (2020), repurposed an MLB uniform plant to produce hospital gowns and PPE.
• Raised big funding rounds: $350M (2020, valuation $6.2B), more in 2021, then $1.5B +
$700M (2022, valuation hit $31 billion).
• Expanded into trading cards (acquired Topps for $500M in 2022) and betting/gaming (launched 2023).
From a teenage ski shop to a global leader in sports merchandise, trading cards, and more, Michael Rubin’s journey is a classic American Jewish entrepreneurial success story built on hustle, smart deals, and Values.
The @nhlflyers players had a very special visitor after morning skate today. At the invitation of Rick Tocchet, @jasonmyrt addresses the team.
He discussed his 30-minute philosophy. Set a timer. Take thirty mins to make a decision: give in or fight on.
It never takes the full time. The decision is always FIGHT ON.
@FlyersAlumni@nufced@ctherien6@fridge29@JimJPhilly@Hartsy43@hockeyhstove
The @nhlflyers players had a very special visitor after morning skate today. At the invitation of Rick Tocchet, @jasonmyrt addresses the team.
He discussed his 30-minute philosophy. Set a timer. Take thirty mins to make a decision: give in or fight on.
It never takes the full time. The decision is always FIGHT ON.
@FlyersAlumni@nufced@ctherien6@fridge29@JimJPhilly@Hartsy43@hockeyhstove
David Pagnotta: Re Rangers goaltending: They've kicked the tires; it's very exploratory; John Gibson; Jordan Binnington, who I think might be a prime target for a lot of teams; Darcy Kuemper; Sam Montembeault; it's been reported Anthony Stolarz - DFO Insider (10/14)
@PhillySquidward Who says I have energy for this at all? I fall asleep for half of the games. I’m just as upset as the next fan.
I just don’t go around acting as miserable as you do squidward.
@Raiderfrank65 Broad Street Bullies and Flyers style of Hockey died after 2012. They tried to maintain that mantra as the rest of the league got bigger, faster and more talented.
Charlie - did they figure out how to close Couturier? If they did, let’s hope it’s pre back surgery Coots. Cause that line with Michkov and Martone would do wonders if it was prime Coots.