Fanatics CEO Michael Rubin has completed his divestment from the company that owns the Philadelphia 76ers and the New Jersey Devils, Harris Blitzer Sports & Entertainment.
Rapper Meek Mill and CEO of Fanatics and Philadelphia 76ers co-owner Michael Rubin during the first half of Game 5 of the Eastern Conference semifinals between the Miami Heat and the 76ers at FTX Arena May 10, 2022, in Miami, Fla.
This has been a plan for quite some time for Rubin because his Fanatics company, which sells licensed professional and college merchandise, is looking to get into the sports betting realm.Due to that expansion, there would be a conflict of interest with the NBA and NHL. NBA Legend Julius Erving, left, and Michael Rubin talk prior to Game 5 of the Eastern Conference semifinals between the Philadelphia 76ers and the Toronto Raptors May 7, 2019, at the Scotiabank Arena in Toronto.
Conflict questions were raised when James Harden, the All-Star guard for the 76ers, was traded from theRubin has a close relationship with Harden, and some NBA rivals questioned his influence in bringing the guard to
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