INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Nick Khan and Michael D. Ratner attend the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Frazer Harrison/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Rich Kleiman and Michael D. Ratner attend the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Frazer Harrison/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: Michael D. Ratner announces the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Monica Schipper/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Lauren Ratner and Michael D. Ratner attend the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Frazer Harrison/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: Michael D. Ratner attends the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Frazer Harrison/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Scott Ratner and Michael D. Ratner attend the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Frazer Harrison/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Michael Rubin, Michael D. Ratner, and Tom Brady attend the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Monica Schipper/Getty Images for Fanatics)

INGLEWOOD, CALIFORNIA - JANUARY 13: (L-R) Michael D. Ratner and Michael Rubin announce the launch of Fanatics Studios, a new, transformative global sports and entertainment studio, during an event at Intuit Dome on January 13, 2026 in Inglewood, California. (Photo by Monica Schipper/Getty Images for Fanatics)