In recent years, the intersection of business and sports has produced significant spectacles. A prime example is Fanatics Fest, which has rapidly evolved from a niche experiment into a mainstream cultural event. Following the festival's recent success in New York City, observers are starting to ask a compelling question: could Fanatics leverage this momentum to create a permanent, IRL (in real life) experience akin to Walt Disney World?
The Meteoric Rise of Fanatics Fest
Launched just three years ago, the events division at Fanatics—led by former ReedPop president Lance Fensterman—was designed to bring sports fandom to life through direct interaction. The results have been nothing short of staggering:
- 2024: The inaugural event drew 70,000 fans.
- 2025: Attendance surged to 125,000, a 65% year-over-year increase.
- 2026: An estimated 200,000 fans attended, marking 60% growth.
Initially, the venture was not expected to be a profit center, having recorded a $15 million loss in its first year. However, with production budgets reaching as high as $90 million, the 2026 event is projected to be the first to reach break-even status or profitability. Beyond the numbers, the experience offers a level of access unavailable anywhere else, featuring high-profile athletes, celebrities, and unique activations that exist nowhere else in the sporting world.
The Concept: A 'Fanatics World'
The success of these annual gatherings raises the possibility of a permanent, year-round 'sports metropolis.' By adopting a model similar to Disney’s Parks & Experiences—which accounted for roughly 34% of the company's $94.4 billion in 2025 revenue—Fanatics could theoretically create an ecosystem where leagues have permanent activations and fans engage with their favorite sports 24/7.
«Imagine a sports universe where fans can immerse themselves, similar to how one would interact with Disney IP within Disney World. Leagues have year-round activations that fans can touch, brands are embedded into the sports ecosystem 24/7, and teams play special games.»
While an investment of $1 billion to $3 billion into such a project is a massive undertaking, Fanatics' trajectory supports the ambition. With revenues expected to reach $14 billion this year—up from $8 billion in 2024—the company is rapidly scaling. If Michael Rubin’s vision of a $50 billion revenue business is to be realized, creating a permanent, immersive home for sports fans could be the next logical evolution.
Looking Ahead
While a permanent 'Fanatics World' may not be on the immediate horizon, the rapid maturation of Fanatics Fest proves that there is a massive, untapped appetite for high-end, experiential sports consumption. As the company continues to expand its footprint in media, collectibles, and live events, the bridge between an annual festival and a permanent destination may become easier to cross than most critics anticipate.
