Michael Rubin says his business ties to NBA players helped explain why he had to give up his ownership stake in the Philadelphia 76ers. Fanatics founder Michael Rubin is opening up about the league ownership rules that complicated his position as a Sixers owner. In a statement circulating on social media, Rubin said Fanatics had investments from several prominent NBA players, including LeBron James, Joel Embiid, James Harden, Chris Paul and Kevin Durant. “I think we were violating every rule the NBA had,” Rubin said, explaining that league rules governing…
Read MoreMichael Rubin Admits Fanatics’ NBA Player Investments Created an Ownership Conflict
