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Fox Business Flash top headlines for July 28 Check out what’s clicking on FoxBusiness.com. Patrick Mahomes is breaking a record and he didn’t have to do much. A 2017 National Treasures NFL shield Patrick Mahomes rookie autograph 1-of-1 trading card sold for $4.3 million on Wednesday through the PWCC Marketplace. The card was graded an 8.5 by Beckett Grading Services, making it one of the most valuable 8.5-graded cards ever. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM The buyer chose to remain private. The card is described as one of the most important in the modern trading card era. “Patrick Mahomes has already won an MVP and a Super Bowl by the age of 25. He’s on a great team, has a great brand, and is poised to take over the reins from Tom Brady as the next superstar quarterback in the NFL,” PWCC Marketplace Director of Business Development Jesse Craig told FOX Business. The Mahomes card was graded by Beckett Grading Services. (PWCC Martketplace) “The National Treasures product is the most desirable modern card brand, and this particular card, with a perfect autograph and a jersey patch featuring the iconic NFL shield, is the only one ever produced, making it quite literally one of a kind.” TARGET TO STOP SELLING POKÉMON, SPORTS TRADING CARDS IN STORE OVER SAFETY CONCERNS The latest Mahomes sale broke a record previously set by a Tom Brady card. The rookie 2000 Playoff Contenders Championship Brady card sold for $3.1 million in June through Lelands. “Mahomes is young and has already had incredible success in the league. Collectors and investors are betting on him continuing his upward trajectory and winning multiple Super Bowls and MVPs,” Craig said. The emergence of the coronavirus pandemic last year spurred an increase in interest in the trading card hobby, which later branched to non-fungible tokens (NFT). Craig said even with the pandemic’s trajectory changing with the emergence of vaccines the industry is still strong. GET FOX BUSINESS ON THE GO BY CLICKING HERE “Though slightly down from its peak earlier this year, the card industry is in a very strong position. We’re seeing more and more new and repeat buyers every month. However, this card is extremely unique. It’s the best Mahomes card on the planet. Rare cards have always performed well as investment pieces, and this card is no exception,” he said.
Simone Biles withdraws from 2020 Olympics gymnastics team final Clinical psychologist Dr. Katherine Kuhlman joins ‘Fox Business Tonight’ to discuss the legendary gymnast’s voluntary dismissal: ‘There’s a lot of pressure on these athletes to perform well.’ Simone Biles received support from her sponsor Athleta following her withdrawal from the gymnastics team final at the 2021 Tokyo Olympics on Tuesday, she also withdrew from a separate event overnight Wednesday. “We stand by Simone and support her well-being both in and out of competition,” Athleta Chief Brand Officer Kyle Andrew said in a statement. “Being the best also means knowing how to take care of yourself. We are inspired by her leadership today and are behind her every step of the way.” CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM Back in April, Biles ended her partnership with Nike and decided to sign with the Gap Inc.-owned Athleta. Biles, who is still eligible to compete in the individual all-around later in the week, told reporters after the team event that she wasn’t injured, but she was “dealing with a few things.” “No injury thankfully, and that’s why I took a step back because I didn’t want to do something silly out there and
get injured,” Biles said, via Olympics.com. “I thought it was best that these girls took over and did the rest of the job, which they absolutely did — they’re Olympic silver medalists. They should be really proud of themselves for how well they did.” Biles also talked about the stress that had been put on her and her teammates’ shoulders. “It’s been a really stressful Olympic Games as a whole; not having an audience — there are a lot of different variables going into it [the Games],” Biles added. “It’s been a long week; it’s been a long Olympic process/year. I think we’re a little bit too stressed out. We should be out here having fun, and sometimes that’s not the case. “Today has been really stressful, we had a workout this morning; it went OK but during that five-and-a-half hour wait I was shaking — I could barely nap. I had never felt like that going into a competition before. I tried to go out here and have fun; the warmup in the back went a little bit better but once I came out here I was like, ‘No, mentals [sic] not here so I just need to let the girls do it and focus on myself.’” USA Gymnastics said Biles suffered a “medical issue” after her vault attempt, which led to the scratch. The broadcast initially said it was for a “mental health issue.” CLICK HERE TO GET THE FOX NEWS APP Biles received a ton of support from followers on social media. Athleta sent out a tweet on Tuesday of a photo of Biles sporting a brand tank top. The caption read, “Simone” with a heart emoji. Fox News’ Ryan Gaydos contributed to this report.
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