Hall of Fame Resort & Entertainment Company Launches Two Additional NFT “Playbooks” Featuring NFL Stars Shane Vereen and Justin Forsett

Rhea-AI Summary

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) has announced the release of two new NFT sets featuring NFL players Shane Vereen and Justin Forsett as part of the 'Playbooks' Collection. The NFTs are available on OpenSea, reinforcing the company’s commitment to innovative digital offerings. This expansion of its NFT portfolio aims to engage fans with unique collectibles that commemorate the players' careers. Future NFT drops will be announced via the company’s social media channels.

Positive

• Launch of new NFTs featuring Shane Vereen and Justin Forsett expands the NFT portfolio.
• NFTs aim to engage fans by commemorating player careers, enhancing customer experience.
• Strong partnership with Pro Football Hall of Fame and I Got It for future NFT developments.

Negative

• None.

NFTs are now available for purchase on OpenSea

CANTON, Ohio--(BUSINESS WIRE)-- Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football, today announced the creation of two additional sets of NFTs in HOFV Media’s (“HOFVM”) limited edition “Playbooks” Collection, featuring Shane Vereen and Justin Forsett. The collection is available to football fans worldwide on OpenSea.

“As a company focused on creating one-of-a-kind experiences and environments for our guests to enjoy across our three business verticals, we are pleased to continue to expand upon our NFT portfolio by announcing both Shane and Justin,” said Michael Crawford, President and CEO of HOFV. “The launch of our new NFTs offers fans unique commemorations of the players’ careers while solidifying our commitment to being on the cutting edge of the digital media space. We look forward to announcing more exciting NFT options that celebrate the careers of high-profile professional athletes for our customers and guests in the near future.”

The latest NFL Stars to be featured in the “Playbooks” Collection, Shane Vereen and Justin Forsett, have had distinguished careers, summarized as follows:

• Running back Shane Vereen was selected by the New England Patriots in the 2011 NFL Draft, subsequently playing for the New York Giants and New Orleans Saints following his contributions over several seasons. He racked up eight rushing touchdowns, 11 receiving touchdowns, nearly 1,500 rushing yards and approximately 1,900 receiving yards over the course of his professional career.
• Running back Justin Forsett played for several teams over the course of his NFL career, including the Seattle Seahawks, Houston Texans and Baltimore Ravens. He claimed 20 total touchdowns, nearly 4,000 rushing yards and almost 1,400 receiving yards throughout his professional playing career.

HOFVM’s NFT offerings continue to grow in partnership with the Pro Football Hall of Fame and I Got It, with whom it will continue to develop, market and sell digital assets and NFTs centered around some of the most iconic moments and coveted memorabilia from NFL history. Details surrounding subsequent NFT drops will be posted on HOFV’s social media accounts on Twitter, Facebook and Instagram.

About Hall of Fame Resort & Entertainment Company

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.

About the Hall of Fame Village powered by Johnson Controls

Hall of Fame Village powered by Johnson Controls is a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus in Canton, Ohio. Owned by the Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW), the Village currently has over $250 million worth of assets under management and is one of the largest ongoing construction projects in Ohio. Phase I of the project entailed the construction of the Tom Benson Hall of Fame Stadium, a world-class 20,000 seat, sports and entertainment stadium, and the National Youth Football and Sports Complex. Phase II, currently under construction, will add the Constellation Center for Excellence, the Center for Performance, a Fan Engagement Zone, a Hall of Fame indoor waterpark and a Hilton Tapestry Hotel. Phase III is currently in planning stages. For more information, visit www.HOFVillage.com.

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words and phrases such as “opportunity,” “future,” “will,” “goal,” and “look forward” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the Company’s ability to manage growth; the Company’s ability to execute its business plan and meet its projections, including refinancing its existing term loan and obtaining financing to construct planned facilities; potential litigation involving the Company; changes in applicable laws or regulations; general economic and market conditions impacting demand for the Company’s products and services, and in particular economic and market conditions in the resort and entertainment industry; the potential adverse effects of the ongoing global coronavirus (COVID-19) pandemic on capital markets, general economic conditions, unemployment and the Company’s liquidity, operations and personnel, the inability to maintain the listing of the Company’s shares on Nasdaq, as well as those risks and uncertainties discussed from time to time in our reports and other public filings with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220520005251/en/

Media/Investor Contacts:

For Hall of Fame Resort & Entertainment Company

Media Inquiries: public.relations@hofreco.com

Investor Inquiries: investor.relations@hofreco.com

Source: Hall of Fame Resort & Entertainment Company

FAQ

What is Hall of Fame Resort & Entertainment Company's latest NFT announcement?

The company announced the creation of two new NFT sets featuring Shane Vereen and Justin Forsett in the 'Playbooks' Collection, available on OpenSea.

How can I purchase the new NFTs from Hall of Fame Resort & Entertainment Company?

The NFTs can be purchased on OpenSea at their dedicated collection page.

What NFL players are featured in the new NFT collection by HOFV?

The new NFT collection features former NFL players Shane Vereen and Justin Forsett.

When will more NFTs be released by Hall of Fame Resort & Entertainment Company?

Future NFT releases will be announced via HOFV's social media channels.