Panini America is launching Three and Two Baseball on November 13, and the release matters beyond the product itself: it is the first card set under Panini’s new multi-year Minor League Baseball licensing agreement. That deal gives Panini direct MiLB player access it has not previously had at this level.
The hobby box is priced at $399.95, positioning this firmly as a premium, low-count release rather than a volume product. Just five cards fill each box, a format built entirely around guaranteed hit content rather than base-card variety.
Here is what the box actually includes, why the MiLB license matters, and which signers Panini has teased ahead of the November 13 launch.
Panini America and MLB Players, Inc. announced a multi-year agreement bringing Minor League Baseball trading cards under Panini’s license, and Three and Two Baseball is the first product to use that new access. This gives Panini a direct path to prospects before they reach the majors, rather than relying entirely on MLBPA-level major-league content.
For collectors focused on prospecting, meaning buying a player’s cards before their rookie season rather than after, this license shift is arguably more significant long-term than any single box’s contents.
Each hobby box contains just five cards total, including one encased autograph and one encased relic card. That is an extremely low count compared to most baseball releases, built entirely around premium per-card value rather than any base-set chase.
The encased presentation on both guaranteed hits means the autograph and relic arrive already protected in hard plastic, a format increasingly common in premium sports card products built for direct display rather than requiring post-pull protection.
Panini has teased a notable signer list for the release, including Bobby Witt Jr., Eli Willits, Kevin McGonigle, Konnor Griffin, Madison Bumgarner, Paul Skenes, Roman Anthony, and Travis Bazzana. That mix spans established major-league stars alongside current top prospects, giving the release broad appeal across both established-player and prospect-focused collectors.
Having Paul Skenes and Roman Anthony on the same teased list as still-developing prospects like Eli Willits and Konnor Griffin reflects the product’s dual appeal: proven MLB talent for brand recognition, and MiLB-era prospects for the speculative long-term upside collectors chase.
At nearly $80 per card, Three and Two Baseball is priced well above typical hobby box math for a standard release, reflecting the guaranteed encased hit content rather than any base-card volume. This format mirrors how other ultra-premium, low-count products across the hobby price themselves around guaranteed value per card rather than per pack.
Collectors should treat this as a premium, hit-focused purchase rather than a product built for set-building or base-card collecting, since there is effectively no non-hit content in the box at all.
Three and Two Baseball arrives alongside Panini’s existing 2026 baseball lineup, including releases like Prizm and Donruss earlier in the year, giving the brand a full spread from accessible retail products through this new ultra-premium MiLB-licensed tier. That range lets Panini compete across essentially every price point in baseball card collecting simultaneously.
Collectors who already follow Panini’s baseball output should expect the MiLB license to expand into additional products over time, rather than remaining exclusive to this one release.
With the November 13 date approaching, confirming final box allocation and any additional signer reveals closer to release is worth doing before committing to a purchase, since premium low-count products like this one are prone to allocation limits at individual retailers.
Comparing retailer pricing before buying also matters more on a $399.95 box than it would on a cheaper release, since even small percentage markups translate into real dollar differences at this price tier. Checking a retailer's return and allocation policy ahead of launch day is also worth a few extra minutes given how quickly premium low-count products can sell out.
November 13, 2026.
$399.95.
Five cards: one encased autograph and one encased relic guaranteed, plus additional cards.
It is the first product under Panini's new Minor League Baseball licensing agreement.
A five-card box built entirely around encased hits deserves real protection once those hits are out of their cases for grading submission down the line. EVORETRO’s 260pt Topload Holder handles thicker encased cards once they come out of their original casing.
If you are planning to send a pull in for grading later, having PSA-ready sleeves on hand ahead of time saves a scramble after a big hit.
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