SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                          Date of Report: July 19, 2005
                        (Date of earliest event reported)

                             The Topps Company, Inc.
             (Exact name of registrant as specified in its charter)

                                    Delaware
                 (State or other jurisdiction of incorporation)


                                    000-15817
                            (Commission File Number)

                                   11-2849283
                      (I.R.S. Employer Identification No.)

                    One Whitehall Street, New York, NY 10004
                                 (212) 376-0300
          (Address of principal executive offices and telephone number)


                                 Not Applicable
         (Former name or former address, if changed since last report.)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

|_|  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))





ITEM 1.01 AMENDMENT OF A MATERIAL DEFINITIVE AGREEMENT


     On July 19, 2005, The Topps Company,  Inc. (the  "Company")  entered into a
letter  amendment  (the  "Amendment")  with the Major  League  Baseball  Players
Association  (the  "MLBPA"),  which amends  certain  terms of the  Memorandum of
Agreement,  dated  January  6,  2003,  between  the  Company  and the MLBPA (the
"Agreement").

     Under the terms of the amended Agreement, the Company agrees to pay certain
royalties  and  marketing  fees to the MLBPA and the  Company is  authorized  to
manufacture and distribute  trading cards of Major League baseball players.  The
term of the amended Agreement is now four years.

     The Amendment will be filed as an exhibit to the Company's quarterly report
on Form 10-Q for the quarter  ending on August 27, 2005,  with portions  omitted
and filed separately with the Securities and Exchange  Commission  pursuant to a
request for confidential treatment.





                                    SIGNATURE



     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrants  have duly caused  this  report to be signed on their  behalf by the
undersigned hereunto duly authorized.



Dated:  July 25, 2005

                                THE TOPPS COMPANY, INC.



                                By:    s/  Catherine K. Jessup
                                       ---------------------------
                                Name:      Catherine K. Jessup
                                Title: Vice President CFO & Treasurer