Berlin-based esports organization G2 Esports today announced a $17.3 million fundraising round. According to a press release, the money will be used to accelerate G2 Esports’ global expansion, fund franchise...
The NA LCS — the Los Angeles-based professional league for League of Legends esports in North America — is moving to a permanent partnership structure and has unveiled the participating teams, including newcomers that are backed by the Golden State Warriors and Cleveland Cavaliers. As a league that’s becoming modeled after professional sports leagues, it’s […]
Sir Richard Branson’s Virgin Group has made a strategic investment in Sportsrocket, a digital media production and distribution company. Financial details were not disclosed with last week’s announcement. Sportsrocket is hoping Virgin’s investment will expedite its global rollout. The New York-based media startup has already partnered with a number of sports properties such as ELEAGUE, Major League […]
ANN ARBOR, Mich. — On Friday at the fifth annual Michigan Sport Business Conference, two U.S. professional sports team owners confirmed their commitment to pursuing eSports teams. During the afternoon keynote, Cleveland Cavaliers owner Dan Gilbert said, “We’re in the hunt right now. It’s insanity.” In January, Gilbert partnered with Bruin Sports Capital and WPP on […]
As Stephen Curry and LeBron James are the two lighting up the court and receiving much of the attention in the NBA Finals, it is their team owners – Peter Guber of the Golden State Warriors and Dan Gilbert of the Cleveland Cavaliers – who are quietly winning off the hardwood. Oracle Arena, the current […]
