Brazilian football legend Ronaldo Nazário de Lima has invested in eSports organization CNB, the team announced on its Facebook page over the weekend. Ronaldo, as he is better known, acquired 50 percent of the Brazilian team in collaboration with Brazilian poker player Andre Akkari. He is believed to be the bigger name football player — retired […]
Team Liquid is one of the highest-earning eSports organizations in the world. With the recent controlling interest sale to new ownership group aXiomatic last September — led by sports team owners Peter Guber, Ted Leonsis and Magic Johnson — the team has generated a heightened level of buzz over the past four months. In January […]
The Big Ten Network and Riot Games announced Thursday the launch of the BTN League of Legends season, a pilot program in which 12 clubs from Big Ten schools compete. It marks the first time Riot Games has partnered with a national collegiate network for an official season-long competition, as the eSports trend on the college level […]
Last September, the Philadelphia 76ers became the first U.S. professional sports franchise to fully integrate itself into eSports following its majority stake purchase of Team Dignitas and Team Apex, eventually merging both under the Dignitas name. At the time, Dignitas had one of the top Counter-Strike: Global Offensive teams, which had just qualified for the […]
Seattle-based eSports betting company Unikrn had been interested in sponsoring a team for quite some time and even discussed the possibility of ownership, according to Chief Executive Officer Rahul Sood. On Thursday, Unirkn entered the eSports financial arena for the first time, investing in newly-formrd German Counter-Strike: Global Offensive team BIG. “We met this dream halfway […]