Nine esports organizations valued over $100 million in controversial Forbes list - Dexerto
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Nine esports organizations valued over $100 million in controversial Forbes list

Published: 23/Oct/2018 13:52 Updated: 6/Nov/2018 14:29

by Ross Deason

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Forbes have shared an infographic that lists the most valuable esports organization, but a number of owners and community members have already cast doubt on its legitimacy.

The list, produced by Justin Conklin, values a total of nine esports companies at $100 million or above, with Cloud9 at the very top with a staggering estimate of $310 million.

Team SoloMid and Team Liquid round out the top three, with TSM valued at $250 million and Liquid at $200 million. Shockingly, Echo Fox is claims the next spot on the list ahead of the likes of OpTic Gaming and Fnatic.

Seventh place is claimed Gen.G Esports, eighth by G2 Esports and ninth by Immortals. The top 10 is rounded out by Team Envy, who are valued at $95 million, with 100 Thieves and Counter Logic Gaming finishing of the list.

Perhaps the most surprising thing about the list is the fact that FaZe Clan isn’t featured anywhere on it, something that OpTic Gaming’s Hector ‘H3CZ’ Rodriguez pointed out along with the fact that he wasn’t listed as an OpTic owner.

The founder and CEO of compLexity, Jason Lake, has also hit out at the infographic, saying: “This list is wrong on much more than 2 things.”

Some Twitter users have pointed out that the list does not include Chinese organizations, saying that this makes the title of ‘The World’s Most Valuable Esports Companies’ somewhat misleading, and others have questioned the primary games listed for a number of the teams.

Let us know what you think about the list. Do any of the valuations surprise you?

Full disclosure: OpTic CEO Hector ‘H3CZ’ Rodriguez is a minority shareholder in Dexerto Ltd

Business

Marvel reassembles with Team Liquid for esports apparel until 2022

Published: 23/Oct/2020 21:33

by Adam Fitch

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Entertainment giant Marvel and Team Liquid have renewed their partnership and released a new collection to celebrate.

Over a year on from the initial announcement of Team Liquid helping Marvel enter the esports industry, the collaboration has now been extended for another year.

Now lasting through to 2022, the partnership’s renewal has been commemorated with the release of retro-themed hoodies, sweatpants, shorts, and t-shirts.

The collection features 8-bit interpretations of Captain America, Hulk, Iron Man, and Thor alongside Team Liquid branding. They collaborated with artist Pixel Jeff on the limited apparel range.

Marvel Team Liquid Retro Collection
Team Liquid
Marvel and Team Liquid have released a collection with retro designs.

Since entering the industry with Team Liquid in June 2019, Marvel have released a number of collaborative clothing lines with the org including both esports-focused designs and more casual, streetwear items.

It’s said that original content will be a component of the extended partnership, though no specific plans have been unveiled at the time of writing.

More co-branded merchandise and apparel will come from Team Liquid and Marvel. So far, they’ve used designs of The Avengers, Iron Man, Spider-Man, Captain America, Black Widow, X-Men, The Hulk, and Thor.

“We’re excited to continue our team-up with Marvel,” said Team Liquid owner Steve Arhancet. “Both of our brands are built around compelling narratives: heroes, rivalries, triumph and even, overcoming hardships. And, there’s so many more stories for us to tell together through custom apparel, original content and other fan offerings.”

Marvel, who are owned by The Walt Disney Company, also partnered with Australian organization The Chiefs in a two-year deal, which was announced in February this year.

The extension with Team Liquid shows that the company are serious about esports after successfully completing their first year in the industry, and that can only be a good sign for the future.