Michael Jordan invests in esports, joining Team Liquid ownership group - Dexerto
Esports

Michael Jordan invests in esports, joining Team Liquid ownership group

Published: 25/Oct/2018 15:57 Updated: 25/Oct/2018 17:52

by Calum Patterson

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Legendary NBA player Michael Jordan has officially entered the world of esports, becoming of the main investors in aXiomatic, parent company of Team Liquid, as part of their Series C funding round.

Announced on Thursday, October 25, Jordan is one of two primary investors, the other being David Rubenstein’s Declaration Capital.

It is the second big name celebrity to make a serious commitment to esports in the space of a week, after 100 Thieves announced that Drake and Scooter Braun had joined as co-owners. Current NBA star Stephen Curry is also an investor in Team SoloMid in July 2018.

Jordan is also the owner of NBA franchise Charlotte Hornets, making him yet another investor in esports coming from traditional sports background, largely down to aXiomatic.

Golden State Warriors owner Peter Gruber, and Washington Wizards owner Ted Leonsis are both involved directly in esports through aXiomatic, while Cleveland Cavaliers’ owner Dan Gilbert invested in 100 Thieves in 2017.

aXiomatic is co-chaired by Jeff Vinik, owner of the Tampa Bay Lightning, and now holds a controlling stake in Team Liquid. Jordan joins as a co-owner of aXiomatic, alongside fellow NBA legend Magic Johnson.

Team Liquid even sent a shot at their NA LCS rivals 100 Thieves in announcing their big name investor.

Under aXiomatics control since 2016, Team Liquid has risen up the ranks of esports organizations, capturing Dota2’s ‘The International’ title in 2017 – taking home $11 million – plus their NA LCS championship in Spring 2018.

Liquid were ranked as the third most valuable esports organization by Forbes recently, and will look to expand with this new funding, improving training facilities and bringing in new talented players.

Team Liquid currently field teams in Starcraft II, Dota2, Hearthstone, Heroes of the Storm, League of Legends, Counter-Strike: Global Offensive, Smash, Street Fighter, Quake, Rainbow 6 Siege, Fortnite, PUBG and Clash of Clans.

Fortnite

Epic confirms Fortnite World Cup 2021 has been canceled

Published: 5/Dec/2020 5:55

by Alex Tsiaoussidis

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Epic Games has confirmed that they have “no plans” for any live events next year, including Fortnite World Cup 2021, all but canceling the event. It’s something many fans expected but still feared, even though most understand it’s necessary.

Fortnite’s competitive scene is one of many that have been rocked in 2020. It was something nobody anticipated or expected, at least, in terms of how severe an impact it would have on the world.

Unfortunately, we’re not out of the woods yet, and that means there’s still a spanner in the works. Epic Games has decided it’s still too risky to host live events anytime soon.

They’ve opted to cancel all live events in 2021, including the Fortnite World Cup. They laid it all out in their latest blog post.

Epic Games Fortnite World Cup Canceled 2021
Matthew McDermott
The Fortnite World Cup is the premier event in the Fortnite competitive scene.

“Our intent is to eventually hold global in-person tournaments again, but our priority for any such event is the health and safety of our players and staff,” they said. It’s a sentiment that other organizations have shared.

“With so much still unknown about what is practical and safe, we do not plan to hold in-person events in 2021, including a Fortnite World Cup,” they added. However, that doesn’t mean there won’t be any competitions at all.

“We will continue to provide online competitions throughout 2021 with the hopes that physical events, in some form, can return at some point in the future,” they said. 

It’s crazy to think that we might still be a year away from seeing LAN esports events again. However, it’s a sensible decision given the circumstances.

Epic Games Fortnite World Cup Canceled 2021
Nick Statt
Fortnite fans will need to wait at least another year before seeing a LAN tournament.

It’s bittersweet news for fans and players around the world. They’d love to see competitive LAN events in the Fortnite scene once again.

But at the same time, it’s good to know that Epic Games has everyone’s best interests at heart. They aren’t willing to risk anything, which is nice.