Nadeshot's 100 Thieves receive new valuation following latest round of funding - Dexerto
Esports

Nadeshot's 100 Thieves receive new valuation following latest round of funding

Published: 12/Jul/2019 15:58

by Eli Becht

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Matthew ‘Nadeshot‘ Haag’s esports organization 100 Thieves is now valued $125 million, making a nearly 40% leap in value in less than a year.

100 Thieves has numerous high-profile investors including rap superstar Drake, music manager Scooter Braun, and Cleveland Cavaliers owner Dan Gilbert, just to name a few.

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Going back to October 2018, the team was valued at $90 million coming off the initial round of funding, according to an article by the New York Post.

100 Thieves / Cash AppNadeshot launched the Nadeshot and CouRage Show when CouRage joined the org.

The new valuation of $125 million shows a meteoric rise for 100 Thieves, something a NY Post source says shouldn’t be surprising.

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“It’s not a surprise,” the source told the Post. “Investor groups are looking to get involved. They are selecting teams in which they have confidence.”

100 Thieves doesn’t plan on stopping here as the team is also eyeing a spot in the Call of Duty World League as a franchise team in Los Angeles.

If they are able to pull this off, they will become the second LA-based CoD team, joining OpTic Gaming in the city.

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100 Thieves / Cash AppThe organization also sells apparel.

100 Thieves is headquartered in Los Angeles so it makes sense for them to pursue opportunities close to home. With roster spots in the new league rumored to be up for grabs for as much $25 million, it’s a good thing 100T raised the money they did.

Popularity for the organization has skyrocketed thanks to numerous high-profile signings such as Jack ‘CouRageJD‘ Dunlop, content creation team The Mob, and Fortnite World Cup qualified pro Arkhram

Despite this, Nadeshot thinks his org is still a long way from being the most popular organization, as he believes FaZe Clan is still the biggest team out there.

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With their valuation increasing at such a rapid rate, it might only be a matter of time before 100T leapfrogs FaZe.

CS:GO

HenryG explains Cloud9’s CSGO player salaries after $400k floppy deal

Published: 7/Oct/2020 19:11

by Calum Patterson

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Cloud9 have now confirmed that Ricky ‘floppy’ Kemery is the fourth player of their self-proclaimed CS:GO “colossus” roster, in a deal worth over $400,000, bringing their total to around $4 million in player contracts, with another two players still to go.

Floppy joined Cloud9 from ATK in January, and is now transitioning to the new ‘colossus’ roster alongside ALEX, mezii, and woxic.

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The colossus began with the signing of ALEX from Vitality, whose deal is worth $1.65 million. He was joined by fellow brit Mezii on a $426,000 deal. Then, woxic was added from mousesports, in another deal surpassing the $1m mark, at $1,365,000.

This latest deal for floppy takes the total value of this 4-man squad to $3.87 million, and with two players to go (GM Henry  ‘HenryG’ Greer has plans for a six-player roster), is set to surpass the $4 million mark.

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Since HenryG’s move from casting into a management role at C9, he has aimed to shake-up the traditionally opaque nature of esports transfer dealings.

In each of the four signings, Greer has confirmed the length of the player’s contract, and it’s total value over that period. All four players announced so far have been signed to three-year deals.

After the floppy announcement, Greer clarified on Twitter that despite the lower total value of deals for floppy and Mezii (compared to ALEX and woxic), each player’s deal is negotiated on an individual basis.

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“Ricky has received a pay increase from his previous contract and that will be reviewed each year of his stay,” he concludes.

Presumably, salaries could increase based on performance metrics or other value added to the brand by the player, or as thanks for loyalty to the team.

After he was confirmed as the GM of Cloud9, Greer told Dexerto: “My plans for this team are certainly ambitious. I wouldn’t be involved in any sort of General Manager role unless I had absolute full control of the roster and direction we plan to head.

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HenryG casting CS:GO at DreamHack event
DreamHack
HenryG is now at the helm of Cloud9’s CS:GO venture.

“C9 have entrusted me with their entire CS:GO dynasty and, honestly, I think that’s one of the boldest moves any org has made in a long time.”

HenryG and Cloud9’s new approach to player deals could very well set off a new trend in CS:GO and esports generally, though for now, they remain on solitary ground.

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