Tuesday, September 27, 2016

News:: eSports powerhouse Team Liquid picked up by new investor group

While 2016 has been a great year for eSports exposure several championships have gotten screen time on ESPN networks it's also been a great year for money. Not only is it estimated to grow to a $500 million industry this annum, but traditional sports conglomerates like the Philadelphia 76ers and German soccer club FC Schalke 04 are buying pro gaming teams outright. But the latest news isn't just another purchase deal. An odd assortment of entertainment and investors created aXiomatic, an ownership group dedicated to scooping up eSports teams, and are starting off by purchasing one of the more famous ones: Team Liquid.

Source: Deadline



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