Guber and Leonsis on the risk and potential of esports investment

On Tuesday morning, a day after the Philadelphia 76ers announced that they were buying two esports teams, Golden State Warriors co-owner Peter Guber and Washington Wizards and Capitals owner Ted Leonsis announced they were forming aXiomatic and would be the new owners of esports franchise Team Liquid, which employs more than 50 players on teams in 10 esports disciplines.

Read more on ESPN>>>

About MCV Staff

Check Also

authors 1 [Guest post] What Gamescom 2026 Means for Games Investment

[Guest post] What Gamescom 2026 Means for Games Investment

Gamescom 2026 landed at an odd moment for the industry; money is starting to move again, and the industry's biggest bet in years is about to decide who benefits from it. Behind the demos, the market itself was quietly changing shape.