Team Liquid Partners with Golden State Warriors, Washington Wizards
In a statement issued by TeamLiquidPro.com, the diverse esports organization, Team Liquid, announced their partnership with an investment group led by Ted Leonsis and Peter Guber.
Wizards, Warriors, and Magic: A Strategic Partnership for Team Liquid— TeamLiquidPro (@TeamLiquidPro) September 27, 2016
More about our next adventure: https://t.co/8Y3SRICocd
Leonsis, majority owner of the NBA's Washington Wizards, joins Team Liquid as co-Executive Chairman. Guber, co-owner of the NBA's Golden State Warriors, also joins Team Liquid under the title of co-Executive Chairman.
It has also been stated that Steve Arhancet and Victor Goossens will remain in their positions as co-CEOs and directors under Team Liquid. In the partnership announcement, Arhancet stated, “This partnership will give our current and future players opportunities that I could only dream of when we started.”
The Warriors and the Wizards are the second and third teams from the National Basketball Association to make investments in esports. In a more recent announcement, the Philadelphia 76ers formally acquired Team Dignitas and Apex Gaming, other reputable esports organizations.
What does this mean for esports? Could this mean more and more sports organizations investing in esports organizations? Do they perceive a greater potential in the esports industry than what has initially been observed by the public? Only time will tell.
What are your thoughts on the acquisition? Let us know in the comments below or by tweeting us on Twitter @GAMURScom.