Category Archives: esports

NBA All-Star Michael Jordan leads a $26 million round for esports group aXiomatic

NBA legend Michael Jordan is playing the esports game now, leading a $26 million round of funding for the ownership group aXiomatic. For Jordan and new co-investor Declaration Capital — the family office investing the personal wealth of David Rubenstein, who co-founded and serves as co-executive chairman of the multi-billion-dollar private equity firm, The Carlyle Group — investing in esports looks like a slam dunk. The company announced the investment from Jordan, Declaration Capital and Curtis Polk, the managing partner and alternate governor of Hornets Sports & Entertainment, and manager of the […]

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What should competitive Fortnite look like?

Last weekend, Epic Games put forth its first true effort at official competitive Fortnite Battle Royale. It was a disaster. The private hosts used for the tournament were about as laggy as could be, with pro players getting eliminated simply because they couldn’t move. This tournament was for a total prize of $250K. That’s big money, and big frustration for pro players who were essentially eliminated by the whims of the server gods. But on top of the lag, the whole thing was, well, boring. A cardinal […]

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The International Olympic Committee is curious about esports

If there’s still any doubt that esports is coming into the mainstream, just look to the world’s biggest sporting event: The Olympics. The International Olympic Committee (IOC) and the Global Association of International Sports Federations (GAISF) have announced they will host an esports forum, looking to gauge whether or not esports has a place in the Olympics. According to the release, the IOC and GAISF will host esports players, game publishers, teams, media, sponsors and event organizers, as well as National Olympic Committees, International Sports Federations, athletes and […]

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