Michael Jordan Joins Investors in Team Liquid Parent Company
NBA legend and Charlotte Hornets owner Michael Jordan invested in Team Liquid parent company aXiomatic Thursday as part of its $26 million Series C funding round.
Jordan and his family office Jump DC join alongside Hornets vice chairman Curtis Polk and Declaration Capital, the family office of billionaire David Rubenstein. The funding also includes additional investments from existing four existing chairmen: Golden State Warriors co-owners Peter Guber and Bruce Karsh, Tampa Bay Lightning owner Jeff Vinik, and Washington Wizards owner Ted Leonsis.
In a statement, Leonsis expressed his excitement at working with Jordan and Rubenstein, whom he recruited into the funding round.
"The next generation of sports fans are esports fans. Esports is the fastest-growing sector in sports and entertainment, and aXiomatic is at the forefront of that growth. We are thrilled to welcome Michael and David to aXiomatic and look forward to working together on some truly cutting-edge opportunities."
Team Liquid currently fields teams in League of Legends, Dota 2, Counter-Strike: Global Offensive and other games.