In the second major ownership announcement in just as many days, Team Liquid has revealed that their controlling interest has been acquired by aXiomatic, an ownership group led by LA Dodgers co-owner Peter Guber and Monumental Sports & Entertainment majority owner Ted Leonsis that also includes NBA star Magic Johnson, Chicago Cubs’ Crane Kenney, NFL linebacker Dhani Jones, AOL co-founder Steve Case, among others others.

In the press release posted to Team Liquid’s website, the organization assured fans that Co-CEOs and Directors Steve “LiQuiD112” Arhancet and Victor “Nazgul” Goossens will not be going anywhere; they will retain their positions within the organization while Guber and Leonsis act as Co-Executive Chairmen within aXiomatic.

Leonsis explained that they chose Team Liquid over other esports brands based off of the hard work that Nazgul and LiQuiD112 have put into their organization, which has led Team Liquid to being one of the most successful and well-known names in esports to date.

“Steve and Victor impressed me with all that they have done with Team Liquid and I am truly excited to work with the best people across a broad spectrum of businesses to create a unique esports enterprise,” said Leonsis. “This company has the potential to create all new experiences for esports audiences worldwide.”

Nazgul made sure to promise to explain what exactly this acquisition spells for the future of Team Liquid, including how this provides a stability for Team Liquid that was previously out of their reach, but must do so in a blog post at a later date. He did say, however, that this will propel the organization in a direction that they could have only dreamed of in the past:

“I’ve now put almost half of my life into Team Liquid, and I’m ready to begin a new chapter in the ongoing story of our presence in esports. Today I want to leave you with a message of reassurance that everything will be the same but better.”

“This partnership will give our current and future players opportunities that I could only dream of when we started,” said LiQuiD112 in his statement, “Peter, Ted, and Bruce share the same ambitions that Victor and I have been working toward, and I am excited to learn as much as I can from them.”

LiQuiD112 went on to promise that they have exciting plans that they hope to see come to fruition soon, in light of the acquisition.

Meanwhile, aXiomatic CEO Bruce Stein, who has a history of being CEO/COO for Mattel Toys, Sony Interactive Entertainment and Kenner Products, among others, explained that aXiomatic’s vision is to build a, “Totally unique esports enterprise,” that uses a blend of both team and strategic ownership to achieve new heights. He says that this is something they feel is possible with Team Liquid and the ownership group.

This is not the first time fans have seen traditional sports figures embracing esports, though it may be the addition to the snowball to propel the trend, started by Rick Fox in December of 2015 with the formation of Echo Fox, forward.

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About The Author

Connor
Sr. Esports Writer

Connor is a self-proclaimed Star Wars historian, Fatal Frame enthusiast and crazy cat lady that's fascinated by the Kpop mashups on YouTube. Professional gaming is something that's fascinated him ever since he was a wee lad, especially when it came to fighting games, so now he rambles on about it in the form of articles that use way too many commas.