Michael Jordan joins Team Liquid as an investor

October 26, 2018 Off By Alecsanndra Gonzales

Michael Jordan joins the ownership group of Team Liquid as an investor. Furthermore, the philanthropist David Jubenstein joins the basketball star to invest in the same group as part of a $26 million Series C funding round.

Welcome Michael Jordan, David Rubenstein & Declaration Capital to the @aXiomaticGaming team!https://t.co/ZtghDFkg2i

— Team Liquid (@TeamLiquid) October 25, 2018

aXiomatic’s CEO said in an interview that “From the beginning of our Esports and video gaming journey aXiomatic has sought to bring together world-class talent in its investor group. We are extremely excited to welcome these esteemed investors into the aXiomatic and Team Liquid family and look forward to their valuable and unique perspectives.”

I’m excited to expand my sports equity portfolio through my investment in aXiomatic. Esports is a fast-growing, international industry and I’m glad to partner with this great group of investors.

The basketball legend

A lot of people know Michael Jordan as a legendary basketball player of all time and one of the most idolized athletes by many people as of today. He has owned more than six NBA championships in the 13 seasons that he had with the Chicago Bulls.

He is also the owner of the NBA basketball team, Charlotte Hornets.

Jordan said in the interview that he was very excited in the expansion of his sports equity portfolio through his investment in aXiomatic. He also recognized that the electronic sports is one of the fastest growing sports in the world and he is very glab to team up with a group of wonderful investors.

Bandwagon?

It is the first investment of the basketball star in Esports industry, following the investment of Drake and Scooter Braun into a NA LCS team, 100 Thieves. The weird thing is, the investment took place 2 days after the rapper and Braun had deal with 100T.

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