Michael Jordan, the iconic player f NBA has recently invested in an eSports company Axiomatic, the parent company of League of Legends’ Team Liquid.
With the Investment, it will enlist Michael Jordan to a list of select high-end sports owners that is involved with Axiomatic, which includes Pete Guber owning Golden State Warriors and Ted Leonis retaining Washington Wizards.
Before becoming a businessman and Investor, Jordam in in his 13 seasons with the Chicago Bulls, has led the team to win six NBA Championship titles.
“I’m excited to expand my sports equity portfolio through my investment in aXiomatic,” Jordan said in a statement. “Esports is a fast-growing, international industry and I’m glad to partner with this great group of investors.”
Axiomatic also announced another investment this week from Declaration Capital, the family office of David M. Rubenstein, who is the co-founder and executive chairman of private equity company The Carlyle Group. Curtis Polk, the managing partner of Hornets Sports & Entertainment, and manager of Jordan’s financial and business affairs has also invested.
Axiomatic which has interests in esports teams and related companies, said it plans to use its new lineup to strengthen existing partnerships and expand into new opportunities.
“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,” said Axiomatic CEO and co-founder, Bruce Stein.