Basketball legend Michael Jordan invests in eSports franchise

Michael Jordan is branching out into eSports. (AP)
Updated 26 October 2018
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Basketball legend Michael Jordan invests in eSports franchise

  • The next generation of sports fans are eSports fans: Washington Wizards owner

LOS ANGELES: NBA icon Michael Jordan is branching out into eSports, investing in the parent company of Team Liquid, aXiomatic.
Jordan, a six-time NBA champion with the Chicago Bulls and now owner of the league’s Charlotte Hornets, is making his first foray into the burgeoning world of eSports.
He was one of two new investors announced on Thursday by aXiomatic, along with Declaration Capital, the family office of Washington DC-based billionaire David Rubenstein.
According to Forbes the investments were part of a $26 million funding round.
“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,” said Jordan, who joined his fellow Dream Team teammate Magic Johnson as an aXiomatic investor, as is Ted Leonsis, owner of the NBA’s Washington Wizards as well as the NHL’s Stanley Cup champion Washington Capitals.
“The next generation of sports fans are eSports fans,” Leonsis told ESPN in a statement. “ESports is the fastest-growing sector in sports and entertainment, and aXiomatic is at the forefront of that growth.”
In 2016 aXiomatic acquired a majority stake in Team Liquid, one of the oldest and most popular teams in eSports with more than 60 competitive gamers based out of Los Angeles and the Netherlands.
Team Liquid teams compete in a number of eSports titles, including League of Legends, Dota 2 and Counter-Strike.
The NBA is involved with eSports with its NBA 2K League, which involves 21 NBA team affiliates.


Man City completes sweep of English trophies with FA Cup win

Updated 18 May 2019
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Man City completes sweep of English trophies with FA Cup win

  • Now City is the undisputed power of English football — a status it claimed from neighbor Manchester United

LONDON: Raheem Sterling scored a hat trick as Manchester City completed the first sweep of English men’s football trophies by routing Watford 6-0 in the FA Cup final on Saturday.
The fourth piece of silverware was sealed with four different scorers at Wembley Stadium, with David Silva, Kevin De Bruyne and Gabriel Jesus also netting in the humiliation of Watford.
Victory for Pep Guardiola’s side came a week after the Premier League trophy was retained to join the League Cup and Community Shield already in City’s possession.
“What a season,” City captain Vincent Kompany said. “What a tremendous club.”
But the unprecedented achievement by football’s costliest squad comes against the backdrop of investigations into City’s compliance into football’s spending rules that could lead to the Abu Dhabi-owned team being banned from the Champions League.
More than $1 billion has been spent on transfer fees alone since 2008 when Sheikh Mansour bought a team that was more accustomed to playing in lower leagues than lifting trophies.
It wasn’t until 2011 that City ended a 35-year trophy drought by winning the FA Cup.
Now City is the undisputed power of English football — a status it claimed from neighbor Manchester United.
Watford was contesting its first cup final in 35 years and never had a look in after Roberto Pereyra was denied the chance to snatch a shock lead in the 11th minute by goalkeeper Ederson.
The City players were celebrating in front of the Watford fans in the 26th.
After Abdoulaye Doucoure gave the ball away, City broke forward and Sterling headed through for David Silva to strike into the net.
City’s other Silva — Bernardo — was the provider of the second in the 38th, chipping to the far post where Gabriel Jesus diverted the ball into an empty net. Sterling ensured it crossed the line and was credited with the goal.
The onslaught came in the second half with De Bruyne exerting his influence after coming off the bench.
The Belgian netted in the 61st, receiving the ball from Gabriel Jesus, who had combined with Sterling.
Gabriel Jesus found the net seven minutes later after being released by De Bruyne’s throughball, sliding past Heurelho Gomes after the goalkeeper came off his line.
Then the record-equaling final victory margin came from a double inside six minutes from Sterling, who grew up near Wembley and has a tattoo of the stadium’s arch.
The Football Writers’ Association player of the year tapped in after latching onto Bernardo Silva’s cross in the 81st, and met the rebound after Gomes pushed his initial shot onto the post.
“It just shows what the manager’s building here,” Sterling said. “At the start of the season he said, ‘Let’s try and get the mentality right and go for the Premier League again,’ and we’ve done that again, exceptionally well.
“It’s a credit to all the boys, being mentally switched on throughout the season which has been long with the World Cup as well. Everyone’s been focused and on their A game the whole way through.”