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Team Liquid
Team Liquid traces its origins to 2000 as a Dutch StarCraft fan website and community before evolving into a formal competitive gaming organization, eventually growing into one of the largest and most decorated multi-game esports organizations in the world. The organization fields competitive teams across numerous major titles, including League of Legends, Dota 2, and Counter-Strike, and its Dota 2 roster won The International in 2017, one of the largest prize pools in esports history at the time, cementing Team Liquid's status among the sport's most successful organizations. Team Liquid became a significant early example of traditional sports investment entering esports when the Aser Ventures and Axiomatic investment groups, whose backers include NBA figures, took ownership stakes in the organization, reflecting the broader convergence between mainstream sports business and competitive gaming. Team Liquid's combination of its origins as a grassroots StarCraft community and its landmark 2017 International championship victory has made it one of the most historically significant organizations in competitive esports.
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TSM
TSM, originally founded in 2009 as Team SoloMid by Andy "Reginald" Dinh, began as a League of Legends-focused organization built around Dinh's own competitive playing career before he transitioned fully into ownership and management as the team grew. The organization became one of the most successful and popular League of Legends teams in North American competitive history, winning numerous domestic championships and building one of the largest fan followings of any team in the region's League of Legends scene. TSM drew significant industry attention in 2020 when it sold its League of Legends franchise slot naming rights to cryptocurrency exchange FTX in a reported 10-year, roughly $210 million sponsorship deal, at the time one of the largest sponsorship agreements in esports history, before FTX's subsequent collapse ended the partnership early. TSM's combination of its founder's own competitive playing roots and its landmark, later ill-fated FTX naming rights deal has made it one of the most closely watched esports organizations in the industry's business history.
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