Team Liquid Debuts at the North American League Championship Series with Major Victories

Team Liquid has kicked off their debut at the North American League Championship Series (NALCS) with two major victories. Over the weekend, Team Liquid bagged a decisive 2-0 win over Team Solomid, the current reigning champions at the NALCS and the top-ranked team for pre-season games. Team Liquid also won the following round soundly against Optic Gaming, thus paving a clear path to winning the championship.

Team Liquid on the Way to Championship with Gratifying Wins

NALCS is the pro league championship tournament for League of Legends, the most popular esport in the world. The famous online arena battle game was played by over 100 million estimated monthly active users in 2016. Team Liquid and its management, aXiomatic, has focused efforts considerably on improving performance for this particular game. The team underwent a complete roster overhaul prior to the tournament and the players had intensive boot camp training pre-season before entering the NALCS with a splash. Team Liquid’s management remains highly satisfied with the gamers’ incredible start at the NALCS and remains hopeful about the team’s prospects for the rest of the season.  

Team Liquid Adds a New Game and Acquires Pro League Players

Team Liquid continues to forge new pathways in the ever-expanding esports genre. Just recently, the team started on a new game, “Rainbow Six Siege” (R6).  Liquid also added a new roster of players, the MOPA Team, to its portfolio. Hailing from Brazil, MOPA Team is a group of highly experienced pro league R6 players. MOPA’s roster of players include the former regional champions of LATAM—Leo “ziG” Duarte, André “neskwga” Oliveira, Lucas “yuuk” Rodrigues, José “Bullet1” Victor, and Thiago “xS3xycake” Reis. With MOPA, Team Liquid will soon participate in the upcoming Rainbow SixPro League championship games in February.

Team Liquid Partners with Ubisoft for R6 Franchise

With R6 league championships on the horizon, Team Liquid will soon become a franchise partner with Ubisoft, one of the biggest video game developers in the industry. The “Tom Clancy’s Rainbow Six” is the flagship esports title for Ubisoft, which is currently the fourth largest publicly-traded video game company in North America and Europe. Team Liquid is entering a long-term partnership with Ubisoft as the players will soon debut in the R6 league.

The game is a tactical first-person shooter franchise where players engage in a military-style global counterterrorism operation in game. R6 has a massive following that is growing each year. In 2016, the game had 25 million players on all platforms. As the game becomes more popular, the stakes for the championship title becomes steeper. Team Liquid hopes to beat the odds with the expertise of MOPA at the upcoming high-stakes championships.

Team Liquid last year won the International Dota 2 Championships, bringing home a $10.8 million grand prize. The team and its management hope to replicate this success in 2018 and beyond. The team’s winning chances have been strengthened by the players’ early success at NALCS. With MOPA’s seasoned players on the roster now, Team Liquid has become a formidable force to be reckoned with in the esports field.


Jason Sugarman’s Thoughts on Colleges Joining E-Sports

E-sports, meet varsity athletics. Florida Southern College in Lakeland has become the latest university to form an e-sports team. ESPN recently reported that the university will field a League of Legends team starting January next year. It’s novel for the university and the state as well. The Southern College’s e-sports team would be the very first in the state and also the very first National Association of Collegiate Esports team for the state.

Florida Southern College was not the only university to announce e-sports teams this month. Harrisburg University in Pennsylvania announced all of three varsity e-sports teams in League of Legends, Hearthstone, and Overwatch. The teams would soon start competing for the best players on a national level. The Harrisburg U has only 500 students in total. So the announcement of varsity e-sports teams is major news for the campus.

It’s becoming obvious that e-sports are gaining ground when the universities are pitching in. Varsity e-sports are definitely not in the same league as, say varsity football, at least not yet. It’s not in the same league as franchise e-sports teams, like Team Liquid, either. Team Liquid, which counts Jason Sugarman as an investor, has gone on to win international tournaments and grand prizes in the millions. It will be a while until varsity teams can boast the same.

Why are Universities Becoming Interested in E-Sports?

The reasons largely vary according to the university in question. Florida Southern College, for example, sees e-sports as a way to unify students around a common, collegiate goal. Students are already gamers when they become undergraduates, so it’s easy to bring segments of the student body together. The Florida college even includes the e-sports program in the scholarship program, but not under the athletics department. The university’s dean of student development, Bill Langston, has acknowledged e-sports as a “growing trend” that athletics-minded universities can no longer ignore.

Harrisburg University has somewhat different goals in mind. With less than 1,000 people in the student body, the university has no way of becoming a conventional sporting powerhouse. Therefore, the university dreams of becoming an e-sporting powerhouse. Unlike Florida Southern, Harrisburg includes e-sports in the athletics department. The university is serious about becoming a major name in the e-sports scene.

What Would it Mean for E-Sports in the Future?

Regardless of the reasons, universities joining the e-sports world could spell major changes for the sector. It would definitely propel e-sports toward the mainstream. Already, people most interested in e-sports are overwhelmingly young. If they could engage in e-sports in colleges as well, then the sector ends up with great branding potential. Investors like Mr. Sugarman can anticipate higher returns just on the varsity segment. Like with conventional football or soccer, varsity level tournaments for e-sports could become a thing on its own.

E-sports teams with national-level ambition often struggle to recruit promising players. Varsity grade games could solve this problem as well. Overall, college-level e-sports are good for universities, players, students and investors as well. It is very exciting to think about how all this would play out in the immediate future.

Jason Sugarman Anticipates National Team Issues in E-Sports

Soon after winning the “Super Bowl” of e-sports several weeks ago, Team Liquid, Jason Sugarman’s choice e-sports team, has run into some trouble. The Team quite recently had to replace a player, Peter “Stanislaw” Jarguz, with the newcomer Lucas “steel” Lopes. The replacement was unanticipated but stemmed from an internal dispute of how things should be run. These sorts of disputes are common among gamers but perhaps have not always been as well-known. After being ousted from Team Liquid, Lopes was approached by gaming media for his account, just like in a conventional game.

The ouster of Lopes, though not unusual, does speak to the bigger problem facing the e-sports industry—the formation of national teams. Devout gamers have been quite good at putting together teams that win big and raising awareness on e-sporting. Consider, for example, the massively successful rAge event this year, arranged by Kwese and VS Gaming. While these events are important, it’s no secret that e-sports have struggled to form national teams. For dedicated e-sports investors like Jason Sugarman, this is somewhat a disappointment.

Why National Teams are Important for E-Sports

E-sports are largely limited to local events at the moment. Usually, a group of people who may live close to each other puts together a team to attend events nearby. National teams, on the other hand, have the potential to uplift these local teams into the international arena. It’s not so different playing soccer on your street and playing at an international stadium. Players could go toe to toe with not just the best in the server, but the best in the world. E-sports can finally become a serious gaming event with national teams.

Having national teams could also boost the franchising potential of various e-sports teams. It would not be much different from having a team like LAFC, Manchester United, or the Red Sox. Who knows, maybe in the future e-sports national teams might even play at the Olympics.

Why Gamers have Trouble Putting Together National Teams

The issue is multifold. Various e-sports teams, including Team Liquid, win huge prizes and constantly demonstrate that e-sports is worth the bother. However, the general perception of the sector is still subject to various stereotypes. The average non-gamer does not take e-sports seriously and does not know that virtual games could be as professional as conventional games like soccer or football. As a result, e-sports teams may lack the support they should get from authorities responsible for forming national teams.

Some gamers are also not entirely comfortable with forming national teams. On the virtual plane, just about anyone can get together to play a game. Locations and boundaries usually blur when it comes to video games. As long as there’s an internet connection, players can get together regardless of whether they are located in America or China. With national teams, the industry risks politicization of the fun, similar to how athletics can get politicized by events like the Olympics.

Future Expectations

Regardless of what one person thinks about national teams, playing at the national level can inarguably raise the standing of e-sports. The real question is whether teams would ever get there.

It is not impossible that, as young e-sports lovers get older, the games would eventually become national.

Investing in Charity and How to Do It Right

Many financiers and investors have praised charity, not only as a form of giving to the needy but also as a form of investment. Charitable giving towards a cause does indeed lead to development in third sectors. Jason Sugarman, a veteran private equity investor, has long believed in charity. He donates liberally to health and education charities. Mr. Sugarman is a major donor of the Fullerton Technology Foundation, which provides much-needed tech equipment and infrastructure to needy schools in L.A.’s Fullerton school district. Mr. Sugarman has donated over $2 million in six years to the charity.

Education is considered one of the most important forms of investment. Wealthy donors have a major role to play in ensuring that children have access to a proper education, Mr. Sugarman strongly believes. However, as an investment, charities also bright forth risks. The risks are mainly in the form of fraudulent charities that engage in corrupt practices. Here are several techniques that will ensure charity investments are legitimate and credible:

Consider Third-Party Evaluations of the Charity

Charities can sometimes make hyperbolic and misleading statements to get people to donate money. A good way to avoid this trap is to check out third-party evaluations of the charity. There are well-regarded entities, like the National Center for Charitable Statistics, which do valuable assessments of claims various charities make.  It’s strongly advised to look up a charity with one of these third-party evaluators before giving them your money. A good charity spends the majority (over 75 percent) of funds on programs and not day-to-day administrative costs. You should definitely not donate to a charity where less than a quarter of all funds go towards the actual programs.

Check the Tax Return

Some charities can lie on websites, but charities cannot make up false claims on their tax returns. Charities are legally compelled to file a tax form called Form 990 annually. This form is also required to be publicly accessible. This tax form includes legally-binding information about how the charity spends money. It’s a good insight into how good a charity actually is. It’s highly recommended to seek out the most recent Form 990 of a charity before donating heavily to the organization. If you are planning to donate millions of dollars, then researching the tax returns is a must.

Do Read the Mission Statement

Just like the tax forms, the mission statement contains a wealth of information regarding the real finances of the charity. The more detailed the mission statement is, the better the charity is. It’s worthwhile to read the boring mission statements to find out what policies the charity is involved in and how detailed the plan of action is. Avoid charities that make vague statements like “saving sick children.” Find out how exactly the charity is planning to help sick children.  Never rely on vague statements.

Do not get involved with charities that pressure you into giving. Also, if the charity’s finances are not transparent, then it’s probably not a charity at all. Above all, choose a cause that’s close to your heart, says Mr. Sugarman. Only then will you be able to make a difference.

Jason Sugarman Excited Over Carlos Vela, LAFC’s Designated Player

The Los Angeles Football Club (LAFC) signed Carlos Vela this August as the club’s first-ever “designated player.” It was a “momentous day” for the club, in the words of John Thorrington, LAFC’s general manager and executive vice president of soccer operations. He rightfully predicted that Vela would excite the club’s fans. Jason Sugarman, who is one of the many celebrity investors of the club, is intently focused on how Vela would perform in 2018 when the club would make its debut.

Who is Carlos Vela?

Carlos Vela may not be known to regional soccer fans, but he has extensive international playing experience, according to Mr. Thorrington. Vela is young but has played in many top leagues around the world. Until recently, Vela was with Real Sociedad, the famous Spanish soccer club, as a celebrated forward. Next year, he will transfer to MLS club and play with LAFC. Vela is playing the remainder of this year with Real Sociedad.

LAFC has stated that Vela is the “exact type and profile of player” the club has been looking for. And it’s hard not to see why. Vela is hailed for his versatile and high-end attacking style in his position. He’s also unique because, though he is known as a forward, he plays other positions fluidly as well. He has yet to play a forward in this soccer season for Sociedad, where the club is only behind Barcelona. Vela has been a great secondary playmaker this season for Sociedad. It’s not hard to see the star-level potential here.

Vela got his professional start playing for the Mexican national team. But in the past few years, he has mainly played professional soccer in Spain and England, two of the best places for the game. He really emerged as a noteworthy player in the 2013-14 season, when he scored 16 goals for his team, three of which were in the UEFA Champions League. This year, he appeared in three 2017 FIFA Confederations Cup games. He has played 6 games for the 2018 World Cup cycle, scoring twice.

LAFC’s Coach, Bob Bradley, formerly of the U.S. national team, has called Vela an “exciting attacking player.” Vela is tapped to develop the “style and tempo” for LAFC that the club will bring to the 2018 soccer season. Expectations are flying high, and Vela is well prepped to meet them.

LAFC’s Highly Anticipated Debut is Just around the Corner

Mr. Sugarman is excited about many things for the next year’s soccer season. For one, LAFC’s Banc of California Stadium is coming along nicely and will be ready for the upcoming season. The construction of the stadium is bringing over $300 million worth of private investments to L.A. It will be a soccer-specific and will also be the first open-air stadium built in the city since 1962.

The 2018 MLS season is expected to be quite busy. The club’s main objective right now is to ensure that players are well trained, and also don’t get injured playing this year’s season. Once that’s accomplished, LAFC’s debut season won’t be any less than a total blast.

Jason Sugarman Explains Why L.A. Should Get Excited about Soccer, Not Football

Investing in football is not always as it’s cracked up to be. Let’s take Los Angeles professional football, for example. The NFL is desperately trying to make it work but is epically failing at doing so. The early season results of L.A. football have been dismal, to put it mildly. Football fans don’t seem to be interested in Rams paying the Seahawks, despite the team’s stars practically begging fans to attend the event. Even worse are the Chargers, who recently played a shockingly disastrous 0-4 game.

The Dolphins-Chargers game on the second week of the season saw many empty bleachers. The home team was publicly humiliated when the visiting Eagles players managed to make the remaining crowd cheer for them instead. The incident even lead Dick Stockton to claim, quite amazed, that he’s never seen a “visiting player getting the crowd loud against the home team.”

It seems that L.A. football is getting attention for all the wrong reasons. But the city can safely be crazy about the other football, called soccer here, that doesn’t fail to fill the stadiums. For those who are disappointed in L.A. football, veteran investor Jason Sugarman lists some of the reasons to get excited about L.A. soccer instead:

LAFC will Make a Grand Debut in 2018

The Los Angeles Football Club (LAFC) is the most recent entry to Major League Soccer. LAFC will make its debut in the 2018 season, and there are plenty of reasons to get excited. LAFC is funded by celebrity investors like Will Ferrell, Magic Johnson, and Mr. Sugarman. Recently, the Club held an event to break the ground to build the highly anticipated Banc of California stadium in the namesake hometown. The star-studded event was attended by LAFC’s co-owners, investors, sports people and local politicians.

The event took off to a great start with Club’s co-owner, Mr. Ferrell, as a homage to his Hollywood persona, putting down a gauntlet jokingly. The event announced the Club’s naming rights partnership, which was called the “the largest sponsorship in the history of MLS” by LAFC managing owner Larry Berg. Hopes are high that LAFC will make a huge impact on MLS overall.

The Club has signed on players Rodrigo Pacheco, Bassey Etim and Carlos Alvarez, so it’s not hard to believe that LAFC will make a huge splash next year. The team is being coached by the former national team coach Bob Bradley. LAFC is also under the keen supervision of general team manager John Thorrington.

All Signs Indicate that Soccer is the Better Investment, Not Football

Investments follow the “smart money.” Right now, smart money doesn’t seem to be in L.A. football. The ability to draw “correct inferences” from market trends is a crucial skill in becoming a good investor (or at least an economist), according to Stanford’s economics program. Mr. Sugarman, who graduated with a B.A. in economics from Stanford, sees great potential for L.A. soccer much more than L.A. football. Sports fans in the city are already shunning local football, while soccer seems to get everyone excited. Therefore, the investment opportunities right now seem to be in soccer.

Investors Get Access to the Box Seats Everyone Wants

Football fans may have to go to war to get the best box seats, but for the investors of a team like LAFC, the box seats are guaranteed. Not only do box seats give a great view of the game being played, you also get to sit next to other important people. The use of the director’s box has long been hailed as a major opportunity to network with other financiers and investors. Businesspeople can meet others who could potentially become clients. Also, everyone loves the sport, so that’s always a great way to prompt a genuine connection.

Soccer generally attracts more investments than NFL because the sport has a global appeal that most other sports in America don’t. Global appeal translates to millions in profits. As Mr. Sugarman shows, that’s definitely one of the major reasons to invest in a soccer team. Also, the city seems to be into soccer much more than football anyway. Entrepreneurs who have always loved the game can benefit professionally and personally by investing in soccer clubs.

Jason Sugarman: Entrepreneurial Leadership and Giving Back

Jason Sugarman was recently named the Ronald Reagan Leadership Award honoree by the Republican Jewish Coalition (RJC). Sugarman will be presented with the award on November 12th at California Bash 2017, held at the Beverly Wilshire Hotel in Beverly Hills. The event will be attended by notable personalities such as Senator Norm Coleman, founder, and CEO of BiteSizeTV Ron Bloom and Isaac Applebaum from Radius Intelligence. The keynote speaker for this event will be the casino mogul and recently appointed the chairman of the Republican National Committee (RNC), Steve Wynn.

As the Ronald Reagan Leadership Award honoree, Mr. Sugarman is being recognized as a notable leader of the next generation. He is a leader who is going to make a difference in his community and the world in many impactful ways. Mr. Sugarman has decades of experience as an entrepreneur and an investor specializing in financial assets. His lucrative investments have allowed him to become a major donor to numerous health and education nonprofits along with his wife, Elizabeth Sugarman.

Mr. Sugarman is deeply moved by the award that he is being present with by RJC.

What makes a good business leader? How does a good business leader give back to his community? Mr. Sugarman has three ?? when he invests.

Invest in Local Businesses

Investors love to fly around the world looking for new ventures. While there’s nothing wrong with that, Mr. Sugarman believes investors should look into their own communities as well. Mr. Sugarman himself has been involved in infrastructure projects overseas but also many domestic projects as well. He also invests heavily in small restaurants in his hometown of Los Angeles. This is just one of the ways he is able to give back to his community. His restaurant investments help create jobs for local citizens as well as keep local businesses in good shape to strengthen the communities they operate in.

Don’t Ignore Impact Investments

Not all investments are for profit only. Impact investments are contributions made to non-profit causes. While there may not be lucrative financial profits in such investments, there are definitely other gains to be made such as making communities better. Many wealthy businesspeople and big companies are now doing impact investments. The biggest example is Mark Zuckerberg, who has committed some $45 billion in Facebook stock to battle childhood diseases. Mr. Sugarman also invests for impact and positive social change through health and education nonprofits. He encourages other investors to take heed as well.

Choose a Sector You Know Well and Love

Leaders are made, not born. Investing and entrepreneurship are talents that are honed by people who excel in them. Mr. Sugarman urges new entrepreneurs to choose sectors they are already familiar with to make an impact. If you love what you are doing, then you can do it well. Leaders are not made overnight, so being involved in a sector for years is important for gaining insight and experience. Mr. Sugarman was involved in the finance industry for over 20 years. You cannot be involved in anything for that long without loving what you do, at least not actively and successfully involved.

Lastly, Mr. Sugarman wants to emphasize the importance of being passionate about what you do. Passion is the major driving force for successful entrepreneurship just like leadership. Mr. Sugarman’s most lucrative investments in finance and sports have come from things he is deeply passionate about. It will be difficult to be successful in your leadership without loving what you do and being passionate about it.

Jason Sugarman on Why He Invested in a Merchandising Brand When Retail Stocks are Tanking

Jason Sugarman was not messing around when he invested heavily in Marucci Sports, a well-known baseball merchandising brand. It was not a spur of the moment investment, he says, but a carefully calculated one. He is a huge baseball fan, a game he loves as much as football, but his decision to invest in Marucci when retail brands are closing outlets countrywide was not driven by personal passions.

What is Marucci?

Marucci is a brand closely associated with Major League Baseball. The company originally made a name for itself by manufacturing maple wood baseball bats at a time when ash wood bats are prominently used. Marucci’s unique bats quickly became popular among pro players such as Ortiz, José Bautista, Chase Utley, and Albert Pujols. The company was first founded in 2002 by the former head baseball coach of Louisiana State University, who lent the brand his name. About a decade later, nearly a third of all pro baseball players were using Marucci bats. The brand retains its popularity still and has expanded to other baseball gear like gloves, apparel, and hats.

Marucci’s branding strategy is also unique in the sense that the company doesn’t sponsor individual players, like Nike, Adidas or similar sports brands. The brand instead brings in players to the company. This ensures that the Marucci name remains closely associated with baseball.

Investing in Merchandise When Traditional Retail is Failing

Mr. Sugarman follows MLB games, so the Marucci name has always been recognizable to him. He has watched the brand grow from baseball bats into conventional money makers like clothing. He sees great potential in Marucci to grow even more. Interestingly enough, his investment comes at a time when retail outlets are in the news for the wrong reasons.

Traditional retail is giving way to online shopping, Mr. Sugarman admits. But he doesn’t think that merchandising would suffer from lack of support from traditional retail outlets. He thinks brands like Marucci can thrive online, as legacy brands like Nike did in retail shops in malls in the nineties. Marucci may even have a bigger advantage thanks to how digital marketing drives online shopping, Mr. Sugarman thinks.

How a Brand like Marucci can Thrive in the Age of Online Shopping

Online shoppers are more scrutinizing than outlet shoppers because there are so many options available to them. So how does a brand like Marucci get to them? Mr. Sugarman thinks targeted digital marketing is what could make the difference for a brand like Marucci. Digital marketing can carefully choose a target customer base thanks to big data. Marucci is a brand that goes side by side with baseball. It’s not that difficult to get the merchandise on the computer screens of baseball fans, according to investors like Mr. Sugarman.

Marucci still makes sales offline as well as online. But with a carefully planned out marketing strategy, the brand can really bloom. Mr. Sugarman expects that Marucci will continue to make profits in the coming years, and more importantly sustain its current profit margins.

Jason Sugarman Celebrates Team Liquid International DOTA 2 Championship Win

Team Liquid, the e-sports team just won The International DOTA 2 Championships. The team is taking home a whopping $10.8 million grand prize.

The International DOTA 2 Championship is like the Superbowl of e-sports where the best of the best online gamers from around the world compete for the multimillion-dollar grand prize and lasting fame. The players compete in multiplayer online battle arenas (MOBA) set up by the gaming commission.

This year’s DOTA 2 was held in Seattle and is the seventh annual game in the competition series. The final round was down to three teams: A European team, a Chinese team named Newbee, and Team Liquid consisting of players from around the world. Newbee was beaten by the European team, which was beaten in the final round by Team Liquid by a victorious 3-0.

The second place took $3.9 million home, while the third place won $2.4 million. The total grand prize this year was $24 million, a sizeable increase from the $20.7 million grand prize awarded a year ago. The prize money is taken out of profits made from virtual goods sold in game.

Jason Sugarman was full of congratulations for Team Liquid, which he majority controls with several other business luminaries. The team is co-managed by Steve Arhancet and Victor Goossens of aXiomatic. Before this win, Team Liquid was considered one of the most notable and best eSports teams in the world. This championship win solidifies Team Liquid’s reputation.

The DOTA 2 tournaments are typically huge. This time around, Team Liquid overcame a total of 16 finalist teams in the battle arena. The competitors played at the actual Key Arena in Seattle, where huge crowds cheered on teams like any major sports event.

Team Liquid’s ultimate win was not easy, however. The team nearly fell out of the competition in early rounds but managed to strike it out and fight itself into the lower ranking brackets, qualifying the players for the final round.

Veteran Financier Jason Sugarman Talks Investing in E-Sports

Jason Sugarman is best known for his private equity and debt-based investing. He has also made a fortune in the asset-based lending sector. So it comes as a surprise to some that Mr. Sugarman’s latest endeavor is e-sports investing. Perhaps, not so surprising to his closest friends. Mr. Sugarman is a famous sports lover and has made a number of investments in traditional sports. He is one of the many famous investors in the Los Angeles Football Club, which will debut next year. He owns several other sports teams including the Oklahoma City Dodgers. So how does a football loving financier bet his stakes on online games like Overwatch?

The Next Big Sports Investment

E-sports is already raking in massive profits. For Mr. Sugarman, who regularly deals with major profit-making sports, investing in e-sports is only natural. E-sports refers to games that are played via an electronic system, like a gaming console or a computer. Video gaming is no longer a cornered subculture. The industry earns billions in profits each year, and established titles, like Halo and Starcraft, have huge global followings. There’s a lot of money to be made in e-sports for both developers and sports investors.

It’s estimated that e-sports revenue may pass the $1 billion markers by 2019. In 2015, the industry made about $325 million, over a 40 percent increase over the annual profits of the previous year. It’s hard to believe that the growth of the industry could be stalled, especially when countries like China are adding new games each year.

Mr. Sugarman’s interest in e-sports follows his love of classic games like football and baseball. Sure, there’s a lot that can be made by investing in teams. But there’s also the thrill of the game that surpasses profit motives. So far, Mr. Sugarman is still a “noob” or a newcomer when it comes to e-sports. He is not heavily involved in playing the games, but closely watches rising talent that gets ranked globally.

Team Liquid

Mr. Sugarman’s choice e-sports team is Team Liquid, one of the biggest in the whole gaming world. He has made considerable investments in the team. He is not alone. A number of other celebrities have also invested in Team Liquid, including easily recognizable business celebs like Tony Robbins, the “CEO whisperer,” Paul Schaeffer of Mandalay Entertainment, and Eric Lefkofsky, the co-founder of Groupon. Even the basketball luminary Magic Johnson is an investor in the team. Team Liquid is a star player in immensely popular online games like StarCraft 2, Overwatch, and Halo.

Are Virtual Sports the Future?

While Mr. Sugarman is quite excited about his e-sports investments, his mind is never off his real sports passion, football. He believes that e-sports will play a major role in the future, but do not think that it will be able to surpass classic sports like football.