MGG / Video Games Articles and stories / League of Legends (LoL) /

LoL — LEC: Joseph Tsai, Brooklyn Nets owner, invests $10 million in G2

LoL — LEC: Joseph Tsai, Brooklyn Nets owner, invests $10 million in G2

Brooklyn Nets owner — an American professional NBA team — Joseph Tsai has invested $10 million in G2 Esports.

LoL — LEC: Joseph Tsai, Brooklyn Nets owner, invests $10 million in G2

Brooklyn Nets (NBA team) owner and co-founder of the Chinese Alibaba Group, Joseph Tsai, has just invested $10 million in G2 Esports. A rather significant investment if we take into account the value of the company, estimated at 165 million dollars by Forbes.

Joseph Tsai - League of Legends
Joseph Tsai

With this investment, G2 Esports has also announced his intention to open an office in New York in 2020.

"New York is an underleveraged and under-represented market in e-sports, which is odd because it in particular is where so many impactful subcultures have been born in the U.S. This is an opportunity for G2 to capitalize on playing to the East Coast. »

By strengthening its presence in New York, the Berlin-based company will also be able to take advantage of sponsorship opportunities with American companies. Earlier this year, G2 had already raised $17.3 million from New York investors, according to Forbes.

It should also be noted that the structure will also benefit from Joseph Tsai's connections, which should enable G2 Esports to reach the Chinese market — where it's seeking to extend its influence.

The Mecha Kingdoms event has begun!

Riot have released a short teaser featuring Jax and a new family of skins — the Mecha Kingdoms. They're now available alongside a brand new event!

Clémence LEMOAL
Clémence "Idril" Lemoal

La Anton Ego du jeu vidéo.

More Stories

08:10 LoL: This champion has been dominating soloQ for months and it's not about to stop!
08:06 MOBA's Most Hated Champion Is Also Infuriating TFT Players
10:07 LoL: When does season 13 start?
10:01 K'Santé, the first problem that Riot Games will have to solve in 2023
09:53 What is the best-designed champion? The community has the answer!
09:50 Azir support, the new pick that is all the rage in China
09:50 LoL: Which champions received the most skins in 2022?
10:53 LoL: Would the solution to improve the meta be to remove the nerves on the anti-heal?
10:52 LoL: The patch schedule for season 13
10:53 LoL: The pentakill of the champion who is least likely to do so


The best champions for Patch 11.16
League of Legends 2021 World Championship Finals venue and date announced
LoL: 7 questions about Akshan answered by the developers

Discover guides

LoL Guide, Build: Glacial Augment and Electrocute Ahri, Mid, S10
How to Sona Support in S10
League of Legends Transfer Window — From LCK to LPL, Khan joins FPX