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The Esports Advocate

@TEAdvocated

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Dedicated to the business of esports and gaming | Contact: contact @esportsadvocate .net | news @esportsadvocate .net

United States
Joined January 2023
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@TEAdvocated
The Esports Advocate
7 months
Breaking: TEA has learned that a majority of team owners have voted to exit the @overwatchleague in its current state (a franchised league) and take a $6M USD payout. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
1 year
The #LCS Spring Finals generated $1.6M USD for the local economy of Raleigh, North Carolina says @visitRaleigh .
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@TEAdvocated
The Esports Advocate
1 year
Exclusive: Sources tell TEA that @riotgames put out a request for proposals (RFPs) looking for third-parties interested in handling scholastic/collegiate esports in North America.
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@TEAdvocated
The Esports Advocate
1 year
Sources in China Tell TEA's @CHYchenhongyu that the "SAMR’s decision was no surprise as Microsoft has a good relationship with China, and the deal would not affect the country’s interest." Also the SAMR will likely publish its decision at the end of May.
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@TEAdvocated
The Esports Advocate
1 year
The Ties That Bind: 3 execs from @RefractTech (two of its games were selected for Olympic Esports Series) have direct ties @GE_Federation and @SGEsportsAssoc . GEF President Chris Chan is also the SG of the Singapore National Olympic Council. Our Report:
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@TEAdvocated
The Esports Advocate
1 year
The Nod: @AlbanDechelotte has been named the permanent CEO of @G2esports . G2 also announced a new CFO and COO.
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@TEAdvocated
The Esports Advocate
1 year
Breaking: As @FaZeClan prepares for a reverse stock split, the company’s founders ( FaZe Apex, FaZe Banks, FaZe Temperrr, and FaZe Rain), leadership team, and largest investors are putting their stake up for sale. Great reporting from @TobiasSeck
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@TEAdvocated
The Esports Advocate
11 months
Intel Inside: @GlobalEsportsIn partners with @intel to provide supports for its #valorant team.
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@TEAdvocated
The Esports Advocate
11 months
Exclusive: @BelongArenas will cease operations of its game center business in the United States and has laid off a majority of its staff: ✍ @jfudge
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@TEAdvocated
The Esports Advocate
8 months
Exclusive: TEA can confirm that @version1gg / @ROKKR have been in talks with @G2esports for several months to merge. We have also gathered additional info from multiple sources on how the ownership group came to this decision.
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@TEAdvocated
The Esports Advocate
1 year
New Deal: @FURIA has renewed its partnership with @PokerStars in a new multi-year deal
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@TEAdvocated
The Esports Advocate
6 months
EXCLUSIVE: @GalaxyRacerDxb has closed @hergalaxygg and fired all staff in North America following demand letters asking for back pay and the threat of a class action lawsuit: ✍ @jfudge
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@TEAdvocated
The Esports Advocate
6 months
EXCLUSIVE: Sources tell TEA that @G2esports is in the final stages of acquiring @ROKKR owner @version1gg and that remaining staff could be affected as soon as early December, though no definitive timeline for that has been revealed. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
7 months
Alive and Well: @Sentinels announced Monday afternoon that the ownership group has committed to a cash injection of $3.4M USD, which will allow it to continue ongoing operations and expand into new areas.
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@TEAdvocated
The Esports Advocate
9 months
TEA has learned that Victor Davila ( @Quetzal_Nero ) has been charged with two felonies for allegedly soliciting sex from a minor. The former @msiUSA manager has worked with @eaJPark , @Miamineversleep , @COMBOBREAKER , and @OfflineTV , among others.
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@TEAdvocated
The Esports Advocate
6 months
EXCLUSIVE: UK-based @PromodEsports (the TO behind @valleague_ne ) files for bankruptcy and lays off staff even as players and casters remain unpaid. @riotgames confirms it is looking for other options for 2024. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Big Player: @vaynersports announced Monday that it is now representing #fortnite streamer and content creator Cody " @Clix " Conrod.
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@TEAdvocated
The Esports Advocate
1 year
TEA has confirmed that @overwatchleague team @ChengduHunters has disbanded, putting to bed months of speculation that the organization was no longer operational.
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@TEAdvocated
The Esports Advocate
1 year
. @TeamLiquid shows a a serious financial commitment to Brazil with new @Alienware Training Facility in in São Paulo, Brazil:
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@TEAdvocated
The Esports Advocate
7 months
Big Changes: @playvs announced that it will eliminate all fees for students/schools in its scholastic esports program in NA. CEO Jon Chapman tells us how he plans to pay for it, and how it will turn the page on past controversies.
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@TEAdvocated
The Esports Advocate
1 year
Former @eUnited Producer Luis Ortiz ( @shonenLewis ) joins the Phoenix @Suns as the NBA team's new senior producer of partner marketing. TEA spoke to Ortiz about the new role, his time at eUnited, and if he'll ever return to esports.
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@TEAdvocated
The Esports Advocate
1 year
TEA has learned that the Illinois High School Association ( @IHSA_IL ) voted this weekend to dump @NBA2K competitions in 2023 after @playvs informed them that they held the rights for the game. Around 175 schools enrolled for the 2023 State Series season.
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@TEAdvocated
The Esports Advocate
7 months
Open Revolt: Full-time employees at @hergalaxygg are at a breaking point because they have not been paid for two months. They are considering a mass resignation and/or legal action if they are not paid this week, according to multiple sources: ✍ @jfudge
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@TEAdvocated
The Esports Advocate
3 months
Power Play: @iBUYPOWER has been named and official partner of @ValorantEsports VCT Americas, VCT Game Changers NA, and VCT Game Changers Brazil. The company will also release a line of "spec approved PCs."
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@TEAdvocated
The Esports Advocate
11 months
Breaking: @GGTECH_es has secured a $12.4M USD investment from Glisco Partners and Heart Beat to expand into the U.S. This aligns with our reporting that it will secure the U.S. collegiate/scholastic rights to #valorant and #LoL esports.
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@TEAdvocated
The Esports Advocate
1 year
EXCLUSIVE: TEA has learned that ( @vindex -owned) @EsportsEng Co-Founder and President Adam Apicella ( @MrAdamAp ) is leaving the company it what has been described as mutually agreed upon and amicable.
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@TEAdvocated
The Esports Advocate
10 months
Dating: Sources tell @SBJ 's @Kevin_Hitt that @WeAreEnthusiast and @GSQHoldings are in talks for a possible buyout of @FaZeClan :
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@TEAdvocated
The Esports Advocate
5 months
Open Dialogue: @riotgames has confirmed that it is in talks with third-parties including the Saudi-backed Esports World Cup, following a report Tuesday from @JacobWolf that it is considering allowing a @lolesports competition at the event this summer.
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@TEAdvocated
The Esports Advocate
1 year
Exclusive: @NewzooHQ confirms with TEA that it has sunset dedicated reports related to esports, mobile, and data and that its esports partnership program that launched in 2016 has been shut down. The company will focus on core gaming going forward.
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@TEAdvocated
The Esports Advocate
1 year
Calamity in France: Three teams ( @SectorOneEU , @HEET_Gaming , @beGeniusESC ) in the French #Valorant league leave €50K in unpaid bills to players, while broadcaster @freaks4ugaming is accused of not paying casters on tim. Great reporting by @Coco_VLR
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@TEAdvocated
The Esports Advocate
1 year
Nope: @RiotGames tells TEA that it has not changed its approved sponsor categories for any games in its esports ecosystem.
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@TEAdvocated
The Esports Advocate
11 months
Army of Two: @Luminosity has signed a multi-year strategic partnership with Mexico's world-famous football club Club Deportivo Guadalajara ( @Chivas ) to launch LG Chivas. The team will compete in @PlayApex Global Series #algs
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@TEAdvocated
The Esports Advocate
10 months
Greenlight for Greenbacks: Following a "test the waters" reservation period launched last month, @sentinels has officially launched an equity crowdfunding campaign on @StartEngineLA . Community investments start at around $300 USD.
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@TEAdvocated
The Esports Advocate
7 months
Big Player: Professional tennis player Daniil Medvedev ( @DaniilMedwed ) has joined the ownership group of @M80gg today and will help the org with sports psychology, securing more partnerships and sponsorships, and growing its fanbase. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
1 year
The French government with the help of stakeholders in the country announced plans to create a national esports ecosystem and to tie esports into the Paris 2024 Olympic and Paralympic Games.
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@TEAdvocated
The Esports Advocate
1 year
Abandoned: @x1entgroup shut down @X1TalentGG this week, but content creators who worked for the agency like @iamBrandonTV and @MDee14 are still owed thousands of dollars. Instead of responding, the company and its CEO @MarkElfenbein have gone silent.
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@TEAdvocated
The Esports Advocate
1 year
Brazilian esports organization @FURIA has hired Patricia Lima 🌈 and Thales Moura to lead DEI and content creation efforts.
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@TEAdvocated
The Esports Advocate
8 months
Leveling Up: @FullSquadGaming welcomes @Class and @lanche to the team, appoints Hung Tran ( @Tran ) as its new president:
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@TEAdvocated
The Esports Advocate
1 year
TEA has confirmed with multiple sources that @eUnited is closed, and that all players and employees except the CEO left at the end of 2022. ✍️ @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Breaking: @overwatchleague has forgiven past entry fees owed to the league by @TorontoDefiant , signaling that past debt with franchised teams will likely get a similar deal, but @overactivegg is the first company to make an announcement
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@TEAdvocated
The Esports Advocate
8 months
ICYMI (We Know You Did Edition): @MSE , the co-owner of @TeamLiquid parent @aXiomaticGaming as well as @capsgaming and @WizardsDG took an undisclosed investment from the Qatar sovereign wealth fund, the Qatar Investment Authority, in July.
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@TEAdvocated
The Esports Advocate
1 year
The Path: @rafihuezo gave up working with brands like @adidas , @ProcterGamble , and @Ciroc to create @OMiTGG , an esports organization where diversity is a founding principle. This is his story:
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@TEAdvocated
The Esports Advocate
1 year
TEA talks to @TSM 's all-women #ApexLegends team - @ItzJaney , @BearSabz , @avuhlie , and @heyGuhRL - about why they prefer Apex, if they encounter toxicity while competing, and if there's a need for women-only tournaments and leagues:
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@TEAdvocated
The Esports Advocate
5 months
Head in the Clouds: Tim Mulligan ( @MulliganTM ) officially joins @Cloud9 as its new VP, head of sales. Mulligan previously served in the same position at @XSET . ✍🏼 @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Big Money: @DreamHack San Diego generated millions for the local economy during its recent three-day gaming and esports festival, according to information provided exclusively to TEA:
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@TEAdvocated
The Esports Advocate
1 year
India Milestone: @skyesportsindia announces the first franchised league in India dedicated to #csgo / #CSGO2 called Skyesports Masters:
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@TEAdvocated
The Esports Advocate
6 months
The @esportsawards partners with @livgolf_league and @Logitech G for its 2023 awards show and associated events taking place this week in Las Vegas:
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@TEAdvocated
The Esports Advocate
6 months
From the Shadows: Former Belong Gaming exec @brutebrutebrute officially announces that he has been with @playsharestar since October as its director of business development. The news follows Allstar's announcement that it has raised $12M USD.
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@TEAdvocated
The Esports Advocate
1 year
Exclusive: Inside the worst day in the short history of @TheGuard , and details on who laid everyone off and just how many employees remain as of today:
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@TEAdvocated
The Esports Advocate
7 months
LA-based @100Thieves has laid off an undetermined number of employees this week and announced that it will "spin off" its non-esports operations; its game development studio and its drink brand @drinkjuvee .
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@TEAdvocated
The Esports Advocate
7 months
I Call Shotgun: @Carvana and @NRGgg debut the Dub Wagon, a content creation studio on wheels ahead of its student-focused Rocket League competition, the Carvana | NRG Combine:
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@TEAdvocated
The Esports Advocate
6 months
Sources tell TEA that @GalaxyRacerDxb has paid out employees that were let go when it closed @hergalaxygg . It also said it is on track to pay out the HER Galaxy $100K Apex Legends Open on Dec. 23, per its contract with players. ✍🏼 @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Leo Lin has been promoted to the role of @riotgames president of global mobile growth, reporting directly to CEO Nicolo Laurent ( @niiicolo ).
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@TEAdvocated
The Esports Advocate
8 months
The posts that are saying G2 and V1 "are set to merge" are incorrect. Nothing has been finalized.
@TEAdvocated
The Esports Advocate
8 months
Exclusive: TEA can confirm that @version1gg / @ROKKR have been in talks with @G2esports for several months to merge. We have also gathered additional info from multiple sources on how the ownership group came to this decision.
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@TEAdvocated
The Esports Advocate
8 months
The @iesf_official has appointed Faisal bin Bandar bin Sultan as acting president, replacing Vlad Marinescu. This new appointment ties the federation directly to Savvy Games Group, @ESL @FACEIT Group, and the Saudi Public Investment Fund.
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@TEAdvocated
The Esports Advocate
1 year
TEA is happy to announce that former @SBJ / @esportsobserved business analyst and writer @TobiasSeck will soon be joining our team. It is an honor and a privilege to have his expertise as we make our mark on esports business coverage.
@TobiasSeck
Tobias Seck
1 year
Dear readers, colleagues, friends, and connections, As my journey with Sports Business Journal (SBJ) and The Esports Observer (TEO) comes to an end on March 31st, I'd like to take a moment to express my gratitude for the incredible experiences and growth I've had. I joined TEO
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@TEAdvocated
The Esports Advocate
1 year
The Path: What do @TenZOfficial , @SOFAFN , @mfmereu , @m80gg , and @XSET have in common? They have all crossed paths with @nateschanker on his journey into esports. This is his story:
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@TEAdvocated
The Esports Advocate
5 months
India-based tournament organizer @skyesportsindia announced Monday that it plans six major competitions tied to #counterstrike2 for 2024, which will have an overall prize pool of $1M USD. Some of these competitions will take place outside of India.
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@TEAdvocated
The Esports Advocate
7 months
Breaking: @overactivegg is the first organization to announce its exit from franchised ( @TorontoDefiant ) @overwatchleague and has taken a $6M USd payout. We suspect other teams will make similar announcements. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
9 months
Stolen Honors: @msiUSA 's Christine Fan ( @voleraie ) sounds off on former MSI worker Victor Davila ( @Quetzal_Nero ) claiming that he was her direct supervisor and for taking credit for her work. Davila was arrested in August for soliciting a minor for sex.
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@TEAdvocated
The Esports Advocate
6 months
Maximum Overdrive: @NRGgg and @GetSpectrum partner, NRG Castle renamed NRG Spectrum Castle:
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@TEAdvocated
The Esports Advocate
7 months
A Challenging Quarter: @WeAreEnthusiast recorded a $42.7M USD Loss in Q3 2023, has available cash totals of $2M. ✍ @TobiasSeck , @jfudge
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@TEAdvocated
The Esports Advocate
8 months
Payment Declined: Payment processor @stripe will not allow its use for esports tournaments with a prize pool. Esports tournaments have been categorized as gambling. ✍ @jfudge This story concerning and Stripe was first reported by @EsportsIllus .
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@TEAdvocated
The Esports Advocate
1 year
Tic Tac Doh! A hacker has compromised Tic Tac Bow, a mobile game selected for the @Olympics Esports Series to the point where its competitive credibility is already under investigation by the IOC. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
7 months
Eyes on Riyadh: An ad appeared during @scump 's @twitch stream on Thursday promoting the Saudi government Public Investment Fund-backed Esports World Cup, taking place in Riyadh in summer 2024: ✍ @jfudge
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@TEAdvocated
The Esports Advocate
5 months
Lifeline: @NodwinGaming signed an agreement with Berlin-based esports marketing company @freaks4ugaming for a convertible note at a consideration of €3.6M EUR (INR ₹33.26 Cr, or roughly $3.9M USD), to be paid in cash. ✍🏼 @jfudge
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@TEAdvocated
The Esports Advocate
10 months
New Horizons: Former Juked Co-Founder and CEO Ben Goldhaber ( @FishStix ) joins anti-toxicity platform to help with marketing efforts. GGWP also revealed an additional $10M in funding and that its platform is available for free to all game developers.
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@TEAdvocated
The Esports Advocate
6 months
BREAKING: Berlin-based @freaks4ugaming announced Friday that it will turn over the license to @NLClol to Denmark-based esports platform and tournament organizer @Leagues_GG @jfudge , @TobiasSeck
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@TEAdvocated
The Esports Advocate
4 months
Adults in the Room: @LeagueSpotGG partners with @fullsquadgaming for an adult-focused league called the Full squad Gaming League. Currently it offers competitions in Valorant and Overwatch 2.
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@TEAdvocated
The Esports Advocate
8 months
To the Moon: @RaidiantGG teams up with @PsyonixStudios to create Star Chasers Showdown featuring @RocketLeague , a $30K USD competition for women and marginalized genders in North America and Europe. ✍ @jfudge
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@TEAdvocated
The Esports Advocate
4 months
Goodbye Overwatch League, Hello Overwatch Champions Series: EFG and @Blizzard_Ent announced a new Overwatch 2 esports competition called the Overwatch Champions Series. The competition will utilize @ESL , @DreamHack , and the @FACEIT tournament platform.
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@TEAdvocated
The Esports Advocate
4 months
Be Your Own Agency: Esports and gaming marketing veterans @marconeverman and Dominic Müller launch @BrightUpAgency . Supported by @I3Agency parent I3 Holding, the agency's founders aim to leverage their deep-rooted industry expertise and connections.
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@TEAdvocated
The Esports Advocate
1 year
New Blood: @SeattleSurge and @VancouverTitans owner @WeAreEnthusiast has named @NickBrien as its new chief executive officer.
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@TEAdvocated
The Esports Advocate
1 year
Board to Death: @Astralisgg announced that its board of directors has initiated a "strategic review" to determine the company's future. First reported by @dust2us
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@TEAdvocated
The Esports Advocate
5 months
Counter-Strike focused editorial site @HLTVorg partners with Saudi-owned @FACEIT (part of the @ESL FACEIT Group) to bring data and other features to its community:
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@TEAdvocated
The Esports Advocate
6 months
Permission Granted: Russian lawmakers propose a new law that would allow esports competitions within the country to be operated without licensing or the permission of IP owners. This story was first reported on in English by @EsportLegalNews . ✍ @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Exclusive: TEA has learned that Philly-based events and facilities company @nerdstreet has cut 25% of its staff this week.
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@TEAdvocated
The Esports Advocate
5 months
The Rise and Fall of Stryda: How did @Strydagg (formerly G-Loot), a Swedish esports company that has raised nearly $100M since 2016, find itself filing for bankruptcy and laying off its entire staff? Let us paint you a picture: ✍🏼 @TobiasSeck , @jfudge
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@TEAdvocated
The Esports Advocate
10 months
In the three-month period that ended June 30, @FaZeClan generated $11.69M in revenues, a $7.1M or 37.8% decrease compared to the same period in 2022. ✍ @TobiasSeck
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@TEAdvocated
The Esports Advocate
6 months
Thank you to all of the panelists at @PWR_UP for sharing their esports industry insights, knowledge, and experiences. 📍 #EsportsAwards2023 🗓️November 28-29 | Las Vegas 📷 @jayyparkin
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@TEAdvocated
The Esports Advocate
4 months
Closer Look: We take a closer look at the recently announced @ESWCgg Foundation's Esports World Cup Club Program, which will dole out millions in financial incentives to 28 international esports clubs: ✍🏼 @jfudge
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@TEAdvocated
The Esports Advocate
5 months
Holding Pattern: @GalaxyRacerDxb has failed to pay the winners of the @hergalaxygg $100K Apex Legends Open that concluded in June. GXR told players Thursday in an email that they don't have a timeline for when they will be paid either. ✍🏼 @jfudge
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@TEAdvocated
The Esports Advocate
1 year
Exclusive: Matthew "Burns" Potthoff ( @Potthoff ) officially joined @PIVOTAgency on Tuesday. In an exclusive interview with TEA, the former @eUnited VP of esports tells us why he ultimately decided to join the San-Francisco based sports marketing agency:
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@TEAdvocated
The Esports Advocate
6 months
There are something money can buy: @Mastercard partners with @G2esports and @riotgames for the Mastercard Gamers Academy to give 10 participants connections and mentoring needed to purse #esports as a career.
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@TEAdvocated
The Esports Advocate
1 year
Business analyst and soon-to-be TEA contributor @TobiasSeck offers some rapid analysis on what happens next for @FaZeClan - you def will want to read his comments.
@TEAdvocated
The Esports Advocate
1 year
Breaking: @FaZeClan has gotten its first deficiency warning and faces delisting if it can't get back in compliance in 180 days.
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@TEAdvocated
The Esports Advocate
1 year
Bad investments in @ATVI_AB leagues caught up with @overactivegg as related impairment charges offset solid revenues, resulting in a $27.1M USD net loss for 2022. ✍🏼 @TobiasSeck
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@TEAdvocated
The Esports Advocate
4 months
SOLD: @100Thieves has sold energy drink company @drinkjuvee to @sprecherbrewery for an undisclosed amount.
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@TEAdvocated
The Esports Advocate
9 months
And Another One: @riotgames reveals that @TheGuard will not be a part of #VCT Americas in 2024, confirming TEA's reporting in February that parent Kroenke Sports & Entertainment are moving out of the business of esports.
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@TEAdvocated
The Esports Advocate
8 months
Game Time: Esports sportsbook @rivalryca continues to experiment with creating original IP for its Millenial and Gen-Z customers; the latest effort is a 3D game called Cash & Dash.
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@TEAdvocated
The Esports Advocate
9 months
Good Fight: @MisfitsGG creators @snifferish , @inviicta , @LunchTime_YT , @MrsChimChimLOL , @shayarayne , @Surfnboy , and @JWantedL will host a Charity Stream-a-thon to raise $ for Boca Raton Regional Hospital Foundation's ( @BRRH_Foundation ) Go Pink Challenge.
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@TEAdvocated
The Esports Advocate
1 year
Breaking: @FaZeClan will initiate a reverse stock split to regain Nasdaq compliance if approved by its board in upcoming board meeting. Company will not go private. All of this was predicted by @TobiasSeck in recent reporting for TEA
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