NBA legend and Charlotte Hornets owner Michael Jordan became the most recent high profile backers in esports as one of two new investors in a $26 million Series C funding round by aXiomatic, the parent company of one of esports' most valuable teams, Team Liquid.
Jordan and billionaire investor David Rubenstein were the new names to join aXiomatic's star-studded list of investors. The rest of the capital raised came from additional investments from existing co-executive chairmen of the company — Golden State Warriors' co-owner Peter Guber, Oaktree Capital Management cofounder Bruce Karsh, Tampa Bay Lightning owner Jeff Vinik and Washington Capitals owner Ted Leonsis.