Owners of professional video game teams in a battle of their own
Months after Susan Tully and friends bought a pair of professional video game teams for an estimated 1 million, her four-man "Call of Duty" squad finished its season in 11th out of 12 places. There, exposure and sponsor interest would dissolve. The distress Tully felt as she spent an April afternoon in a small, dark Burbank video studio watching her team attempt to avoid demotion was not the emotion she banked on when she put her money into the burgeoning industry. But upheaval is becoming something of a routine for the investors fueling pro video gaming's rapid rise. China's richest man, Russia's richest man, the U.S.'s fourth-richest man and a string of American multimillionaires all have ties to teams now.
Jun-11-2016, 13:45:33 GMT
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