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Miami Heat Acquire Stake in Misfits

Written by Ragamuffin | 2017-01-10 18:00
The NBA team Miami Heat announced on Tuesday that they have acquired a partial stake in Misfits. Their agreement "calls for marketing, branding, merchandising and promotional partnership between the NBA team and e-sports organization". Misfits do not compete in Counter-Strike, but they do have players in League of Legends, Overwatch, and Super Smash Brothers, among others, and were originally formed out of the Renegades organization.

The Heat are the latest professional sports team to invest financially in an e-sports organization. Their announcement comes on the heels of Copenhagen F.C's acquisition of the ex-dignitas CS:GO roster. Last September, the Philadelphia 76ers became the first American professional sports team to own an e-sports organization when they bought dignitas and Apex. Retired NBA stars Rick Fox and Shaquille O'Neal are also owners of Echo Fox and NRG, respectfully. With global e-sports revenue in 2016 estimated at around 493 million USD and growing every year, expect the number of sports organizations and entities invested in the scene to multiply in 2017.

For more e-sports news and articles, follow me on Twitter: https://twitter.com/RagamuffinCS
okay thank you
2017-01-10 19:03:16
Well I never heard of Misfits
2017-01-10 19:04:47
Thats an Overwatch team I think
2017-01-10 20:40:32
That makes it even worse
2017-01-10 20:41:16
2017-01-10 20:41:24
I have Miami Heat sweater
2017-01-10 19:10:27
2017-01-10 19:11:25
I have some of the 12 ton dutch weed my man Gjermund Cappelen shipped to Norway.

Nobody cares man.
2017-01-10 19:13:07
2017-01-10 19:14:51
tyvm, only a couple grams lef tho. Time to spend money.
2017-01-10 19:18:25
I live above a coffeeshop actually.
2017-01-10 19:19:04
Nice, I used to get free weed everyday towards the end of my nightshifts but my buddy got jailed a week ago.
2017-01-10 19:25:31
Been a Heat fan since 06, surprised they got into the scene this early.
2017-01-10 19:22:12
2017-01-10 20:43:58
The guy who owns the Wizards and the Capitals invested in Liquid too, just to add to the list my dude.
2017-01-11 13:29:28

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