WebTeam SoloMid: Esports club Team SoloMid (TSM) inked FTX’s largest-disclosed deal in June 2024 at a whopping $210 million across 10 years.Dubbed TSM FTX, the team announced on November 16 that it has suspended its deal with the firm and will remove FTX branding from its jerseys, social media, and more. The esports industry is heavily reliant on sponsorship … WebNov 16, 2024 · FTX’s largest-disclosed sponsorship, a $210 million deal with TSM, is on pause after the exchange declared bankruptcy on Friday. Esports Giant TSM Suspends $210M FTX Naming Rights Deal - Decrypt Esports …
TSM esports org issues statement on sponsor FTX
WebJun 7, 2024 · TSM players featured on LCS or other professional League of Legends broadcasts or Valorant events will not be allowed to wear jerseys with the FTX logo … WebEarlier today, cryptocurrency exchange FTX announced an enormous 10-year, $210 million naming rights sponsorship for popular esports organization Team SoloMid (TSM), which competes in a wide array of video games. However, since the initial news broke, a new wrinkle has emerged that makes the deal less valuable than it seemed on the surface. flyers brampton ontario
TSM’s naming sponsor FTX now worth $18 billion …
WebJun 4, 2024 · Even though 2024 took its toll on the industry, esports have continuously grown over the past decade, and League of Legends team - Team SoloMid - just had a sponsorship deal that will only boost that narrative. TSM is now rivaling the biggest sports teams in the world. Towards the end of last year, TSM was named by Forbes as the most … WebNov 13, 2024 · TSM has released a statement after major naming rights sponsor FTX, who signed a $210 million deal with the esports organization last year, has filed for … WebJun 4, 2024 · TSM barred from using new FTX sponsor in name, jerseys on League of Legends, VALORANT broadcasts. Two of TSM's biggest teams are off the table for the … greenish blue wall decor