The team is in the process of finalizing a Series B investment of $15 million from many high-profile names, according to multiple media reports.
The news broke soon before their San Francisco Overwatch League roster reveal, shifting all eyes on the relatively young yet, exponentially growing esports organization.
NRG raising $15 million
The second financing round included:
- Professional recording artist and actress, Jennifer Lopez
- Former Major League Baseball player Alex Rodriguez
- Current NFL player Marshawn Lynch
- Former NFL player Michael Strahan
Investments from industry ‘Outsiders’ continue to pour in
Traditional athletes and sports franchises are becoming more frequent and common investors in esports.
NRG Esports boasts Series A investors such as NBA Hall of Famer Shaquille O’Neal, as well as Andy Miller and Mark Mastrov, who are both stakeholders of the NBA’s Sacramento Kings.
Collectively, NRG showcases leadership with experience from industry titans such as Apple, IBM, NBC and Twitch.
Now, it’s adding more backing from the sports and entertainment industries. As an ‘unconventional’ celebrity investor, Lopez’s stake in NRG headlined a majority of the news surrounding its announcement. However, it’s not clear why she decided to get involved with the esports organization.
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NRG Overwatch enlists firepower
This noteworthy roster includes:
- Daniel “dhaK” Paz
- Dante “Danteh” Cruz
- André “iddqd” Dahlström
- Andrej “babybay” Francisty
- Nikola “sleepy” Andrews
- David “nomy” Ramirez
NRG’s Overwatch roster also includes players Jay “sinatraa” Won and Matthew “super” DeLisi, despite their ineligibility to compete until after their 18th birthdays this spring.
The team includes eight elite players from former Immortals, LG Evil and Selfless Gaming rosters among others. The team will be overseen by the previous owner of Selfless, Brad Rajani, who will be acting as the team’s coach.
NRG Esports was one of the initial organizations to invest in Blizzard’s Overwatch League by paying the $20 million price tag to secure its San Francisco-based team in July. NRG is now one of twelve teams participating in the league’s inaugural season starting in January.