Michael Jordan invested in the parent company of Team Liquid.

On October 25th, aXiomatic, Team Liquid’s parent company, delivered the news that they secured major investments given by Michael Jordan, the living legend of the NBA and the owner of the Charlotte Hornets. Team Liquid also tweeted the news on their official account.

According to the news, Michael Jordan and Declaration Capital invested through Series C Funding in aXiomatic. Declaration Capital is a family office of David Rubenstein. The amount of the investment aXiomatic received is known to be approximately 26 million dollars.

Many sports figures have already entered the esports industry in the US. Rick Fox founded Echo Fox and Shaquille O’Neal invested in NRG esports in the past. There are many others like Ronaldo and Zlatan Ibrahimovic, who dominated the soccer scene throughout the whole world, and Stephen Curry, who is considered currently the best NBA star, also invested esports. Recently, Drake has also invested in 100 Thieves.