CEO of CLG: Interest from investors is “definitely hot”
“We’ve been holding out for a long time, but we’re looking for an effective partner.”
“Get Your Geek On” talk radio in San Antonio conducted an interview with Devin Nash, the Chief Executive Officer of Counter Logic Gaming on Thursday. The man behind the franchise spoke on a number of issues including the meteoric rise of eSports. One topic in particular that demonstrates the growth is the announcement that Events DC would be building a stadium that will be used to house eSports events.
“This is happening a lot faster than anyone thought,” he said. “Back in PAX South (January of 2017), I would have said that this is 7-10 years out, now I’m not even sure if it is 3-4 (years). With investors coming onto the scene, it’s all happening a lot faster.”
This naturally brought up the question as to whether or not any interest was expressed from investors into CLG. Major franchises such as the Miami Heat, Philadelphia 76ers, and the Golden State Warriors have put millions of dollars into respective eSports franchises. CLG, however, had not committed to any deal at this time.
“There is interest”, he said. When pressed for more details he said “If I hadn’t been under a stack of NDA’s, I would say more. There’s nothing official, but we are definitely considering a move like that.”
“Can you gauge the interest?” asked host David Gremillion. “Is your cell phone ringing right now (with offers) or is it once in a great while?”
“It’s hot” he replied without any hesitation. “It is definitely hot.”