Team Liquid sells controlling interest to Golden State Warriors co-owner

Team Liquid's logo shines bright at the Mandalay Bay Events Center in Las Vegas. Provided by Riot Games

Multi-esport organization Team Liquid announced Tuesday the sale of its teams' controlling interest to Golden State Warriors co-owner Peter Guber and entrepreneur Ted Leonsis. The investing co-ownership group includes basketball Hall of Famer Magic Johnson, AOL co-founder Steve Case and more.

Guber also co-owns the Los Angeles Dodgers and Los Angeles FC, and he stated that his resources and years of experience are the "key to [Liquid's] future success."

Leonsis, the founder of Monumental Sports & Entertainment, which owns the Washington Capitals and Washington Wizards, said that Liquid "has the potential to create all new experiences for audiences" around the world.

"Steve and I are both on long-term agreements as co-CEOs of the company. In a way, our involvement in leading Liquid is even more assured now than when we were sole owners," said Victor "Nazgul" Goossens, co-CEO of Team Liquid.

Team Liquid is a multi-esport organization with established teams in games such as League of Legends, Dota 2, Hearthstone, Counter-Strike: Global Offensive, Overwatch and Heroes of the Storm. This is the second major North American esports investment in as many days. On Monday, the Philadelphia 76ers announced the purchase of Team Dignitas and Apex.