Esports looks like pure competition on screen, but the business behind it runs on ownership...

Esports still gets checks in February 2026, but the easy-growth story is over. Team valuations ...

Esports sponsorship looks exciting on a deck, right up until the CFO asks, "What did we get back?" I

Wall Street bought the esports story like it was the next NFL or NBA, then paid peak prices in 2018

Headlines can make esports franchise values sound like they're on the same track as the NBA or NFL.