The organization Evil Geniuses intends to sell all of its esports assets by the end of 2023
The eSports organization Evil Geniuses from the USA is planning significant structural changes by the end of 2023, as reported by sources from the Sports Business Journal.
The club is currently actively engaged in selling off its remaining eSports teams. Evil Geniuses is open to either considering offers for individual teams or transferring them to buyers as a complete package. The ongoing negotiations by the organization's representatives remain outside the public eye.
Additionally, on November 20th, Evil Geniuses, along with Golden Guardians, departed from the LCS league in League of Legends. This led to a reduction in the tournament's participants from ten to eight. Tournament representatives expressed the opinion that this change would make the league more flexible and dynamic.
Evil Geniuses has been grappling with financial difficulties for an extended period. Over the past year, the organization has undergone three waves of layoffs. Currently, active eSports teams remain only in Valorant and CS2 games.
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