Forbes recently unveiled a list of the 13 most valuable esports organizations for 2019, with some franchises more than doubling in worth since October last year. Below is the complete list.

#12 (tied) OverActive Media – US $120 million
Estimated revenue: US $5 million
Change from 2018: not ranked

OverActive Media owns a League of Legends esports team (Splyce) and also holds Toronto spots for both Overwatch (Toronto Defiant) and Call of Duty (Toronto Ultra).

#12 (tied) Misfits Gaming – US $120 million
Estimated revenue: US $8 million
Change from 2018: not ranked

Misfits Gaming, like OverActive Media, owns teams in the LoL European Championship (Misfits Gaming), the Overwatch League (Florida Mayhem) and the Call of Duty League (Florida Mutineers).

#11 NRG – US $150 million
Estimated revenue: US $20 million
Change from 2018: not ranked

The NRG franchise was best known for its CS:GO team, which the firm sold to Evil Geniuses in September this year. Now, NRG owns reigning OWL champions San Francisco Shock and the newly formed CoD team Chicago Huntsmen as well as rosters in Fortnite, Rocket League, Clash Royale, Apex Legends and Dragon Ball Fighterz.

#10 100 Thieves – US $160 million
Estimated revenue: US $10 million
Change from 2018: US $70 million

Owned by Matthew “Nadeshot” Haag, 100 Thieves made one of the biggest jumps from 2018, almost doubling in worth. The organization owns a LoL Championship Series roster and recently added a CS:GO team.

#9 G2 Esports – US $165 million
Estimated revenue: US $22 million
Change from 2018: US $60 million

The G2 Esports brand is best known as a powerhouse in League of Legends, with the firm’s LoL roster recently progressing to the Worlds 2019 grand finals. The organization also owns a successful CS:GO roster as well as teams in R6, PUBG, Apex Legends, Fortnite, Hearthstone and Sim Racing.

#8 Envy Gaming – US $170 million
Estimated revenue: US $8 million
Change from 2018: US $75 million

Envy Gaming holds Dallas spots in both Call of Duty esports (Dallas Empire) and the Overwatch League (Dallas Fuel). The company also owns teams in CS:GO, Fortnite, PUBG, Paladins and Super Smash Bros.

#7 Fnatic – US $175 million
Estimated revenue: US $16 million
Change from 2018: US $55 million

The Fnatic name is synonymous with the LEC, but it also features prominently in CS:GO, Dota2, Fortnite, R6, Apex Legends, Clash Royale, Rules of Survival and Street Fighter V. That portfolio is set to expand with Fnatic’s recent move into the Indian esports scene.

#6 Gen.G – US $185 million
Estimated revenue: US $9 million
Changed from 2018: US $75 million

Gen.G has a well-known LoL Champions Korea team as well as Overwatch roster Seoul Dynasty and a news NBA 2K team in Shanghai. The organization recently revealed plans to expand into the CS:GO esports scenes of North America and Europe.

#5 Immortals Gaming Club – US $210 million
Estimated revenue: US $ 11 million
Change from 2018: US $110 million

Immortals Gaming’s estimated value has increased by a whopping US $110 million over the last year. The organization is known for the Los Angeles Valiant in OWL, MiBR in CS:GO, the recently acquired OpTic Gaming teams in Call of Duty and League of Legends.

#4 FaZe Clan – US $ 240 million
Estimated revenue: US $35 million
Change from 2018: not ranked

Like 100 Thieves, FaZe Clan is a brand-heavy organization that is known for its CS:GO, Fortnite and Call of Duty teams. The firm also owns teams in PUBG, R6 and FIFA.

#3 Team Liquid – US $320 million
Estimated revenue: US $24 million
Change from 2018: US $120 million

Team Liquid’s vast reach encompasses all major esports game titles. The North American organization currently holds the number one spot in all-time esports earnings (US $33,933,182).

#1 (tied) Team SoloMid – US $400 million
Estimated revenue: US $35 million
Change from 2018: US $150 million

While the Team SoloMid brand is most often associated with League of Legends and Rainbow Six Siege, the company has teams in almost every other major esports title. A return to CS:GO is also on the cards.

#1 (tied) Cloud9 – US $400 million
Estimated revenue: US $29 million
Change from 2018: US $90 million

Cloud9’s LoL team is one of the major players in North America, while the firm’s inter-continental reach includes the Overwatch team London Spitfire. C9-owned teams compete in 11 different esports game titles.

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