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You have to be in it for the long haul, and if you are, there’s opportunity for tremendous success. “If this deal happens, and I think it will, then it very well could be a tentpole moment with regards to team deals,” said Chaney. Andrew is a freelance journalist and editor who has covered the videogame and technology spaces since 2006, with an increasing focus on esports since 2016. Find out more about our event partners here. From the start, however, these divisions were intended to eventually be spun off into companies that could serve the wider industry. Esports Insider is an events and media company, as well as a daily source of esports business news and opinion. “We were founding and incubating companies that would initially serve our internal needs, functioning as quasi-departments, but then over time scale across the industry and build on the success that they had within Infinite,” said Chaney. Close. I wanted us to be at the pinnacle of the space, and to me that meant having a leading organization like OpTic, having a franchise in the, League, and having a franchise in the LCS.”. It took us a while and some detours to ultimately get a deal done, but I knew early on that OpTic could be that linchpin in this platform that we were building. Chaney is no longer involved in day-to-day operations at the company, but remains a co-owner. [MISC] Chris Chaney on founding Infinite eSports, securing OWL/LCS spots, and the state of the company. He is based out of Chicago. In which a team if found guilty of this would face disbarment from the tournament and forfeit all winnings. I hope we can see this more in the field , as we see more cases about success stories and struggles, to serve as inspiration to show people you don’t need to hide in the shadows.“, As the age of entering an esports team went down from 18 years old to 16 years old the burden of responsibility and stress load on kids even in the mobile field of eSports , increased. He planned to include an esports team in that, but it would only be part of a much broader focus on building up infrastructure companies and investing across the space. I am exceptionally happy with the people I worked with and the vibes I got from everyone.”. ESI: What’s the key to finding the right project to invest in the esports space? Now, there may be further change on the horizon: majority owner Texas Esports is reportedly looking to sell its stake in Infinite Esports & Entertainment, according to an ESPN report from January. During the duration where Chris was the president of infinite esports and entertainment group he lead the acquisition of eSports powerhouse OpTic Gaming , the acquisition value at just shy of 200,000,000 usd. Chris Chaney’s leadership experience is underlined by a 10-year track record of success in the global sports and entertainment industry. Chris Chaney is the founder of Infinite Esports and Entertainment , we sat down with him in an interview for this article and blog post! A native of Germany, Chaney is an award‐winning serial founder, including being recognized in the Forbes 30 Under 30 list, and is an active esports and entertainment advisor and investor. 9 months ago. This encourages the average player to be creative to achieve their dreams.”. John Spiher was the former head of business development for DXR racing chairs / gaming chairs and Counter logic gaming now working with dignatus as head of global partnerships. Chaney originally came into the industry as an esports neophyte, but he had built up experience as an investor and advisor for various non-traditional sports and entertainment verticals, including action sports, rugby, mixed martial arts, and even obstacle-course racing. Founded in 2017, Infinite Esports & Entertainment quickly became a significant force in the esports industry, acquiring established organization OpTic Gaming while also securing franchise spots in the Overwatch League (Houston Outlaws ) and League of Legends Championship Series (LCS). ESI: What do you think about investors in esports expecting a short-term return on investment? A native of Germany, Chris is an award-winning serial entrepreneur, including being recognized in the Forbes 30 Under 30 list. As a former associate of global marketing at the National Basketball Association, and founder of the Ivy Sports Symposium and Chaney Sports Group, his portfolio ranges from blue chip companies to ambitious start-ups. Chris chaney described his influence in the… Chris Chaney. Although I am not involved as much in the day to day running I am still a key factor in the organization over all the experience has been great and the transition smooth thus far.”, When we questioned him on the ability for rise above disorder to be a global force and help source in the esports field internationally and expanding beyond the california roots he replied “RAD has the ability to be a global force, mental health is a global issue and therefore having strategic partners in many parts of the country and across the world . A lot of it comes down to networking and getting to know the space and the people in it, and then determining whether there are opportunities that work for you, your strategy, and your thesis. Chris Chaney’s leadership experience is underlined by a 10-year track record of success in the global sports and entertainment industry. “When I came across esports in early 2016, it was simply seeing the headlines—just simply put, the headlines about esports and growth,” he said. The company established separate arms for events management and production, sponsorship sales, player and coach development, content production, player performance, and apparel and merchandising. Throughout his leadership as president of Infinite Esports and Entertainment group Chris described his triumphs and sorrows in esports as “Esports is such a fast moving industry that in itself is a challenge , new games introduced new sponsors, and new league, of course player management and then flight coordination , the biggest triumphs we had , we had some of the best people in esports ; the biggest triumphs was the people ultimately. A lot of it comes down to networking and getting to know the space and the people in it, and then determining whether there are opportunities that work for you, your strategy, and your thesis. “It’s hard for me to judge. To me, it comes down to people and opportunity, but you have to find the right team that you can support and back. Companies are great; companies are companies. American Express “We made mistakes last year, which I would’ve expected running multiple startups at the same time,” he said. The number of mobile players and the internet speeds will allow more easy access for people to play more easier online. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Posted by. I would encourage everyone to look at the industry as a long-term commitment where you double-down on opportunities. It was going to take several years for us to execute on this vision, but I passionately felt that we were building something that was meant to last over time. According to ESPN, majority owner Texas Esports is reportedly preparing to sell its stake in the company. Change ), You are commenting using your Twitter account. He currently serves, among others, as director at Infinite esports & Entertainment, a leading esports media and entertainment platform he founded. Infinite Esports & Entertainment could soon see some different people in the mix. The grass roots sector of esports has the similar feel to actual sports with regards to some odd points like lack of structure and infrastructure. He later determined that esports was the correct move to make. Chaney originally came into the industry as an esports neophyte, but he had built up experience as an investor and advisor for various non-traditional sports and entertainment verticals, including action sports, rugby, mixed martial arts, and even obstacle-course racing. “Unfortunately, sometimes in business, between entrepreneur, investors, and board of directors and so forth, you don’t always agree on direction of the company,” he said. Chris Chaney’s experience is underpinned by 10 years of success in the global sports and entertainment industry. OpTic gaming known for its deep call of duty roots and securing both OWL “Overwatch World League” and LCS “League of Legends Championship Series” Spots valued at 30,000,000 usd-80,000,000 usd each at current market value. 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