“The current situation with FTX does not affect any part of TSM’s operating plan, which was set earlier this year. We forecast profitability this year, next year, and beyond,” the team tweeted today.

“TSM is a strong, profitable, and stable organization. Front Disc Rear Disc Calipers Transfer Case PB Pinion Brake PB Find many great new & used options and get the best deals for Harley Davidson TSM Turn Signal. Other FTX esports sponsorships include agreements with Brazilian team Furia and the Comcast-backed tournament organization, Nerd Street Gamers.ĭespite the size of the TSM deal, which is also the largest known esports sponsorship by a crypto organization, the team said that it will be fine without the exchange’s backing. įTX Spent Hundreds of Millions of Dollars on Sports Marketing on Road to BankruptcyįTX also signed a few other esports deals, including a seven-deal sponsorship of Riot Games’ League of Legends Championship Series (LCS), although terms were not disclosed. The $210 million sponsorship was the richest disclosed deal that FTX signed amid a flurry of sports sponsorships in 2021 and early 2022, including pacts with Major League Baseball, the NBA’s Miami Heat and Golden State Warriors, and F1 team Mercedes-AMG Petronas.

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