By the End of December 2021 Team Liquid has won over 38 million dollars in 2114 tournaments it has taken part of. IT is currently listed at 3rd most valuable esports organisation in the world.
Value: $310 million
1-Year Change: -3%
Estimated Revenue: $28 million
Revenue From Esports: 89%
Franchise Teams: LCS – Team Liquid
Non-Franchise Teams: CS:GO, Dota 2, Fortnite, Hearthstone, PUBG, Rainbow 6, Super Smash Bros, StarCraft II, Valorant
Owner: aXiomatic Gaming, Victor Goossens, Steve Arhancet
- Became the first North American team to reach a CS:GO Major grand final at ESL One: Cologne 2016.
- Previously won the most prize money from one big event with a stand-in. The event being ESL One: Cologne 2016 with s1mple standing in. The record was beaten by SK Gaming after winning EPICENTER 2017 using Ricardo “boltz” Prass as a stand-in, winning $100,000 more than Team Liquid.
- Had the second-longest LAN Bo3/Bo5 win streak at 22 series won, which began in DreamHack Masters Dallas 2019 and ended in the quarterfinals of StarLadder Berlin Major 2019. 
- Completed the Intel Grand Slam in a record-breaking 63 days by consecutively winning IEM Sydney 2019, Dreamhack Masters Dallas 2019, ESL Pro League Season 9 Finals, and ESL One Cologne 2019.
League of Legends
Team Liquid acquired their League of Legends roster in January 2015 upon merging with Team Curse (not to be confused with the team’s former title sponsor Curse Gaming). They inherited Team Curse’s spot in the LCS, and their starting roster going into the 2015 season included Quas, IWillDominate, FeniX, Piglet, and Xpecial. At the same time as this merger was announced, Team Liquid launched the site liquidlegends.net, a hub for all of their League of Legends content.
At the start of the season, Piglet was unable to play in the NA LCS Spring Split due to visa issues, and so Team Liquid Academy AD carry KEITHMCBRIEF started in his place for the first week. The team went 2-0. Piglet then returned for weeks 2, 3, and 4, but after poor performances and a 1-5 record, KEITHMCBRIEF (now Keith) was returned to the starting lineup. During this time, to accommodate Keith’s high-school schedule, Liquid scrimmed with Piglet in the mornings and then with Keith in the afternoons. The team went 3-1 in weeks 5 and 6, and Piglet was returned for week 7; he stayed on the starting roster through the rest of the split. The team qualified for playoffs with the sixth seed after defeating Team 8 in a tiebreaker game. There, they beat CLG 3-0 in the quarterfinals before falling to Cloud9 3-2 in the semifinals; in the third-place match, Liquid finally broke the “fourth-place curse” that stopped them from placing higher than fourth place in any event that had persisted since they were Team Curse and took down Team Impulse 3-2.
Team Liquid stuck with the same five-man roster for the entirety of the summer split, and they finished the round robin in first place after winning a tiebreaker match over Counter Logic Gaming – the first team other than TSM or Cloud9 to place first in an NA LCS round robin. However, in the playoffs, they lost immediately in the semifinals to TSM, making them also the first team to finish first in an NA LCS round robin but not make the playoff finals. A CLG victory over TSM in the playoff finals sent Team Liquid to the regional finals instead of giving them a direct seed to Worlds via Championship Points, and in the gauntlet they lost to underdogs Cloud9, ending their post-season abruptly.
Following a rumor that Piglet was to leave the team published in late September 2015, Team Liquid announced that they were actually extending his contract. The next day, Xpecial revealed that it was he who was leaving the team, not Piglet, and in October the team announced Smoothie as their new starting support player. Soon after, Xpecial’s departure was officially announced as well.
In late December, Team Liquid announced their plans for a 10-man-roster and heavily revamped their coaching staff with Locodoco as new head coach and new support staff. In January, Liquid announced the addition of Lourlo to fill the gap left by Quas and added zig, Dardoch, Youngbin, fabbbyyy and Matt as active subs from their Challenger team Team Liquid Academy. What “active subs” turned out to mean was a permanent roster shuffle, in which Dardoch and Matt joined the LCS team after the first game of the split. IWDominate retired, and Smoothie moved to the Academy team.
Liquid’s spring split started out rocky, with an 0-2 first week and cumulative winrates of 50% or worse after each of the first eight weeks. Eventually, their new roster started to solidify, and they climbed into a fourth-place regular-season finish, behind the newly-formed and almost-undefeated Immortals, CLG, and Cloud9. A lot of their success was attributed to Dardoch’s jungling, and he was named Rookie of the Split. Team Liquid’s quarterfinal series was an easy 3-0 over NRG, but in the semifinals, they lost a narrow five-game series to CLG (the eventual champions). In the fifth game, Piglet was caught out in mid lane by a double-teleport from both Darshan and Huhi at the same time to the same ward and died. While Liquid were already behind in that game, it was this play that sealed the win for their opponents. In the third-place series against the tournament-favorite Immortals who had been knocked down in an upset by TSM, Liquid lost once again, this time 0-3, to finish the playoffs in fourth place overall and continuing their “fourth-place curse.”
Despite Dardoch’s stellar spring split performance, on May 27, he was suspended by the team for “behavioral problems and team dynamics issues” ahead of the Summer Split. Liquid Academy jungler Moon was used for the team’s first series instead, which they lost, and by the end of the week Dardoch was starting again, where he remained through the end of the Playoffs. Soon after Dardoch’s return, fabbbyyy was also traded to the main Team Liquid roster, this time in exchange for Piglet. This roster of Lourlo, Dardoch, FeniX, fabbbyyy, and Matt stabilized, and the team finished in fifth place with a 9-9 series record. In the playoffs, they shook up their roster once again, substituting in Jynthe for their third game against CLG after two losses. Jynthe won his first game, but Team Liquid ultimately lost the series 3-1 and then also lost in the first round of the Regional Finals to Team EnVyUs, this time with both Jynthe at AD carry and former substitute mid laner Arcsecond jungling.
In the offseason, Liquid made a big splash by signing former Immortals star jungler Reignover to replace Dardoch. The team also sold their Challenger Series slot to eUnited, and added former Liquid Academy players Goldenglue and Piglet to the starting roster, joining Reignover and Summer holdovers Lourlo and Matt. After a middling 2-4 start to the Spring Split, Liquid nosedived in weeks 3 and 4, losing all four series to fall into a tie for last place. With the organization seeing Goldenglue as a weak point on the team, tryouts were announced for a new mid laner during the break week. However, the team eventually elected to move ADC Piglet to mid and to add former sub Youngbin as their new ADC. After a 1-1 week 5, the team made yet another move, acquiring former TSM star ADC Doublelift, who had been taking a split off, on loan from TSM, as well as veteran support Adrian. While Adrian would only play a few games, Doublelift would start the remainder of the season for Liquid. The team even added a new head coach for the final week, picking up former NaJin Black Sword player Cain. However, these moves failed to deliver the radical results hoped for and Liquid went 2-4 over the last three weeks to finish 9th, sending them to the promotion tournament.
In the promotion tournament, Liquid beat eUnited 3-1 after dropping the first game, moving them into the winner’s bracket. There, they faced NACS champions Gold Coin United. Liquid went up 2-0 in the series, only to drop the next two games to GCU. However, Liquid defeated GCU in a dominant 5th game, retaining their LCS spot.
In the midseason, Doublelift returned to TSM. The team then announced that Piglet would swap back to ADC and that Goldenglue would return from bootcamping in Korea to start in mid lane. This meant that the team would start the same five that they had to begin the spring, despite the underwhelming results. However, this lineup would not last long, as after a losing to CLG to open the Summer Split, Goldenglue was subbed out for former Phoenix1 mid laner Slooshi. Liquid lost that series as well, and Goldenglue returned and held the starting position until week 4, in which he was once again subbed out for Slooshi and veteran support KonKwon was subbed in for Matt. The team also began to sub in Inori, acquired from Phoenix1, for Reignover. None of these changes led to any lasting sucess, and Liquid finished the first 7 weeks with a 4-10 record. Before week 8, the team announced that Dardoch, who had left CLG due to conflicts with his teammates, would return to the team he had started with, and that they had also acquired ROX Tigers mid laner Mickey. Despite the high profile acquisitions, Liquid proceeded to lose all four of their final games, sending them to the promotion tournament for the second time in 2017, the worst year in the history of the Liquid organization.
With both Mickey and Dardoch starting, Liquid requalified for the LCS with a 3-0 stomp of eUnited, followed by coming back after falling to a 2-0 deficit against Phoenix1 to take the series.
After they were accepted into the LCS’s new franchising system in 2018, Team Liquid announced that they were releasing all of their players and coaching staff. The new starting roster consisted of former Immortals players Xmithie, Pobelter, and Olleh, shortly followed by Cloud9‘s Impact and the return of Doublelift. Cain remained as head coach for Liquid, and the team also acquired former Immortals coach Dodo as assistant coach. Expectations were high, as the new Team Liquid roster looked incredibly strong with five high-profile veterans joining forces.
Liquid had a strong start to the 2018 Spring Split, finishing Week 2 with a record of 4-0 including resounding victories over rivals TSM and 100 Thieves. However, the team started to falter after losses in Week 3 to the underperforming FlyQuest and last-place Golden Guardians. The team would continue to play inconsistently throughout most of the split, with criticism directed to the apparent lack of synergy between Doublelift and Olleh. The team finally displayed a resurgence of strength with a 2-0 record in Week 9. The victories entered Team Liquid into a tiebreaker between four teams to determine playoff seeding, in which Liquid acquired the fourth seed. The fourth-place curse was finally broken as the team looked completely dominant in playoffs. Liquid defeated Cloud9 in the quarterfinals, Echo Fox in the semifinals, and the first-place 100 Thieves in the grand final. This would give Liquid their first LCS title, and allow them to be North America’s representative at the 2018 Mid-Season Invitational.
At MSI, Liquid was seeded directly into the Group Stage. They began the event in uninspiring fashion, losing their first four games, the only team to fail to record a win in the first two days. Olleh also removed himself in favor of substitute support Joey after day 1, citing a lack of confidence in his own play, though he would return for the second game on Day 2 and play out the rest of the event. However, Liquid finally managed to break their slump with a Day 3 win over eventual tournament winners Royal Never Give Up, then won three of their five final matches, which coupled with a slump by Europe’s Fnatic, put the two Western teams in a tie for the final playoff spot at the conclusion of the group stage. Liquid’s luck would fail them there though, as they lost, continuing North America’s record of futility in international tournament tierbreakers.
Team Liquid was placed in Group C for the Worlds 2018 Main Event, along with Korea’s KT Rolster, Taiwan’s MAD Team, and China’s EDward Gaming. In the tournament, Liquid performed poorly, winning only against MAD in the first round robin. Though Liquid displayed improvement in the second round robin, beating EDG, they finished with a 3-3 record, which was not enough to secure the team a place in the knockout stage.
Following their Worlds performance, the team looked to revamp some positions within the team in the hopes that they would achieve international success. The team replaced Pobelter with Cloud9‘s Jensen, and Olleh with former World Champion and former GenG support CoreJJ.
TL dominated the first half of the 2019 spring split with help from strong performances by the bot lane of Doublelift and CoreJJ and lost just one game, against TSM, in the first six weeks. TL struggled in the final three weeks and went 3-3 with losses to Flyquest, Echo Fox and Team SoloMid to finish 14-4. Cloud9 also finished the season with a 14-4 record but lost both regular-season games against Liquid to give TL the regular-season title.
Liquid avenged its loss to Flyquest by sweeping them in the spring playoff semifinals while SoloMid advanced in a close 3-2 series against Cloud9. Team SoloMid picked up where it left off in the regular season and won the first two games of the finals. TL fought back and reverse swept TSM to win its third straight LCS championship and a berth to the 2019 Mid-Season Invitational.
At the MSI Play-in round, TL swept the Phong Vũ Buffalo to advance to the main event where Liquid had a strong start to the tournament with a 2-0 record. Liquid then dropped five of its next six games to fall to 3-5 and sat in fourth place just one game ahead of the Flash Wolves. One win on the final day would secure TL at least a tiebreaker with the Wolves and two would have guaranteed a spot in the playoffs. Both teams lost their first games of the day, which put their fates in Team Liquid’s hands. TL defeated G2 to secure the fourth spot in the playoffs and send the Wolves home.
Invictus Gaming won the group stage with a 9-1 record and elected to play Team Liquid in the first round of the playoffs. It was the first time that Doublelift had made it out of the group stage of an international tournament in the LCS era. TL won the first two games of the series despite falling behind in both matches before iG took the third game to prevent a sweep. In the fourth game of the series, Liquid took a commanding lead early and did not let go of control as the North American champions upset the LPL favorites 3-1 to advance to the finals. CoreJJ and Xmithie provided strong initiation and team fighting throughout the series and the former won series MVP. In the finals of the 2019 Mid-Season Invitational, Team Liquid was matched up against G2 Esports. Most people predicted a close final, but G2 had other ideas. Team Liquid fell to G2 Esports 3-0 in the fastest international best-of-five series in League of Legends history, finishing as runners up.
In the 2019 Summer Split, the team was burnt out from their run at MSI and started off at the end of Week 2 of the LCS with a tie for 4th Place at a 2-2 record. However, Team Liquid later picked up their game, becoming sole possessor of 1st place by the end of week 4.
At Rift Rivals, Liquid proved themselves to be the strongest NA team out of a pool of TL, TSM, and C9 against the LEC teams that comprised of Origen, G2 Esports and Fnatic. Although losing to Fnatic, they were able to beat Origen and take their revenge against G2 Esports, beating them in both encounters during the tournament and although Europe proved that they were the better overall region, Liquid proved themselves as the strongest NA team and showed themselves as a force to be reckoned with. With their return to the LCS Regular Season, they cemented themselves far and beyond any other NA team, making LCS Summer Playoffs by the end of Week 7 and receiving the first-place playoff bye with a 14-4 record, beating Cloud9’s record of 12-6 which secured them the second-place bye.
The Playoffs proved tougher for Team Liquid, with Clutch Gaming presenting themselves as a contender in NA, however, it was not enough to take down the NA powerhouse of TL as Clutch Gaming suffered a loss of 3-2 in the semifinals, while Cloud9 had an easier series, winning 3-1 against Counter Logic Gaming. With these semifinal results, both Team Liquid and Cloud9 secured their spots at Worlds, with the final to determine which team receives the 1st and 2nd seed. The finals match was another very close series, with Liquid winning their 1st match, however, Cloud9 fought back valiantly and took the next 2 games against TL. With TL at risk of losing the 4-peat, they managed to pull it back and take games 4 and 5, ending the very close series 3-2, with Liquid taking over TSM as the greatest ever team that North America has ever seen, winning 4 LCS titles in a row and taking the 1st seed for North America at Worlds 2019.
After their short 3-3 group stage run at worlds in 2019, Team Liquid decided to part ways with long-time NA Jungler, Xmithie. They then signed the former Jungler from Fnatic, “Broxah” (Mads Brock-Pedersen). Alongside Broxah, they brought back Pobelter, this time as a topside positional coach.
Team Liquid would come into The International 2017 as one of the favorites. For the Group Stage, they would be seeded into Group A alongside other such favorites as Evil Geniuses, LGD Gaming, and Team Secret amongst others. After a strong start to the Group Stage, Liquid found themselves in a neck-and-neck race with LGD Gaming for the top seed of their group, which Team Liquid finally were able to secure with an overall score of 13-3. This meant that they would be allowed to pick their opponent in the Upper Bracket of the Main Event from the 3rd and 4th placed teams from Group B: Virtus.pro or Invictus Gaming. Unwilling to face the aggressive Russian squad, Team Liquid chose iG as their first opponent.
However, the first series of the main event did not go as planned and Team Liquid dropped down to the Lower Bracket after losing 1-2 to iG. To make it to the Grand Finals, they would have to make a run similar to Digital Chaos‘s run at The International 2016. Their first opponent in the Lower Bracket would be Team Secret, to whom they lost the first game of the series. Team Liquid found themselves one game away from elimination, but not for the last time at this event. Beating out the surprise contender Team Empire, fellow favorites Virtus.pro and LGD Gaming, Team Liquid managed to reach the Lower Bracket final, where they faced another surprise contender in LGD.Forever Young. LFY had managed to nearly sweep Group B, after only dropping two games and hadn’t dropped a game on the main stage until the Upper Bracket Final against Newbee. LFY quickly proved themselves a formidable opponent and after the first game of the Lower Bracket final, Team Liquid found themselves once again with their backs against the wall. However, they prevailed yet again and turned the series around on the back of MinD_ContRoL‘s Nature’s Prophet. Team Liquid had reached the Grand Final, where Newbee waited. Team Liquid had never dropped a series to Newbee and this time would be no different: Liquid swept the series 3-0 in dominant fashion, claiming their first Dota Major Championship and becoming the seventh winner of The International and over 10 million USD in prize money.
This would be the first time that a TI Grand Final would end in a 3-0 sweep as well as the first time a team made up of 5 different nationalities would win the Aegis. Newbee’s Faith, who was part of the Invictus Gaming roster that won The International 2012, was also denied his second TI win. Liquid’s victory also continued the tradition of the TI winner alternating between Chinese and Western teams.