Former Los Angeles Laker Rick Fox, along with business partner Amit Raizada, got in early on Esports for $1 million. Given the growth and sponsorship potential for Esports, Echo Fox is now likely worth several times that amount.

On the YES Network’s current Forbes SportsMoney show, the three-time NBA champion tells me (below) how he became interested in Esports and what the formation of the North American League of Legends Champions Series and Overwatch League could mean for team valuations.

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How Rick Fox Went From NBA Champ To Esports Team Owner