In a statement issued today via Echo Fox’s official Twitter account, the organization announced that it will no longer field a Call of Duty or Gears of War team. Additionally, they will be releasing players from the FGC and other titles.
Official statement regarding organizational realignment pic.twitter.com/ovuG02PEox
— Echo Fox (@echofoxgg) October 9, 2018
With the dumping of their Gears of War and Call of Duty squads, Echo Fox, the brainchild of former Laker Rick Fox, will now only field teams in League of Legends and some fighting games. Echo Fox shuttered its Counter-Strike: Global Offensive team in 2016 leaving it now with only one major esport.
Rumors abound as to why the realignment is taking place with the leading theory being that Vision Venture Partners, the private equity firm formed by Rick Fox, has run into liquid cash problems after funding Twin Galaxies and the embattled H1Z1 Pr League whose future could very well be in the balance.
According to Jason “ANTi” Bates, who was recently let go by Immortals, the Echo Fox FGC roster now looks like this:
Bates also took to Twitter and explained his perception of why the scene is changing, stating that FGC salaries have been inflated for some time and this was a market correction.
ANTi UNCUT : ECHOFOX DROPPING PLAYERS!? & THE FUTURE OF SPONSORS IN THE FGC!? pic.twitter.com/vYEZKo8Xiz
— …… (@ANTIWORLD666) October 9, 2018