XSET dropped its Apex Legends team and said it is putting a “strategic pause” on esports as it moves almost entirely away from competitive gaming.
XSET officially announced it dropped its ALGS roster on April 30. The organization’sformer playersrevealed they had been dropped hours before, and claimed XSET wasleaving Apex Legendsesports altogether.
Apex Legends was the last game where XSET fielded a competitive esports team, asmany of the other people signed to the brandas competitive gamers are content creators or co-owners of the company.
When contacted by Dexerto, XSET said it is pausing its esports efforts but will still be involved with competitive Fortnite in some way.
“It’s no secret that the esports industry faces financial challenges, and while we believe these will eventually be resolved, XSET has chosen to take a strategic pause from competitive esports. While we have always fielded competitive teams, esports has never been the core mission of XSET.
“Instead, we are doubling down on strengthening our gaming lifestyle focus… We may re-enter esports at some point, but we don’t have any current plans to do so soon. The only area we will touch competitive gaming is in Fortnite, and we plan major growth there, so stay tuned for some big things coming,” XSET co-founder and CEO Greg Selkoe said in an email.
“If you have 15 esports teams it costs a lot of damn money,” he said at the time.
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The organization is one of many who have pulled back their investment in esports as theindustry faces negative economic headwinds.
Declan McLaughlin was a Gaming & Esports Writer on Dexerto’s US team, specializing in Valorant and League of Legends. He has bylines at Upcomer and Inven Global.
