Andy “Reginald” Dinh, the CEO of TSM has commented via Twitter on the latest rumors surrounding the organization, stating that TSM is looking to get back into Counter-Strike. Previously, there were rumors that TSM will step back in several titles.
“We plan to get into CS:GO sometime later this year, which is a bigger investment than all the games combined that we’ve left,” he said. “TSM is always evaluating which Esports ecosystems are best to invest in and will continue to enter and exit games.”
Rumors of TSM’s disintegration
In October 2022, the organization had stated that they were looking to build a lineup based in Europe and had already “begun discussions with ESL and BLAST about how TSM can succeed in Europe through long-term partnerships.”
TSM is committed to esports
We’re planning to enter CS:GO sometime later this year which is a larger investment than all of the games we’ve left combined
TSM is always evaluating what esports ecosystems are best to invest in and will continue to enter & exit games
— TSM Reginald (@TSMReginald) April 1, 2023
Recently, there have been plenty of reports and rumors that TSM may be stepping down in some titles. Kevin Hitt of Esports Business Journal had reported that TSM “will pause most of its Esports efforts in several titles,” including League of Legends. According to his sources, the company might sell the LCS franchise slot and focus more on the Blitz app, which helps players in VALORANT, League of Legends and other games. However, TSM apparently sees it differently and has confirmed that they want to be active in CS:GO.
Big setback after FTX bankruptcy
The North American organization suffered a major setback last year when cryptocurrency exchange FTX collapsed after the two parties signed a naming rights deal worth $210 million the year before. TSM dabbled in damage control immediately after, stating via social media that it was “stable and profitable” and looking forward to “a great 2023.”
TSM already pulled its Rainbow Six: Siege team from the shooter league in February, arguably because it was struggling financially. Former COO, Walter Wang, who had been with the company since 2017 and had worked his way up to 2021, also recently resigned and left TSM.
TSM and its adventures in CS:GO
TSM’s last foray into Counter-Strike was more than six years ago, when the organization had a North American team with players like Russel “Twistzz” Van Dulken and Sean “seang@res” Gares.
Following rumors of TSM possibly getting rid of several rosters, Reginald has said the Org is still committed to esports
And re-affirms that TSM will be entering CSGO again at some point this year 👀 pic.twitter.com/nUS0xW2jLT
— Jake Lucky (@JakeSucky) April 1, 2023
Prior to that, TSM had an all-Danish team consisting primarily of familiar names like Peter “dupreeh” Rasmussen, Finn “karrigan” Andersen and Nicolai “device” Reedtz, who enjoyed great success together.
Several players from these lineups eventually left the organization under controversial circumstances. The Danes parted ways with TSM after it was reported at the time that the “relationship between TSM and the players had broken down, especially after the firing of team manager Frederik Byskov.” The North American