It’s wanting like the start of the tip of FaZe Clan went down on Christmas.
A number of key members of FaZe Clan introduced they have been leaving the as soon as extraordinarily in style Esports group on Christmas Day, signaling it could possibly be a wrap.
5 members chucked the Esports and content material creation model on Thursday, Dec. 25, just about leaving the six-person Esports aggressive group in limbo.
No clear reasoning has been given as to why the members left, however FaZe Clan co-founder Richard Bengston, aka FaZe Banks, advised his followers on X, previously Twitter, that he would deal with the “mass exodus” throughout a Twitch livestream on Dec.26.
In keeping with streamer/hater Adin Ross, the gamers left FaZe Clan as a result of they have been requested to signal a 20% lower deal.
As for the 5 members who left, 27-year-old Alexander Prynkiewicz, popularly often called FaZe Adapt, posted, “Left FaZeClan” on X.
“14 years. Over half of my life. I’d be mendacity if I stated this didn’t damage, however it needed to be achieved. Thanks to everybody who’s been part of this journey, the most effective is but to come back,” the publish continued.
The “mass exodus” does appear very coordinated with different members, Jason Nguyen (JasonTheWeen), Nick Fosco (LacyHimself), Jerry Woo (SilkySzn), and Steady Ronaldo, additionally writing on X, “Left FazeClan” on Christmas Day.
Josh Maynard, aka YourRage, is the one remaining member of the six-person group.
The Fall of FaZe Clan
Concerning FaZe Clan’s demise, the writing has been on the wall. The model that after boasted movie star members like Bronny James and Lil Yachty. Snoop Dogg and Ben Simmons have been additionally buyers.
Snoop bounced after reportedly shedding hundreds of thousands following his funding within the group.
In 2023, CEO Lee Trink was given the boot after shares plummeted almost 99% the next yr.
The corporate was then acquired by the gaming analytics and Esports model firm Gamesquare for $17 million, a steep drop from Faze’s $725-million valuation on the time of its particular objective acquisition firm (SPAC) merger in July of 2022.
Social media has been reacting to the information, spoiler alert, they don’t appear to be upset in regards to the information in any respect.
You possibly can see these reactions beneath.