What Is 100 Thieves, LLC

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Last updated: April 12, 2026

Quick Answer: 100 Thieves, LLC is an American esports organization and lifestyle brand founded in 2017 by Matthew 'Nadeshot' Haag and based in Los Angeles, California. The organization operates competitive teams across multiple esports titles including Valorant, League of Legends, Call of Duty, Counter-Strike 2, and Marvel Rivals, while also producing premium streetwear merchandise. Major investors include Cleveland Cavaliers owner Dan Gilbert and Canadian rapper Drake, who acquired an ownership stake in 2018.

Key Facts

Overview

100 Thieves, LLC is a premier American esports organization and lifestyle brand headquartered in Los Angeles, California. Founded in 2017 by Matthew 'Nadeshot' Haag, a legendary Call of Duty professional player and former captain of OpTic Gaming, the organization has grown into one of the most recognizable brands in competitive gaming. The company operates at the intersection of competitive esports, entertainment, content creation, and premium streetwear apparel, creating a unique ecosystem that extends beyond traditional gaming boundaries.

100 Thieves established itself as a comprehensive lifestyle and gaming powerhouse through strategic investments and brand partnerships. In November 2017, the organization received a multimillion-dollar investment from Dan Gilbert, owner of the Cleveland Cavaliers NBA franchise and Quicken Loans, which enabled rapid expansion into multiple esports divisions. The organization's profile elevated significantly in 2018 when Canadian rapper and entrepreneur Drake acquired an ownership stake, bringing mainstream celebrity status and widespread media attention to 100 Thieves and legitimizing esports as a cultural phenomenon beyond the gaming community.

How It Works

100 Thieves operates as a diversified esports and entertainment holding company with multiple revenue streams and operational divisions. The organization functions through several interconnected business units that work synergistically to build brand value and competitive success.

Key Details

AspectDetailsYear/Status
FoundingOrganization established by Matthew 'Nadeshot' Haag as esports and lifestyle brand2017
Major InvestmentMultimillion-dollar funding from Cleveland Cavaliers owner Dan Gilbert and Quicken LoansNovember 2017
Celebrity OwnershipDrake, Canadian rapper and entrepreneur, acquires ownership stake2018
Counter-Strike ReturnRe-enters Counter-Strike competitive scene with dev1ce acquisitionNovember 2025 - 2026
LeadershipMatthew Haag remains involved but is no longer serving as CEOSeptember 2025

100 Thieves has established itself as a forward-thinking organization that adapts to shifting competitive landscapes. The organization strategically re-entered the Counter-Strike 2 esports scene in November 2025 after a five-year absence, marking a significant expansion of its competitive portfolio. This decision reflected the organization's commitment to dominating major esports titles and maximizing market opportunities in the global competitive gaming industry, which generates billions of dollars annually in sponsorships, media rights, and merchandise sales.

Why It Matters

100 Thieves represents the modern intersection of professional sports, entertainment, and digital culture. By combining competitive excellence, celebrity involvement, premium branding, and diversified revenue streams, the organization has established itself as a template for how esports organizations can achieve profitability, mainstream recognition, and cultural relevance. As esports continues to grow into a multi-billion-dollar industry with increasingly sophisticated audiences and corporate sponsors, 100 Thieves' strategic positioning ensures its continued influence in shaping competitive gaming's future landscape and defining what successful modern esports organizations look like in the 2020s and beyond.

Sources

  1. 100 Thieves - WikipediaCC-BY-SA-4.0
  2. 100 Thieves Official - About UsAll Rights Reserved
  3. Matthew Haag (Nadeshot) - CrunchbaseCC-BY-4.0

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