What Is 100 Thieves, LLC
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Last updated: April 12, 2026
Key Facts
- Founded in 2017 by Matthew 'Nadeshot' Haag, former Call of Duty professional and OpTic Gaming captain
- Received multimillion-dollar investment from Cleveland Cavaliers owner Dan Gilbert in November 2017
- Drake acquired ownership stake in 100 Thieves in 2018, elevating the brand's mainstream visibility
- Operates esports teams across 6+ competitive titles including Valorant, League of Legends, and Counter-Strike 2
- Expanded into Counter-Strike 2 in November 2025 with dev1ce joining the roster in 2026, marking return since 2020
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.
- Competitive Esports Teams: 100 Thieves maintains rosters across multiple competitive gaming titles, including Valorant, League of Legends, Call of Duty, Counter-Strike 2, Rainbow Six Siege, and Marvel Rivals. Each team competes in professional leagues, tournaments, and championships, generating sponsorship revenue, media rights deals, and brand exposure through competitive performance and viewership.
- Content Creation and Streaming: The organization produces and distributes gaming content across platforms including Twitch, YouTube, and social media channels. Professional players, streamers, and content creators under the 100 Thieves banner generate millions of viewers and followers, creating additional revenue through sponsorships, subscriptions, and advertising partnerships.
- Merchandise and Apparel: 100 Thieves operates a premium streetwear and gaming merchandise brand that produces high-quality clothing, accessories, and collectibles. The apparel line features custom designs reflecting the organization's aesthetic and attracts fans globally through e-commerce channels and retail partnerships.
- Tournament Organization and Events: The organization hosts and participates in esports tournaments, LAN events, and community competitions that generate viewership, sponsorship opportunities, and fan engagement. These events establish 100 Thieves as a central hub in the competitive gaming ecosystem.
- Brand Partnerships and Sponsorships: 100 Thieves secures major sponsorship deals with technology, beverage, automotive, and entertainment companies. These partnerships provide capital for team operations while expanding the brand's reach into mainstream consumer markets and new audiences beyond traditional gaming demographics.
Key Details
| Aspect | Details | Year/Status |
|---|---|---|
| Founding | Organization established by Matthew 'Nadeshot' Haag as esports and lifestyle brand | 2017 |
| Major Investment | Multimillion-dollar funding from Cleveland Cavaliers owner Dan Gilbert and Quicken Loans | November 2017 |
| Celebrity Ownership | Drake, Canadian rapper and entrepreneur, acquires ownership stake | 2018 |
| Counter-Strike Return | Re-enters Counter-Strike competitive scene with dev1ce acquisition | November 2025 - 2026 |
| Leadership | Matthew Haag remains involved but is no longer serving as CEO | September 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
- Legitimizing Esports as Mainstream Entertainment: 100 Thieves, through its celebrity ownership and professional structure, has played a crucial role in bringing esports into mainstream culture. Drake's involvement and the organization's premium brand positioning have demonstrated that competitive gaming attracts high-net-worth investors and mainstream media attention comparable to traditional sports franchises.
- Creating Sustainable Esports Business Models: The organization pioneered diversified revenue models in esports by combining competitive teams, content creation, merchandise, and brand partnerships. This approach has become a blueprint for other esports organizations seeking financial stability and long-term profitability in an industry previously dominated by venture capital speculation.
- Developing Professional Gaming Infrastructure: 100 Thieves has invested in player development, coaching staff, facilities, and competitive infrastructure that elevates the professionalism of esports. The organization treats players as professional athletes, providing contracts, healthcare, and career development opportunities comparable to traditional sports organizations.
- Building Global Gaming Communities: Through its teams, content creators, and fanbase, 100 Thieves has cultivated a passionate global community spanning millions of followers across multiple platforms. This community engagement generates organic brand loyalty and creates sustainable competitive advantages in an attention-driven digital economy.
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.
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Sources
- 100 Thieves - WikipediaCC-BY-SA-4.0
- 100 Thieves Official - About UsAll Rights Reserved
- Matthew Haag (Nadeshot) - CrunchbaseCC-BY-4.0
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