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GameSquare Divests Remaining Interest in FaZe Media

While GameSquare only plans to release the exact details on the FaZe Media divestiture when the company announces Q4 2024 financial results on April 16, The Esports Advocate expects to learn that the sale of the remaining 25.5% stake is related to an expedited conversion of the M convertible note transaction with Gigamoon Media—which was […]

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GameSquare Divests Remaining Interest in FaZe Media

While GameSquare only plans to release the exact details on the FaZe Media divestiture when the company announces Q4 2024 financial results on April 16, The Esports Advocate expects to learn that the sale of the remaining 25.5% stake is related to an expedited conversion of the M convertible note transaction with Gigamoon Media—which was originally scheduled to convert on Dec. 31, 2025, into either GameSquare’s common stock at a conversion price of .50 per share or 5.725M shares of FaZe Media Series A-1 Preferred Stock. The conversion into FaZe Media shares would transfer majority ownership to Matt Kalish, with a controlling interest of 74.5%.
In a further show of financial confidence, GameSquare also announced Monday a M Letter of Credit extended by the Jones Family—led by Dallas Cowboys owner Jerry Jones. The facility, which carries a 10% per annum interest rate on any outstanding principal drawn without a prepayment penalty, is designed to support early financial commitments such as space reservations and other operational expenses for its burgeoning events business.
FaZe Media was established in May 2024 as a dedicated “operating subsidiary to consolidate the remaining FaZe creator talent and non-esports assets into “a creator-led IP and internet media company.” Last year, GameSquare secured an M investment from Matt Kalish—president and co-founder of DraftKings North America and FaZe Media Board Member—for a 49% stake in FaZe Media, sold a 25.5% interest for .5M to an entity controlled by FaZe Banks, and entered into a M convertible note transaction with Gigamoon Media, an investment entity controlled by Matt Kalish. These moves reflect GameSquare’s commitment to returning creative control to FaZe’s founders and optimizing the brand’s operational focus.
Publicly traded esports and gaming company GameSquare (NASDAQ:GAME) announced Monday that it has divested its remaining 25.5% stake in FaZe Media, an independent subsidiary managed by FaZe Clan Founder and current FaZe Media CEO Richard “FaZe Banks” Bengston. Details of the divestiture—part of GameSquare’s broader strategy to streamline operations and strengthen its balance sheet—will be published when the company reports its Q4 2024 financial results on April 16, 2025. Effective April 1, FaZe Media will no longer be consolidated in GameSquare’s financial statements. GameSquare will continue to maintain 100% ownership of FaZe Clan Esports.
Looking ahead, GameSquare is set to launch a new division specializing in talent-led, brand-owned events aimed at delivering immersive in-real-life experiences. The division will leverage partnerships with top-tier brands, gaming communities, and major U.S. festivals to create innovative, culturally relevant events. Additionally, the company is rolling out a collegiate esports initiative designed to foster community engagement on university campuses across North America through competitive tournaments, a proprietary software platform, and the strategic use of its owned IP—the company owns several creation content studios and marketing divisions.
2024 was a transformative year for GameSquare, highlighted by the completion of the FaZe Clan acquisition, investments to our team and global capabilities, and the next-generation media platform we have created to drive cross-selling opportunities and grow our market share,” said Justin Kenna, CEO of GameSquare, in a release. “As we look to 2025, today’s announcements are important catalysts to optimize our business model and reach profitability in the coming quarters.”

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Willis wins USATF Under 20 pole vault championships Thursday night

Story Links EUGENE, Ore. – Competing in Eugene for a second consecutive week, South Dakota freshman Anna Willis earned National recognition by winning the USATF Under 20 Championship women’s pole vault competition Thursday night.   A week after placing fourth at the NCAA Championships with a clearance of 14-6 ¾, Willis cleared […]

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EUGENE, Ore. – Competing in Eugene for a second consecutive week, South Dakota freshman Anna Willis earned National recognition by winning the USATF Under 20 Championship women’s pole vault competition Thursday night.
 
A week after placing fourth at the NCAA Championships with a clearance of 14-6 ¾, Willis cleared 14-3 ¼ to win the U20 Title at Hayward Field Thursday. She was one of two competitors over 14-0 Thursday night.
 
Fellow Coyote Mariah Fenske also competed Thursday, running 11:22.35 in the women’s 3,000-meter steeplechase, placing ninth.
 
One more Coyote will take the track at the U20 Championships this week. Friday night, Berkeley Engelland will run in the 800-meters, scheduled for 7:26 p.m. Central Time (5:26 p.m. Pacific).
 





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Matthew Troche, Westminster Academy senior

Westminster Academy senior Matthew Troche had an impressive senior season and stepped up during the team’s playoff run to help lift the Lions to a state championship.  The senior top performer was selected as the Sun Sentinel Broward boys water polo player of the year. Troche scored five goals and led this team in a […]

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Westminster Academy senior Matthew Troche had an impressive senior season and stepped up during the team’s playoff run to help lift the Lions to a state championship.  The senior top performer was selected as the Sun Sentinel Broward boys water polo player of the year.

Troche scored five goals and led this team in a second-half rally for an 11-10 victory in overtime against St. Thomas Aquinas in the state semifinal. Westminster Academy trailed 8-6 in the fourth quarter before Troche responded with two goals to make it 8-8. The Lions also trailed 10-9 late in the fourth before Troche’s game-tying goal to force overtime.

He delivered again and scored five goals in the team’s 10-9 victory against Mater Lakes Academy in the state championship. He had two consecutive goals to break a 5-5 tie in the third quarter and recorded a go-ahead goal to break an 8-8 tie in the fourth quarter.

Troche played his first three seasons at Cooper City High School. He made an impact at his new school during his senior campaign and led Westminster Academy to a 24-2 record. Troche recorded 27 goals and 11 assists in five playoff games, including eight goals in the regional championship victory. He finished the season with 88 goals, 56 assists and 43 steals.

Troche previously represented the Southeast Zone for the USA Water Polo Olympic Development Program Youth National Team in Chicago.  He also had participated in the USA Water Polo ODP Regional Tournament in Dallas, Texas and was selected for the USA Water Polo 18U Junior Olympics in San Jose, California.

Troche continued his training in the sport while with the Barcelona Lions Water Polo Club for the last two years. He traveled to play in Colombia during the Open Men’s Tournament and also practiced with professional teams from the Honor Division in Spain, including CN Sant Andreu, CN Catalunya and CN Barcelona.



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Charleston Southern Athletics and Goose Creek Heating and Air & Plumbing Celebrate Achievements in Second Year of Student First Initiative

Story Links CHARLESTON – Charleston Southern Athletics and Goose Creek Heating & Air + Plumbing announced on Wednesday morning exciting news regarding the continuing efforts to enhance the CSU student-athlete experience with the “Student First Initiative.”   “We are so thankful to Goose Creek Heating and Air + Plumbing for their […]

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CHARLESTON – Charleston Southern Athletics and Goose Creek Heating & Air + Plumbing announced on Wednesday morning exciting news regarding the continuing efforts to enhance the CSU student-athlete experience with the “Student First Initiative.”
 
“We are so thankful to Goose Creek Heating and Air + Plumbing for their support of our Student First Initiative,” said Jeff Barber, Charleston Southern’s Vice President for Intercollegiate Athletics. “We have just completed the 2024-25 academic year and experienced the highest GPA in the history of our program at 3.37. Goose Creek Heating and Air + Plumbing has made a difference in the academic lives of our student-athletes and for that, we feel very blessed.”
 

During the fall of 2023, the Buccaneers’ athletics department added Goose Creek Heating & Air + Plumbing to their network of corporate partners and the company had signed on to be the founding sponsor for this new venture. This project is the “Student First Initiative” which was created to reward the various CSU athletics programs for their success in the classrooms and keeping their academics at the forefront of their plans. Every program that finishes the academic year with a cumulative team GPA of 3.0 or higher receives a $500 financial contribution that directly supports the individual program. Last academic year, 12 programs eclipsed a 3.0 GPA leading to $6,000 in total donations to Charleston Southern.
 
This year, 12 Charleston Southern athletics programs completed the year with a cumulative GPA above 3.0, making it back-to-back years of this many teams, which amounts to $6000 of contributions. The programs that finished the year at that level are listed below with their team GPA listed as well:

  • Men’s Baseball
  • Men’s Basketball
  • Men’s Cross Country
  • Men’s Golf
  • Women’s Basketball
  • Women’s Cross Country
  • Women’s Golf
  • Women’s Soccer
  • Women’s Softball
  • Women’s Tennis
  • Women’s Track & Field
  • Women’s Volleyball

 
To learn more about or become a sponsor for the “Student First Initiative,” contact Corporate Sponsorship General Manager, Nick Castillo (ncastillo@csusportsproperties.com).
 



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Nebraska volleyball now has five-player class for 2027

Nebraska volleyball has had a busy 48 hours.The Huskers’ new head coach, Dani Busboom Kelly, has a five-player class for 2027.The class is headlined by the top recruit in the country, Kendal Omoruyi.Setter Malorie Boesiger out of Norris High School in Nebraska has also announced her commitment.The Huskers have also added two liberos, including Mallory […]

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Nebraska volleyball has had a busy 48 hours.The Huskers’ new head coach, Dani Busboom Kelly, has a five-player class for 2027.The class is headlined by the top recruit in the country, Kendal Omoruyi.Setter Malorie Boesiger out of Norris High School in Nebraska has also announced her commitment.The Huskers have also added two liberos, including Mallory Johnson out of Michigan and Hua Laikona out of Arizona. Shaye Washington out of Missouri has also committed to Nebraska.NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |

Nebraska volleyball has had a busy 48 hours.

The Huskers’ new head coach, Dani Busboom Kelly, has a five-player class for 2027.

The class is headlined by the top recruit in the country, Kendal Omoruyi.

Setter Malorie Boesiger out of Norris High School in Nebraska has also announced her commitment.

The Huskers have also added two liberos, including Mallory Johnson out of Michigan and Hua Laikona out of Arizona.

Shaye Washington out of Missouri has also committed to Nebraska.

NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |



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Angleton’s Archangel perseveres to continue track career in college | Sports

After a difficult track workout with his dad earlier this year, lactic acid building up and biting pain coursing through his body, Gabriel Archangel took off his spikes and dove into epiphany. kAm“%96 A9JD:42= 72E:8F6 J@FC 3@5J 8@6D E9C@F89 H:E9 EC24< 😀 D@ :>>6?D6[” E96 p?8=6E@? DAC:?E6C D2:5] “x H2D E9:?<:?8[ ‘(9@ H@F=5’G6 E9@F89E x […]

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After a difficult track workout with his dad earlier this year, lactic acid building up and biting pain coursing through his body, Gabriel Archangel took off his spikes and dove into epiphany.

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10 Minutes of Good Waves and Absolute Chaos at Malibu

 Malibu, California. My first time back since last summer. A lot has changed. And yet, nothing has. The fires have scarred this town, but down at the beach, the morning still starts slow.  The pier stands quiet, the beach, nearly empty. It’s a peaceful illusion, Malibu’s version of the calm before the storm. But […]

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10 Minutes of Good Waves and Absolute Chaos at Malibu


The Inertia

Malibu, California. My first time back since last summer. A lot has changed. And yet, nothing has. The fires have scarred this town, but down at the beach, the morning still starts slow.  The pier stands quiet, the beach, nearly empty. It’s a peaceful illusion, Malibu’s version of the calm before the storm.

But walk closer to the water and that illusion breaks. Because Malibu doesn’t just attract surfers, it pulls them in like a magnet. Locals, groms, pros, tourists, all chasing the same thing: a slice of that perfect right. The crowd doesn’t build slowly. It appears all at once. The calm beach becomes a battlefield in the water. And sometimes it’s not about catching that perfect wave. It’s about not getting clipped by someone.

This edit captures a classic Malibu morning. Surfers battling for position in the middle of some seriously good waves. Malibu is one of the most iconic surf breaks in the world — and this is what it’s like when the waves show up. This short film gives you a feel for both sides of Malibu: the stillness… and the storm.

Find more from Brad Jacobson on his YouTube channel. 

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