Evil Geniuses to Leave Esports on November 2

Evil Geniuses has announced that it will cease esports and operational activities on November 2, 2026. One of the oldest clubs in the industry will bring to an end 25 years of the professional life.

According to the club’s representatives, increasing costs for the maintenance of competitive squads and lack of possibilities for the attraction of sponsors became the reason for such a decision. In recent years, EG made an attempt to change its business model and to strengthen the image of the brand, but in general, the management considered further work under these conditions impossible.

Evil Geniuses Will Start the Process of Gradual Dissolution of Its Activities, Players Are Already Free to Look for New Teams, EG Earned More Than $28 Million in Prize Money Over 25 Years, Economic Problems Were the Main Reason for the Exit

Evil Geniuses Will Start the Process of Gradual Dissolution of Its Activities

The club noted that this process will be gradual, and the club intends to finish all of its activities in order to fulfill all obligations towards players, coaches, and employees.

In recent years, the club was trying to change the internal processes, increase the activity of the brand, increase the number of games of the brand in esport and to build partnerships with the content creators.

But these steps have not helped, and the management pointed out two main economic reasons for such a decision - the increasing cost of competition at the top level and the lack of opportunities to attract new sponsors.

Players Are Already Free to Look for New Teams

Evil Geniuses has allowed players from its active rosters to begin negotiations with other organizations.

Separate conditions apply to the VALORANT division. Players and coaches from that team will be able to officially sign new contracts after the season ends on November 2, 2026.

EG also intends to help other employees find new jobs. CEO Chris DeAppolonio said he is prepared to personally recommend players, content creators, and staff members to potential employers.

This means the organization plans to handle the shutdown gradually and give those who worked under the EG banner an opportunity to continue their careers elsewhere.

EG Earned More Than $28 Million in Prize Money Over 25 Years

Throughout its lifetime, Evil Geniuses has become one of the most well-known esports brands based out of North America.

The teams from this company have participated in 1,019 tournaments during their career of more than 25 years and made $28.57 million in winnings.

One of the biggest achievements in the club’s history remains its Dota 2 victory at The International 2015. EG earned around $6.62 million for first place, while the result became one of the most significant achievements in the history of the North American scene in the discipline.

The organization also competed in many other games and, at different points in time, maintained rosters in some of the biggest esports titles.

In its final statement, EG management thanked the players, employees, partners, and fans who supported the club for more than a quarter of a century.

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Economic Problems Were the Main Reason for the Exit

According to the press release, Evil Geniuses clearly stated that the decision was not made because of the outcomes of some specific team or because of the loss in a specific game.

The most important elements were financial issues, as the costs of supporting competitive teams kept increasing, but it became harder to find the required sponsors.

November 2 will become not only the end of yet another EG roster, but also the end of the life of the organization operating in professional esports for over 25 years.