It’s heartbreaking to see this era of FaZe come to a close. It’s beyond tragic the way it all ended, it’s been an emotional few days.
We wish the boys the best not only as creators, but as people too. FaZe has always felt like a family, so we will always unconditionally root for and support them.
FaZe eSports has always operated as a separate entity, nothing on that side will change. Rather it will become our main focus moving forward.
FaZe Forever 2010 - ♾
Creators cited a loss of creative control, describing themselves as
"puppets" with "no control" over content and direction. Underlying issues included an
"unsustainable" financial structure, with rumors of the org demanding a larger cut of streamers' earnings (e.g., 20%).
I got the balls to say what i find… rip FaZe Clan…. ill see you in the next lobby.
The primary reason was failed contract negotiations lasting six months with new management under investor firm HardScope (CEO Matt Kalish).