aXiomatic lands Michael Jordan and David Rubenstein as investors during $26M funding round.

Team Liquid’s parent has raised more than $50M in disclosed funding this year.

The investment follows the growing trend of significant fundraising by NA LCS team owners this year.

aXiomatic, the parent company of esports organization Team Liquid , added a number of new investors including basketball Hall of Famer and majority owner of the Charlotte Hornets Michael Jordan during a round of funding that totaled $26M. Curtis Polk, managing partner for the NBA’s Charlotte Hornets, and Carlyle Group co-founder and co-chair David Rubenstein were among the other notable investors.

[perfectpullquote align=”right” cite=”” link=”” color=”” class=”” size=””]aXiomatic’s ownership group already included high-profile names from NBA offices.[/perfectpullquote]

aXiomatic’s ownership group already included high-profile names from NBA front offices including Monumental Sports & Entertainment’s Ted Leonsis and Warriors owners Peter Guber and Bruce Stein. The completion of the funding round for aXiomatic comes as numerous North American League of Legends Championship Series franchises continue to draw investment.

Related Article: Drake, Scooter Braun Invest in 100 Thieves as NA LCS Teams Attract More Funding

Earlier this week, 100 Thieves added rapper Drake and talent manager Scooter Braun as investors in a round of funding for an undisclosed amount. That came shortly after Cloud9 raised $50M in a round of funding led by Valor Equity Partners. In July, Team SoloMid’s parent company Swift closed a $37M round funding.

aXiomatic completed its most recent round of funding in April, in which the team raised $25M, led by Warriors board member Bruce Karsh. Ownership stakes in aXiomatic associated with Thursday’s investment round were not disclosed.