Counter Logic Gaming is reportedly set to drop out of Counter-Strike, according to a report by independent journalist Jarek "DeKay" Lewis.

Earlier this week, DeKay reported in-game leader Pujan "FNS" Mehta was leaving the organization due to an internal dispute with the team. DeKay is now reporting that due to financial issues, CLG is choosing to stop competing in CS:GO and sell off its players' contracts.

CLG recently failed to qualify for the ESL Pro League Season 6 Finals and was unable to make it out of the Americas Minor Championship, failing to qualify for the ELEAGUE Major: Boston Offline Qualifier. The team lost several strong players over the past year, and has struggled to remain competitive with top North American teams.

CLG first entered CS:GO in 2015 and have been considered one of the stronger NA CS:GO rosters in the past.

Daniel Rosen is a news editor for theScore esports. You can follow him on Twitter.