TSM plans to participate in Call of Duty League and other tier 1 esports

Despite multiple reports alleging that the esports organisation is in dire financial trouble.

TSM has been in all manner of different headlines as of late, most of which relate and allege that the esports organisation is in dire financial trouble. While TSM has never officially commented on confirmed these allegations, the multiple dropped teams and the many layoffs at the organisation do seem to indirectly serve as a confirmation.

Now however, TSM has taken to Reddit to shine a bit of light on this ongoing situation, both noting that it understands that its fans are frustrated and that it is working to keep the organisation afloat.

"We've seen your frustrations, and we understand and appreciate the patience you've shown as we've been working behind the scenes on our esports strategy. The ecosystem has faced some challenges in recent years, and we are trying to be mindful of our approach to ensure our sustainability and longevity as an organization. Moving forward, we will make our best effort to issue updates quarterly."

But this wasn't all, as TSM also stated, "we want to reaffirm that TSM is still fully committed to esports. Although we cannot share many of the finer details of our plans for the future, we can confirm that we are actively looking to participate in multiple Tier 1 esports including League of Legends, VALORANT, and Call of Duty.

"We are diligently working towards our goal of acquiring a League of Legends franchise slot in a Tier 1 region by the end of 2024. This process takes time and requires patience as negotiations of this magnitude have many hurdles along the way. We are equally as eager as you are for TSM to return to LoL Esports!

"It is also our strong desire to be in VALORANT Champions Tour. We will continue to evaluate the VALORANT Challengers League viability after Open Qualifiers have ended.

"Call of Duty has a really dedicated community and it's something we would love to be a part of."

No doubt many of these plans will come to fruition down the line as if the team is in as tough a financial spot as the reports claim, it will likely have to spend its limited funding on its employees and not a multi-million slot in the Call of Duty League, for example.