NRG

The team was founded by Sacramento Kings co-owners Mark Mastrov and Andy Miller in November 2015.

In March 2016, NRG announced that Alex Rodriguez, Shaquille O'Neal and Jimmy Rollins were joining as investors. On April 20, 2018, Tiesto was announced as an investor.

In August 2017, the Canadian esports company Northern Gaming was acquired by NRG. Northern Gaming's co-owners were rolled into NRG, making twitch streamer Sodapoppin a named advisor and co-owner.

In September 2019, it was announced that Hector "H3CZ" Rodriguez had joined as co-CEO, after another announcement the same day that Hector and the Immortals Gaming Club had parted ways.

On August 24, 2020, Tubefilter announced that NRG partnered with Shots Studios, a Los Angeles-based production and management company, for content production, social strategy, and merchandising.

In 2021, NRG had a reported revenue of $28 million. The following year, its equity was a reported $240 million.

In April 2023, NRG acquired Counter Logic Gaming and its League Championship Series (LCS) slot, returning to the league for the first time since 2016.

In September 2023, NRG announced the dissolution of their Apex Legends team, citing lack of support from EA for competitive Apex as the reason. They would, however, return to Apex on May 30, 2024 by signing the former XSET roster.

On May 6, 2024, the Esports World Cup Foundation, funded by the Saudi Arabia Public Investment Fund and organizers of the Esports World Cup tournament series, announced the 30 organizations (known in the ESWC as Clubs) who would make up the Club Support Program, with NRG being one of them. This program gives teams a one-time six-figure stipend if an organization is willing to enter new esports as well as additional funding each year if they drive viewership and fan engagement to the Esports World Cup.

In October 2024, NRG and Spectrum announced a multi-year partnership, extending Spectrum's naming rights for the NRG Spectrum Castle in Los Angeles for three years. Spectrum’s branding will appear on NRG’s jerseys, with its services used at the LA headquarters and Culver City facility. The partnership includes an event series called ‘Storm the Castle’ and activations under NRG’s ‘Gaming Tour of America’.

In November 2024, NRG announced that now retired GarrettG will still be in the organization as a Co-Owner and Content Creator.