OpTic Gaming and Houston Outlaws' ownership group, Infinite Esports & Entertainment, is cutting ties with one of its investors, Deep Space Ventures, after that company's managing partner, Stephen Hays, was arrested for domestic violence, according to Infinite sources and ESPN.
Stephen Hays allegedly attacked his wife with a hammer in their bedroom in their home in Frisco, according to a police report obtained by the Dallas Morning News. He was charged with aggravated assault with a deadly weapon, a second-degree felony.
Stephen Hays is a 38-year-old former investment banker who co-founded the $20 million investment fund Deep Space in 2016. Hays and Deep Space first invested in Infinite, the Frisco-based parent of OpTic Gaming, Houston Outlaws and nine other esports subsidiaries, in December. Deep Space also invests in other esports technology and merchandising companies like PlayVS, Mobalytics, Battlefy and Ateyo. Hays is a well-known venture capitalist in the Dallas-Fort Worth area, as well as a member of the private Dallas Cowboys club in Frisco.
Infinite Esports & Entertainment declined to comment, according to ESPN.