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Leagues and Governing Bodies

Sources: Riot Finalizes NALCS Franchising For '18 With Addition Of NBA's Rockets

Game developer Riot Games has "finalized the 10 teams that will join a newly franchised North American League of Legends Championship Series" with the Rockets, according to sources cited by Jacob Wolf of ESPN.com. The Rockets "join two other NBA team affiliates to buy into the league." The Cavaliers, with affiliated venture partners, and Warriors co-Owner Joe Lacob both "reportedly bought into the league." All of the new franchises "will pay" $13M in fees with $8M due upfront. Of that total, $5M will go "toward league operations" and $3M will go to a compensation pool to pay NALCS and Challenger Series teams that did "not make it back in." Six existing teams had their applications to remain in the league "approved and will pay" $10M to re-enter the restructured league. The endemic franchises returning to the league include Cloud9, Counter Logic Gaming, Echo Fox, Team SoloMid, Team Liquid and FlyQuest (ESPN.com, 10/19).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

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SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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