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).