The Golden Guardians, an esports affiliate of the Warriors, and Evil Geniuses have mutually agreed to exit Riot Games’ League of Legends Championship Series. The two-week long process required each of the member teams to vote on whether it wished to terminate its Team Participation Agreement with Riot Games and the league. Of the 10 teams in the league only Evil Geniuses and Golden Guardians decided to exit.
Despite the Warriors’ exit out of esports, team co-owner Peter Guber is still in the space. He currently serves as the co-exec chair of aXiomatic, which owns a controlling interest in the L.A.-based esports organization Team Liquid, which voted to stay in the LCS.
Sources have told SBJ that Peak6, owners of the Seattle-based Evil Geniuses, have been desperately trying to sell off the esports property either in whole or in parts, but have been unsuccessful thus far. Industry insiders tell SBJ that Evil Geniuses could be exiting the esports space entirely before the end of the year.
<p>The NFL set a viewership record on Thanksgiving Day across CBS, Fox and NBC. It also kicked-off the first Black Friday game in its history, which was carried on Amazon Prime. Pod hosts Andrew Marchand and John Ourand discuss the league’s media dominance and whether Black Friday will follow that trajectory. Now that the NBA is through the round-robin part of its In-Season Tournament, Marchand and Ourand dissect what they like and don’t like about the tournament and whether it has the staying power to be one of the NBA’s tent-pole events.</p><p> </p><p>Two of the most controversial sports media stories of the last two weeks made it onto the pod’s list of topics this week. One is the Futurism report that Sports Illustrated had been using AI-generated stories and AI-generated bylines without properly alerting readers. The other is Charissa Thompson’s comments to the “Pardon My Take” podcast that she used to make up sideline reports when she wasn’t able to track down a coach. This week also sees the return of the “MandO Mailbag.”</p><p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>
Sports Business Journal's SBJ Presents podcast, sponsored by Citrin Cooperman, features industry insights and perspectives on the issues impacting the business of sports. In this episode, we'll explore the latest takes on NIL. Joining us, Doug Cammarano, Partner in Citrin Cooperman’s Business Management and Family Office Practice, and Sports Industry Leader, Roman Oben, NFL VP of Football Development, and Brian Socolow, Partner and Co-chair of the Sports Practice Group at Loeb & Loeb.
Shareable URL copied to clipboard!
https://www.sportsbusinessjournal.com/Articles/2023/11/20/lcs-dropping-golden-guardians-and-evil-geniuses.aspx
Sorry, something went wrong with the copy but here is the link for you.
https://www.sportsbusinessjournal.com/Articles/2023/11/20/lcs-dropping-golden-guardians-and-evil-geniuses.aspx
Register for a free SBJ account to unlock one extra article per month.
© 2023 Leaders Group. All rights reserved.The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Leaders Group.
© 2023 Leaders Group. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Leaders Group.
Already a subscriber? Click below to sign in.
Upgrade your subscription to get all the news you need:
Adding SBJ weekly content will give you the comprehensive view of sports business with:
Already a subscriber? Click below to sign in.
Upgrade your subscription to get all the news you need:
Adding SBJ daily content will give you the comprehensive view of sports business with: