Echo Fox is trying to sell its League of Legends Championship Series slot
An ESPN report says that esports organization Echo Fox has made a deal to sell its slot in the League of Legends Championship Series to Kroenke Sports & Entertainment, a holding company that owns pro sports teams including the Los Angeles Rams, Denver Nuggets, Colorado Avalanche, and Arsenal FC. Kroenke has agreed to pay $30.25 million for the slot, according to the report, but the sale must first be approved by Riot.
Riot confirmed that Echo Fox submitted a proposal to sell its slot, but did not say who the proposed purchaser is. "LCS is reviewing the sale and will be meeting with the proposed ownership group in the coming days," commissioner Chris Greeley said.
"We're working diligently to minimize disruption to Echo Fox players and staff for the 2019 season in partnership with the LCS Players' Association.
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