NRG and FaZe Clan plan on investing in LCK-franchised eSports league

NRG and FaZe Clan plan on investing in LCK-franchised eSports league

A growing eSports league garners more support from two leading eSports organizations

Heading into the 2021 season, South Korea’s premier League of Legends (LoL) league, LCK, will pick up a franchise format, which has drawn the interest of large eSports organizations across the globe. According to Korean news outlet Fomos, there are nearly 25 eSports entities that submitted letters of intent (LOI) to invest in the upcoming league, including FaZe Clan and NRG Esports. The LCK league has ten teams and Challengers out of South Korea, which is the secondary LOL league, has eight more. All these teams have also reportedly submitted LOI.

NRG has more experience in LoL, as the organization had a team in LCS for one season in 2016 before exiting due to its poor performance during Summer Split. On the other hand, Faze Clan has never been involved in LoL, despite the fact that it has invested in numerous competitive titles, such as Fortnite and CS: GO. It has also participated in the Call of Duty League in which the team decided to partner with Atlanta Esports Ventures to create the Atlanta FaZe franchise.

A Riot Game’s spokesperson has announced that these LOIs do not guarantee that all 25 organizations will get a spot in the league. The application period will remain open until June 19, and Riot will review all submissions until sometime in August before the company will announce which teams will be partners in September. Based on what Riot has announced, this LCK format will follow the footsteps of the LCS, LPL and LEC, which also were franchised on April 5. The goal is to “strengthen LCK’s competency and ultimately create a more satisfying experience for all participants of the league,” added Riot.

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