New LCS Team Bought By NBA Team Owners

The Daily Dot reports that “an investment group led by two co-owners of the NBA’s Sacramento Kings has purchased a spot in the League Championship Series (LCS), marking the second time this year that a major outside investment group has bought into the biggest professional gaming league in the United States.”

“The team, called NRG Esports, will owned by Andy Miller and Mark Mastrov, a pair with experience managing major national and international corporations : Miller is a former Apple executive who sold his former company to the tech giant for $275 million in 2010; Mastrov is the founder of the U.S. fitness chain 24 Hour Fitness. Both own a percentage of the Sacramento Kings.”

SB Nation adds: “NRG eSports’s League of Legends team will compete in the NA league this upcoming season and has already signed a pretty star-studded roster.”

“The big highlight signing is former world champion top laner Impact, most recently in the LCS with Team Impulse. Impact won Season 3 Worlds, while with Korean superpower SKTelecom T1 and had been with TIP since January 2015.”

Co-owner Miller “spoke to theScore eSports about why he decided to acquire an LCS team, what eSports needs to do to continue its massive growth, and some of the plans he has for his LCS team going forward.”

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