Hello League Board!
I've got a question: I've heard about the rumors, that Team Dignitas, Team Impulse and Team 8 are selling their LCS spot. But how does that work?
So let's say I own an organisation called "Vayne's Shadows" and I want the spot of Team Dignitas, can I just make a contract with them for their spot, submit that to Riot and it's fine? Or is it a much more complex mechanism behind that all?
Thank you for clarification.
It's more likely that Dig is selling the team, not the spot.
Think Curse becoming Liquid.
They also might just sell off Dig EU, not the NA team.
Yeh, the owner of Dignitas obviously owns both the EU and NA teams. The rules state that no owner can possess 2 professional level teams, which wasn't a problem until Dignitas EU got into the LCS through promotion. So selling the spot is selling the team to another person, which will probably warrant a name change, etc. Team 8 was independent, which means they never had an owner. Somebody would probably manage the money they made at tournaments to make it so they could live somewhere, eat, travel, etc. Usually an owner will cover all expenses of the players because the owners get far greater returns if that team starts winning. Also, these teams get paid just for being in the LCS. So if TSM won worlds, and took home 3m in cash, the players wouldn't divide up 3m. The owner would get the 3m, probably give the players a huge bonus, invest some in the team, then the rest would go to the owners bank account. So essentially, selling the team or your spot means that you are looking for financial backing and somebody who is passionate enough to give you the tools necessary to succeed.
Technically, the team is getting sold, not the spot. Dignitas EU and NA are not both allowed to be owned by one person, so it has to be sold along with the naming rights. DIG EU will be named something else next season.
Although technically you could buy the organization and change out all of the players, but that's incredibly stupid to do.
