Make blade king deal 6-7% damage if you are ranged
items should be balanced around whether the character is ranged or melee. melee users have to go in there so keep it 8%. Ranged users have no issue abusing it and stack attack speed or double hit procs making it overpowered during certain metas.
and at one point in time
both used to build it
besides them i dont know if any melee champ still builds it besides the occasional 
are the abusers, and
or 