Kroenke Sports & Entertainment's deal to acquire Echo Fox's League of Legends Championship Series slot fell through Friday. The deal's failure is the result of the lawsuit filed by Sentinels CEO Rob Moore, according to reporting by ESPN.
Per ESPN, Echo Fox and Riot Games will now work together to evaluate other offers for the slot in North America's biggest League of Legends league. Evil Geniuses, Complexity Gaming and Allen Shapiro of Dick Clark Productions were all interested in the slot prior to the Kroenke deal, ESPN reports.
.@echofoxgg is expected to work with @LCSOfficial to evaluate other offers and come to a resolution, league and team sources told ESPN.— Jacob Wolf @ #SSC2019 (@JacobWolf) August 10, 2019
Prior to the Kroenke deal, other interest included Allen Shapiro of Dick Clark Productions, @EvilGeniuses and @compLexity, sources said. https://t.co/XRkyu3GWxQ
Kroenke Sports & Entertainment had initially offered to buy Echo Fox's slot in the LCS for $30.25 million July 23, just before the slot would have defaulted to the LCS.
Moore filed a lawsuit against Kroenke Sports & Entertainment's esports arm Aug. 1 alleging a violation of a joint venture between the parties caused by the pursuit of the Echo Fox purchase. Moore and Sentinels operate the Los Angeles Gladiators, which is owned by Kroenke Sports & Entertainment.
Photo by Tina Jo/Riot Games