Riot Games is selling Echo Fox's LCS slot to a new buyer
After over two months of the drama related to Echo Fox’s ownership and investors, Riot Games has decided to terminate the organization’s participation in the League of Legends Championship Series.
The Echo Fox drama is finally coming to an end in the LCS, as Riot
has announced
its North American franchised league and Echo Fox have agreed to vacate Echo Fox’s current LCS spot. This follows Riot having given Echo Fox a 60-day deadline to either take corrective measures within the organization or sell the spot in LCS. The deadline was set in May.
Riot Games has since
shared
that they have conducted a thorough investigation and came to the conclusion that Echo Fox’s ownership wasn’t been behaving to the standards of the LCS.
Echo Fox was looking to sell to Kroenke Sports & Entertainment, an American sports and entertainment investment company that owns an Overwatch pro team, the Los Angeles Gladiators. The sale was proposed to the LCS on July 23, but it didn’t come through due to circumstances related to Kroenke and an ongoing lawsuit against the organization.
Riot is now looking to repeat a process of selling an LCS slot similar to what the community had seen when LCS franchising was introduced in 2017. This means the developer is looking to sell Echo Fox’s vacated spot to an ownership group that will be evaluated as a promising long-term partner with financial stability and a commitment towards the league as a whole.
In 2017, Riot was selling LCS spots for $10 million each, but it hasn’t shared if the price will remain the same this time around. Starting August 16, a 30-day application process has opened for potential team owners who believe they have what it takes to be a long-term partner that meets the LCS’ standards. A share of the sale’s proceeds will go to Echo Fox’s current ownership.
LCS commissioner and head of communication Chris “Grza” Greeley shared in an
official statement
that Riot is expecting to partner up with a new team before the 2020 LCS season, which will begin in late January.
“We will focus on evaluating each applicant’s ownership profile, brand strategy, business plan, and team operational plan,” Grza said. “Our goal remains to have an orderly transition as we add a new LCS team ahead of the 2020 season.”
Read Also
Esports Betting
These Are Our Betting Tips for the League Championship Series Week 4
Ben Boland
The 2026 LCS Summer Split is in full swing, with the eight North American squads all vying for a chance to represent the region at this year's World Championship. With Worlds being on home soil, there is more than just a ticket to Worlds at stake. Each series in the regular season carries weight, as the standings will determine their seeding and potentially their fate in the playoffs. Week four ...
League of Legends
Caps To Be Announced As Third Inductee in the LoL Hall of Legends
Hannan Mundia
After Faker and Uzi were inducted into the Hall of Legends in 2024 and 2025 respectively, the European League of Legends player Caps will be the next to get the same treatment. League of Legends has been a cornerstone in the professional gaming scene for over a decade. In that time, a handful of players have managed to leave their mark for all future fans and fellow players to learn ...
Esports Betting
MLBB is the most-watched game from the EWC, and it’s hard to see another game beating it
Michael Hassall
The Esports World Cup 2026 has officially passed its midway point and viewership figures for the tournament have surpassed many expectations so far, as per Esports Charts. The viewership tracking site revealed new statistics for the event on Aug. 6, showcasing just how many games had set new records in viewership, including one name leading the way in views: Mobile Legends: Bang Bang. MLBB leads the viewership charts with the ...
League of Legends
LCK 2026 Rounds 3–4 Preview, Schedule, Predictions, and More
Hannan Mundia
2026 LCK Rounds 3-4 are slated to start soon, and this preview highlights the schedule, our expert predictions, and everything else you need to know before watching. The LCK has been upside down recently. Teams that were considered absolute powerhouses are seemingly falling off, while previous underdogs have been causing upset after upset. 2026 LCK Rounds 3-4 are starting soon, and the big question here is which team will reign ...
League of Legends
LEC 2026 Summer split preview, schedule, predictions, and more
Hannan Mundia
The 2026 LEC Summer split will be the deciding split to determine which teams can make it to the World Championship, and this preview aims to highlight everything you need to know about it. It isn’t a stretch to say that the LCK and LCP are the only two competitive League of Legends regions actually pulling their weight currently. The LEC did show potential at the start of the year, ...
League of Legends
How is League of Legends Classic different from the modern version?
Hannan Mundia
League Classic brings the classic League of Legends gameplay and design from when the game first came out, but how is it different from the modern version? The modern League of Legends mode is arguably in its best state in terms of popularity, with a study even reporting that playing LoL can improve brain function. Over a decade of gameplay and multiple marketing tactics by Riot Games have bumped up ...
League of Legends
Best Champions for every role in League of Legends Classic mode
Hannan Mundia
League Classic sees the return of League of Legends Season 3, but which champions were deemed the best during that time? League of Legends has gone through a lot of changes since it first came out. While the map and item-related changes naturally impacted the game's state, so did the many champion nerfs, buffs, and reworks. Multiple champions played completely differently in Season 3 than they do now. Since League ...
