One of North America’s leading Esports organizations – TSM is considering the possibility of selling its LCS slot for financial reasons.
Yesterday, when the European League of Legends fan community was still surprised by the news that Misfits Gaming sold LEC slots to Heretics, recently, some close sources from the Dextero news site continued to announce a new LEC slot. ‘shocking’ news, but this time for North America. Team SoloMid – TSM is considering the possibility of selling its NA LCS spot,
According to the information provided, TSM is currently facing a huge financial crisis, and the team’s leadership has made a lot of discussions to come up with a solution to the current situation. And after the news that Misfits sold their seats in the LEC tournament, TSM will also likely “follow up” and sell their participation. The estimated price is about 45-50 million USD.
Another source said that the sale of TSM slots does not mean that the organization will leave the Esports League of Legends industry like the way Misfits did. The concession is only temporary and they still have the possibility to rejoin a League of Legends tournament, but it is highly likely that they will move the venue to compete in the European region.
“TSM’s financial problems are really serious right now. They’ve cut costs everywhere in the esports world. Most likely, they will also sell a lot of shares as well as the right to participate in tournaments in other games in the future ” – A source said.
TSM is considered one of the oldest Esports organizations in the world of Esports in general and League of Legends in particular. Once upon a time, they were the “King of NA”. This team has won a total of 7 LCS championships, being the first North American team to reach Worlds 7 times as well as participating in 10 finals of the LCS NA region.