Wesley Edens, co-owner of the Milwaukee Bucks, is currently in talks with Cloud9 to purchase their second LCS spot as well as four of the team’s players. According to a report from ESPN’s Jacob Wolf, this deal including the player contracts will cost around $2.5 million, with $1.8 million going towards the LCS slot, and the remaining $700,000 for the player rights/buyouts. This potential deal is currently awaiting approval from Riot Games.
Included in this deal, Edens and his associates will reportedly acquire the rights of Cloud9 Challenger players An “BalIs” Van Le, Hai “Hai” Du Lam, Johnny “Altec” Ru, and Daerek “LemonNation” Hart, with Juan Arturo “Contractz” Garcia reportedly set to move over to Cloud9’s main roster as the starting jungler.
If this deal finalizes, Eden will be the third NBA team owner to join the LCS during this off-season, following Golden State Warriors owner Peter Guber’s acquisition of Team Liquid, and the Philadelphia 76ers’ purchase of Team Dignitas.
You can read the full report on ESPN here.
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Article by Malcolm Abbas. Follow him on Twitter @SmashhLoL.
Photo via Gary Porter