Immortals Gaming Club has acquired OpTic Gaming, according to ESPN. This acquisition will cost Immortals an estimated $40 million and will give them control over OpTic Gaming and all of its eSports teams and players as well as responsibility over the future payment of debts and fees that OpTic had accrued. Notably, according to ESPN, that includes $15 million owed to Riot Games’ League of Legend’s eSports league, the League Championship Series (LCS), and Activision-Blizzard’s Overwatch’s eSports league, the Overwatch League (OWL).
However, due to the rules of the OWL, Immortals will be forced to sell the Houston Outlaws, the OWL team that was owned by OpTic Gaming, as Immortals already owns a team in the OWL, the Los Angeles Valiant. This sale should recoup the majority of the price that Immortals will pay for OpTic Gaming, as ESPN reported last year that the price for a team in the OWL can range somewhere from $20 million to $60 million. However, even including the debts that Immortals will have to assume with their purchase, it doesn’t seem wise for OpTic Gaming to sell themselves for such a low fee when their OWL spot could net them so much money by itself.
There are many possible explanations for that, but one could be that price for a spot in the OWL is inflated right now and that the $20 million to $60 million figure that ESPN reported are not realistic prices that organizations are willing to pay. Regardless of that, with the purchase of OpTic Gaming, Immortals will now have control over OpTic’s teams and players in multiple other gaming franchises, including Call of Duty, Gears of War, and League of Legends.
Immortal’s re-entry into the LCS is very notable as they were declined a spot in the LCS’s franchising system in late 2017 for a multitude of reasons. Fans from across the world did not react well to that news and so with this recent acquisition, it will be seen as a homecoming for Immortals, which was an eSports organization that started by purchasing a team in the LCS in 2016. Immortals is also looking to purchase a spot in the Call of Duty World League, the premiere eSports tournament for the Call of Duty franchise. Though Immortals will soon own OpTic Gaming, the illustrious 13 year history of OpTic will live on rather than be disbanded, according to ESPN.