The Cleveland Cavaliers from the National Basketball Association (NBA) is said to be the newest franchise owner in the highly anticipated North American League Championship Series (NA LCS) next year.
According to a report from ESPN, former Call of Duty professional Matthew “Nadeshot” Haag has been hired to head the operations for the organization. The Cleveland Cavaliers are reportedly already seeking and recruiting staff members, including players for its League of Legends roster.
Every non-endemic approved application must pay $13 million in franchising fees to Riot Games over the next few years with $8 million deposited before the start of the new season. Another $5 million will go towards operations and $3 million to a compensation pool to pay the endemic esports organizations that will not be returning next year.
The Cleveland Cavaliers is not the only non-endemic brand accepted by Riot Games from the NBA space. The Golden State Warriors, owned by the Lacob family, had its application approved last week. There are also reports about Houston Rockets being the third and last non-endemic brand to be joining the NA LCS next year.
More than a hundred applications have so far been submitted to Riot Games in the hopes of acceptance. The company is said to have started notifying rejected applicants last week. It is expected to make an official announcement as to which of the ten applications have been approved for the NA LCS in the coming weeks.