Report: Houston Rockets Will Be the Last to Join the Franchised NA LCS
The Houston Rockets from the National Basketball Association (NBA) is the final inclusion for the newly franchised North American League Championship Series (NA LCS) next year.
It was in December when the Houston Rockets hired former Archon CEO Sebastian Park as its director of esports, and has since then been exploring the market for potential investment opportunities. It was reportedly approached by Blizzard to be part of the Overwatch League but ultimately decided to apply for the NA LCS instead.
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.
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 officially announce the ten participating franchises in the NA LCS next month, soon after the conclusion of the League of Legends World Championship (Worlds 2017).