Milwaukee Bucks To Spend $2.5M Bucks In eSports Team Cloud 9

Milwaukee Bucks To Invest $2.5M Bucks In eSports Team Cloud 9

Milwaukee Bucks and Bucks Into eSports (Photo: Milwaukee Bucks)

Milwaukee Bucks and Bucks Into eSports (Photo: Milwaukee Bucks)

TNL Take: Sorry that was way too easy to write.

As reported by Jacob Wolf of ESPN eSports - who literally breaks every major story - Wesley Edens, co-owner of the Milwaukee Bucks will invest in eSports team Cloud 9's Challenger's LCS spot and the contracts of team players for roughly $2.5 million.

Unless you spend 25 hours a day thinking about eSports as I do that maybe challenging to understand.

So here's what it means.

  • A LCS spot is a chance to play in Riot's League of Legends "League". Like having to pay to play in the NFL every year
  • Last year, the "spots" were going for $1M. 
  • Of which NRG eSports and Schalke 04 in the Bundesliga lost their investment due to relegation.

Yup its confusing but listen to someone smarter than me - Sacramento Kings Co-Owner Andy Miller and Co-Owner of NRG eSports - had to say about the situation.

The spot is apparently going for $1.8 million. 

And it's only going higher.

In the next 2 months you'll hear about some more major investments - sorry again, I have to keep confidential information confidential.

Based on the last 6 months of this year, I'm not even sure if i should keep updating this chart because every Sports League will invest in eSports.

The MLS and and NFL will get it soon - but that's another story.