PSG esports LoL department finalized an agreement between Paris Saint-Germain esports and H2K that will see the two companies co-apply for a franchise slot in the European League of Legends Championship Series, according to ESPN.

Similar to PSG esports deal with LGD Gaming in the Dota 2 scene, which has shown as a successful partnership past few months. PSG.LGD Dota 2 team has finished second in The International 2018, granting them $4 million. Read PSG esports PSG.LGD secure TOP 3 at TI8

Together, H2K and Paris Saint-Germain are among about two dozen applicants in the second stage of the EU LCS franchising process. If accepted, PSG esports LoL will be involved into League of Legends for the first time since it exited the esports in October 2017 after multiple failed attempts to promote into the league from the Challenger Series.

The league is expected to select the teams in October.

The European League Championship Series

The European League Championship Series has announced that it will switch to a franchise in March. The prize of the franchise will be $9.27 million dollars for teams participating in the championship, and $12.17 million dollars) for new teams joining the league become. For the first time in the history of the league, revenue sharing opportunities for teams and players are available.

H2K was one of the few teams in The European League Championship Series that spoke clearly about the financial structure of the league; H2K considered this unfavorable for the business. Following H2K’s statement in September 2017, Unicorns of Love owner Jos Mallant also wrote an open letter describing the financial difficulties of teams like his own participating in the European League Championships. Four teams – G2 Esports, Fnatic, Misfits and Splyce – both competed for the North American League Championship in July 2017, but were rejected in August and September 2017.

Riot wanted to try a 24-man regional league that would reflect the EChampions League. This league proposal would have divided the league into four regions: London, Paris, Berlin and Barcelona, ​​Spain. However, Riot gave up on this model after more hesitation and concern over the possibility of launching four small leagues of consistent quality in less than two years. He then took a more traditional approach in the franchise league.

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