BAMTech paying $300M for 'League of Legends' e-sports rights

This deal initially came to light when Turner Esports Contributing Editor Richard Lewis reported on a leaked document in November about the BAMTech and Riot Games deal.

While BAMTech will reportedly handle the streaming of League of Legends competitions, as well as advertising and sponsorship, and intend to create a mobile app for viewers to watch via, games will continue to be streamed on Twitch as they have been in the past.

Major League Baseball's technology services company BAMTech signed an exclusive streaming rights deal with gaming publisher Riot Games for a minimum of $300 million, according to the Wall Street Journal. Bowman pointed out that the amount of time registered through official League of Legends streaming channels is greater than any other sport in the world.

The new deal gives BAMTech the exclusive rights to stream and monetize League of Legends through 2023.

"This is a game changer for our sport". "We want our sport to be funded by itself and we think this deal is going to help us get there". In BAMTech, we have found a partner equally committed to building professional League of Legends towards the lasting future we believe in for teams, players and fans. Banking on earnings generated by advertisements and sponsorships, BAMTech and Riot together seek to take their financial success several steps further. "We're honored by their faith and belief in our sport".

"We deliberately designed our events, on the other hand, to be inclusive experience for all of our fans, even our World Championship", Riot Vice President of E-Sports Dustin Beck said at the 2016 Game Developers Conference.

BAMTech is a subsidiary of MLB Advanced Media which functions as an online interactive unit for 30 Major League Baseball club owners. While the deal appears to be about streaming, rather than broadcasting, ESPN is owned by Disney.


  • These were the top searches on Google in 2016

    Overall top results would include searches for everyday activities like Facebook, Google and Gmail. Manchester United's record signing Paul Pogba was the most searched for football player.

    India enters finals of Junior Hockey World Cup

    "Our players will bring their best hockey in the most important match of the competition", Oltmans was quoted as saying to PTI . Belgium's goalkeeper Loic van Doren put up a stellar performance to set up this upset in the Junior Hockey World Cup 2016.
    Jamie Vardy sees red as Leicester come from two down to draw

    Jamie Vardy sees red as Leicester come from two down to draw

    Giannelli Imbula's strike bounced off the post and rebounded off Schmeichel's back, presenting Allen with a simple finish. Leicester boss Claudio Ranieri was furious with Pawson at half-time, but Hughes can not understand why.
  • Wreaths Across America ceremony set for Saturday

    Wreaths Across America ceremony set for Saturday

    This is Farone's first year participating in National Wreaths Across America Day and he said he hopes to make this a yearly event. A Remembering Our Veterans campaign is under way to raise funds for wreaths for Center Cemetery in New Milford.

    Aamir Khan hails demonetisation, says all must support PM Modi

    Despite loving the movie, Rajini can not lend his voice to the Tamil version of the film as "his voice is too recognisable". Aamir Khan , who is known to be choosy for his films, is now gearing up for his upcoming release, Dangal .

    New Orleans Pelicans at Houston Rockets

    James Harden leads the way with his second straight triple-double as the Rockets set a new National Basketball Association record. Ryan Anderson made Houston's 24th three-pointer with 32 seconds remaining, and the Toyota Center crowd roared in celebration.
  • Rupert Murdoch's Fox makes formal £11.7bn bid to take over Sky

    After winning the backing of Sky's independent directors, Fox will need to secure regulatory approval in Europe and Britain. The Secretary of State for Culture Media and Sport, Karen Bradley has 10 days to decide whether to take that option.
    TD raises mortgage rates for third time in a month

    TD raises mortgage rates for third time in a month

    Anticipated tax cuts and increased government spending to upgrade roads, bridges and airports could stoke inflation. This 3-bedroom home at 85-124 Plantation Road in Waianae was listed for sale at $238,000 and was in escrow.
    Ibrahimovic at the double as United soar

    Ibrahimovic at the double as United soar

    The 35-year-old Ibrahimovic, a free signing in the offseason, is looking ageless with 10 goals in nine games in all competitions. United made the flawless start, going ahead early with a stylish, slick move rarely seen since Sir Alex Ferguson's departure.
  • RNC announces Romney McDaniel to head RNC

    So with Priebus's exit, McDaniel would be the new leader of the RNC with Paduchik as her No. 2. Mr Trump said he looked forward to Ms McDaniel taking over the party leadership.

    Why Christmas with the Queen Is a 'Tall Order' for Meghan Markle

    News of the royal and his relationship with the biracial actress first went public in October. He smelled one of the berries and said it "smelled a bit weird" and Meghan said she liked it.

    Oakland bird count expected to be largest in world

    They also record some information about their efforts - how long they were counting or how far they drove. The Winter Bird Count for the Rouge Valley is coming soon, and spots for would-be birders are filling up.


Other news