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Active: 911 users

TSM pausing esports and CLG Dead

Forum Index > LoL General
Post a Reply
lestye
Profile Blog Joined August 2010
United States4163 Posts
April 04 2023 06:55 GMT
#1
So Travis and others are reporting that CLG is dead and TSM is pausing their esports ventures.



https://www.sportsbusinessjournal.com/Daily/Issues/2023/03/31/Esports/tsm-esports-league-of-legends-championship-series.aspx


It's kinda terrifying these 2 former rivals and juggernauts of LoL are dying. Its truly the end of an era since they've have such a storied past since esports really took off in NA in 2010-2011.
"You guys are just edgelords. Embrace your inner weeb desu" -Zergneedsfood
Nirli
Profile Joined February 2023
Bulgaria369 Posts
April 04 2023 14:57 GMT
#2
Wild that the highest level of LoL was HotshotGG styling on noobs in soloq with Nidalee.
Sermokala
Profile Blog Joined November 2010
United States13924 Posts
April 04 2023 16:31 GMT
#3
This is just sad all around, All good things but things will just never be the same without them.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
Cyro
Profile Blog Joined June 2011
United Kingdom20285 Posts
April 05 2023 19:48 GMT
#4
What's up, is MOBA crashing recently?
"oh my god my overclock... I got a single WHEA error on the 23rd hour, 9 minutes" -Belial88
lestye
Profile Blog Joined August 2010
United States4163 Posts
April 05 2023 21:23 GMT
#5
On April 06 2023 04:48 Cyro wrote:
What's up, is MOBA crashing recently?

I think its the LCS dying and there's been talk of the esports bubble popping. Money is drying up and the Big Tech industry are downsizing. And I think people attribute to Faze losing like 90% of their value on the stock market kinda proves there's so much overevaluation on esports brands.
"You guys are just edgelords. Embrace your inner weeb desu" -Zergneedsfood
DarkCore
Profile Joined March 2011
Germany4194 Posts
April 06 2023 15:15 GMT
#6
I don't think it has anything to do with Big Tech, it has to do with the fact that some of these esport teams signed insane contracts with cryptocurrency companies, and that money dried up really fast (FTX...). Esports def experienced a money bubble, it is harder to commercialize a scene that involves people sitting at home rather than going to a stadium and buying merchandise directly. VC is realizing that and isn't going to throw endless money at teams anymore, not in this market.
Fixed a bug where LeBlanc could lose
XenOsky
Profile Blog Joined March 2008
Chile2269 Posts
Last Edited: 2023-04-09 01:36:30
April 09 2023 01:35 GMT
#7
TSM represents everything thats wrong with the na esports scene...
StarCraft & Audax Italiano.
lestye
Profile Blog Joined August 2010
United States4163 Posts
April 10 2023 06:36 GMT
#8
On April 07 2023 00:15 DarkCore wrote:
I don't think it has anything to do with Big Tech, it has to do with the fact that some of these esport teams signed insane contracts with cryptocurrency companies, and that money dried up really fast (FTX...). Esports def experienced a money bubble, it is harder to commercialize a scene that involves people sitting at home rather than going to a stadium and buying merchandise directly. VC is realizing that and isn't going to throw endless money at teams anymore, not in this market.

I think Imeant to say VC money as the cause.Pointing to Big Tech since they’re going through the same problems. I hope TL Pro keeps doing well. It seems they have way better teams but they’re probably hurting.

I saw some blogpost somewhere that we’re probably going to see esports orgs work more like talent agencies (like vtuber or idol agencies) now. Granted that’s been the case for years, I think C9 was the first org to hire personalities as part of their org.
"You guys are just edgelords. Embrace your inner weeb desu" -Zergneedsfood
Akio
Profile Blog Joined January 2019
Finland1838 Posts
April 30 2023 11:31 GMT
#9
Bjergsen retiring and now this, truly the end of an era. Future doesn't look bright for NA LCS, althought that's been the case for many years now I guess. I don't know about the rest of the regions, obviously LPL will always have a billion viewers but is LEC still doing well?
Mine gas, build tanks.
cLutZ
Profile Joined November 2010
United States19574 Posts
May 21 2023 22:55 GMT
#10
Now we are hearing TSM is going to China
Freeeeeeedom
GTR
Profile Blog Joined September 2004
51446 Posts
May 22 2023 00:17 GMT
#11
is TSM even a big brand in china? i remember when LMQ were in the LCS for a couple of seasons but barely had any traction fan-wise so they sold their slot eventually.
Commentator
Hollyya
Profile Joined June 2023
1 Post
Last Edited: 2023-06-15 08:33:40
June 13 2023 15:58 GMT
#12
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