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LCK teams have won five League of Legends World Championships, more than any other region. The LCK did not disclose entry fees in its announcement. The European league asked its ten long-term partners to pay €8M ($9.2M) – €10.5M ($12M) over a period of time, while the North American league asked for $8-$13M, with the higher costs required by competition newcomers.
#Create korean lol account pro#
Conversely, the Chinese League of Legends Pro League (LPL) allows new teams to bid for expansion slots each year, and compete from their own venues across the country. It is similar to the model of North American franchised sports, only team brands are not unique to the league, and there are no territorial rights. This is the fifth league to introduce such a system, following North America, Europe, Turkey, and Brazil (the latter also to transition in 2021). The final teams will be announced in late September. Applicants will be judged on criteria such as fanbase expansion, player recruitment and training, and financial capital.
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The league, which currently plays out of the LOL Park studio in Seoul, will invite prospective team owners to initially submit letters of intent by May 8, with full applications-including business plans, team management plans, financials, and other required documents-by June 19. Partner teams will share in league revenue, and players will be guaranteed a minimum annual salary of ₩ 60M KRW ($48.8K USD). The long held relegation-promotion system will be removed, with an academy league set up.
#Create korean lol account professional#
The League of Legends Champions Korea (LCK) is following suit of other professional circuits by inviting teams to apply for a long-term partnership model. Unlike the North American and European leagues, which asked teams for $10M-$13M, the entry fee for the Korean league has not been publicly disclosed.Promotion and relegation will be removed, teams will share in league revenue, and players will be paid a minimum of ₩ 60M KRW ($48.8K USD) annually.The top professional League of Legends competition in South Korea is inviting teams to apply for a new partnership model, launching in the 2021 season.
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