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Friday, 02/25/2022 12:37:11 AM

Friday, February 25, 2022 12:37:11 AM

Post# of 3703
2021 is the year the Brazilian League of Legends Championship (CBLoL) officially becomes a franchise. The 10 selected teams were announced by Riot Games in October, and each one has a franchise fee of $4M BRL (roughly $790K USD) to be paid. The Esports Observer contacted Riot Games in Brazil to learn more details on the financial terms for the franchised organizations regarding payments and earnings.

Riot said that, for the franchise fee, “the payment will be made in annual installments, so it does not strongly impact the investment capacity of the teams in the first year of CBLoL, when we understand that there are several fundamental investments to be made to make the plans and business strategy of the teams viable. We cannot disclose the number of installments because it is confidential information
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