League of Legends – New stream deal is worth at least USD 300 million

Riot Games announced it has signed a long-term partnership with BAMTech, a subsidiary of MLB Advanced Media, for the monetization and commercialization of League of Legends esports, according to Yahoo. The deal will run to the 2023 season, and is worth an average of USD 50 million per year. The cash-strapped teams must be wondering if any of the cash will trickle down to them.