Mike Stubbs . Business . Tuesday 13th December 2016 . 10:37
After a poor first year in League of Legends NRG Esports has sold its spot in the North American Challenger Series.
J2K Esports and Technology is the party buying the spot, and they will be fielding a team known as Gold Coin United in the Challenger Series Spring Split. J2K is owned by James Kuhn and his son, Jake Kuhn, who made their money in real estate. This is their first major step into eSports.
"Whilst this was a difficult decision to make, ultimately we wanted to focus our efforts on key titles outside of League of Legends," said NRG president Brett Lautenbach. "We have the highest level of commitment to our current rosters and want to give them all the attention they deserve. We wish J2K well in Challenger. To our League of Legends fans, thank you for all of your support. We look forward to one day fielding a roster you will be proud of."
There is no word on how much the deal is worth, or any of the players that will be the new team.