Schalke officially sells LEC slot to Team BDS for $32.6 million – The Esports Observer

Schalke 04 has officially announced the sale of its LEC slot to Swiss soccer club Team BDS for €26.5 million ($32.6 million USD). Riot Games has accepted the sale, putting out its own statement welcoming Team BDS to the league.

Schalke had been open about its decision to sell the franchise slot due challenges stemming from the COVID-19 pandemic and the relegation of its soccer club.

The Schalke 04 brand will remain a part of the LEC until the end of the 2021 season, with Team BDS debuting in Spring 2022.

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