{"id":133194,"date":"2022-12-27T15:00:32","date_gmt":"2022-12-27T15:00:32","guid":{"rendered":"https:\/\/esportsinsider.com\/?p=133194"},"modified":"2023-01-03T15:09:12","modified_gmt":"2023-01-03T15:09:12","slug":"reviewing-league-of-legends-industry-2022","status":"publish","type":"post","link":"https:\/\/esportsinsider.com\/2022\/12\/reviewing-league-of-legends-industry-2022","title":{"rendered":"Reviewing the League of Legends industry in 2022"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481968053_3e993fa76e_c.jpg\" alt=\"\" class=\"wp-image-133206\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481968053_3e993fa76e_c.jpg 800w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481968053_3e993fa76e_c-medium.jpg 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481968053_3e993fa76e_c-medium_large.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\">Image credit: Marv Watson\/Riot Games<\/figcaption><\/figure>\n\n\n<div id=\"esi-paragraph-67d8a4674b207\" class=\"esi-paragraph \">\n    \n<p>With new partners, teams and hyped marketing activations, competitive League of Legends showed in 2022 that it remains in constant development and will continue at the top for years to come.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a4674bbb5\" class=\"esi-paragraph \">\n    \n<p>It really goes to show that a 10-year-old esports scene is not immune to significant changes.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a4674c428\" class=\"esi-paragraph \">\n    \n<p>Esports Insider looked at some of the most important business-related moments from Riot Games\u2019 League of Legends franchises, featuring developments from the LCS, LEC, CBLOL, LCK, and Liga Latinoam\u00e9rica (LLA).&nbsp;&nbsp;&nbsp;<\/p>\n\n  <\/div>\n\n\n<div class=\"keep-reading \"  id=\"kr-67d8a4674d6b6\">\n  <div class=\"heading\">Keep Reading<\/div>\n  <ul class=\"d-flex flex-column\">\n          <li id=\"post-131640\" style=\"order: 1;\"><a href=\"https:\/\/esportsinsider.com\/2022\/11\/lec-expands-to-integrate-entire-emea-region\" target=\"_blank\">LEC expands, rebrands to integrate entire EMEA region<\/a><\/li>\n          <li id=\"post-130557\" style=\"order: 2;\"><a href=\"https:\/\/esportsinsider.com\/2022\/11\/2022-league-of-legends-world-championships-becomes-the-games-most-watched-event-ever\" target=\"_blank\">2022 League of Legends World Championships becomes the game&#8217;s most-watched event ever<\/a><\/li>\n          <li id=\"post-127693\" style=\"order: 3;\"><a href=\"https:\/\/esportsinsider.com\/2022\/09\/riot-games-appoints-lil-nas-x-president-of-league-of-legends\" target=\"_blank\">Riot Games names Lil Nas X &#8216;President&#8217; of League of Legends<\/a><\/li>\n      <\/ul>\n<\/div>\n\n\n<div id=\"esi-heading-67d8a4674e848\" class=\"esi-heading \">\n  \n<h2><span id=\"a_year_of_announcing_transitionsnbsp\">A year of announcing transitions&nbsp;<\/span><\/h2>\n\n<\/div>\n\n\n<div id=\"esi-paragraph-67d8a4674eff5\" class=\"esi-paragraph \">\n    \n<p>Interestingly, some of the biggest stories and developments in League of Legends this year included major preparations for 2023. Starting with North America, LCS Academy and Proving Grounds were merged and revamped to constitute the <a href=\"https:\/\/esportsinsider.com\/2022\/11\/lcs-north-american-challengers-league-nacl\">North American Challengers League (NACL)<\/a>, consisting of 10 Fixed teams, which are the ten former academy teams from the LCS franchise, and six \u2018Provisional\u2019 teams.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a4674f776\" class=\"esi-paragraph \">\n    \n<p>According to Riot\u2019s announcement, the changes aim to improve the regional talent infrastructure over the long term. Changes will be effective from 2023.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a4674fed9\" class=\"esi-paragraph \">\n    \n<p>The <a href=\"https:\/\/esportsinsider.com\/2022\/11\/lec-expands-to-integrate-entire-emea-region\">LEC also announced a major revamp in its structure<\/a>. Instead of being the League of Legends European Championship, LEC now stands for League of Legends EMEA Championship. The Middle East and Africa, therefore, will be integrated into the same league from 2023.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46750647\" class=\"esi-paragraph \">\n    \n<p>In the official announcement, Riot Games said that the decision of merging regions for a wider competition is not definitive, but if results are satisfactory other regions may undergo the same process. This also resulted in the TCL, Turkey&#8217;s major region, now becoming a European Regional League for the foreseeable future.&nbsp;<\/p>\n\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/esportsinsider.com\/events\/esi-next-gen\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa-large.png\" alt=\"ESI Next Gen\" class=\"wp-image-132619\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa-large.png 1024w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa-medium.png 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa-medium_large.png 768w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa-1536x768.png 1536w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/ESINextGen-639349c33c7fa.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Esports Insider has teamed up with the University of Warwick for ESI Next Gen. To find out more, <a href=\"https:\/\/esportsinsider.com\/events\/esi-next-gen\" target=\"_blank\" rel=\"noreferrer noopener\">click here<\/a>.<\/figcaption><\/figure>\n\n\n<div id=\"esi-paragraph-67d8a46750f22\" class=\"esi-paragraph \">\n    \n<p>An administrative change announced in May for the LCK affected the region\u2019s agents, transfers and rookies. Three new policies, named Rookie Development Clause, LCK Agent Certification and the LCK Pre-contract Policy, were implemented to regulate the local market and, according to the announcement, build a \u2018sustainable cycle ecosystem\u2019. <a href=\"https:\/\/esportsinsider.com\/2022\/07\/lck-new-policies\" target=\"_blank\" rel=\"noreferrer noopener\">You can check details in this link<\/a>.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a467516a2\" class=\"esi-paragraph \">\n    \n<p>The latest structural change from Riot Games affected the whole League of Legends scene as from 2023 all leagues will have new starting times and days of broadcast to fit in with the VALORANT Champions Tour. According to the company, this will allow a wider variety of formats and options for broadcasting. Let\u2019s see how such an experiment will result in the next season. For further <a href=\"https:\/\/esportsinsider.com\/2022\/12\/riot-games-2023-valorant-lol-broadcast-schedule\" target=\"_blank\" rel=\"noreferrer noopener\">details check here<\/a>.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-heading-67d8a46751e4b\" class=\"esi-heading \">\n  \n<h2><span id=\"partnerships_take_centre_stage\">Partnerships take centre stage<\/span><\/h2>\n\n<\/div>\n\n\n<div id=\"esi-paragraph-67d8a467525c9\" class=\"esi-paragraph \">\n    \n<p>2022 can be considered a prolific year in terms of partnerships, particularly for LEC. At the beginning of the year, the league announced LG UltraGear as its monitor partner, while also renewing deals with Secretlab, Red Bull, automotive brand KIA and Warner Music.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46752d30\" class=\"esi-paragraph \">\n    \n<p>Later, Santander joined the LoL scene as one of its main global partners. The bank signed a <a href=\"https:\/\/esportsinsider.com\/2022\/04\/riot-games-brazil-inks-five-year-deal-with-santander\" target=\"_blank\" rel=\"noreferrer noopener\">five-year deal with CBLOL<\/a> in April, and then in June added three-year deals with LEC and LLA. The announcement of the deal came with an <a href=\"https:\/\/esportsinsider.com\/2022\/06\/interview-santander-riot-lec-lla-partnership\" target=\"_blank\" rel=\"noreferrer noopener\">exclusive interview for Esports Insider<\/a>. Other relevant deals signed by LLA in 2022 include Pepsi and Red Bull.<\/p>\n\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2-large.jpg\" alt=\"\" class=\"wp-image-133209\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2-large.jpg 1024w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2-medium.jpg 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2-medium_large.jpg 768w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2-1536x864.jpg 1536w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/Heineken-CBLOL-2.jpg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Heineken&#8217;s halftime show at CBLOL finals. Image credit: Victor Frascarelli\/Esports Insider<\/figcaption><\/figure>\n\n\n<div id=\"esi-paragraph-67d8a467535d0\" class=\"esi-paragraph \">\n    \n<p>CBLOL and LLA had something else in common when speaking about partnerships: Both signed beer brands as sponsors. In February, the <a href=\"https:\/\/esportsinsider.com\/2022\/02\/riot-games-lla-ab-inbev\" target=\"_blank\" rel=\"noreferrer noopener\">Latin American League added AB InBev<\/a> as a partner and brand activations for brands like Budweiser were made in Mexico, Colombia, Chile and Argentina. The Brazilian league then signed Heineken as one of its main partners, promoting the non-alcoholic product Heineken 0.0 even in the halftime show during its Split 2 finals.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46753d3c\" class=\"esi-paragraph \">\n    \n<p>However, it was not all roses for the scene. Crypto exchange FTX, one of LCS\u2019s current biggest contracts, went bankrupt in November, ending a seven-year deal that was only established in August 2021.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a467545e9\" class=\"esi-paragraph \">\n    \n<p>On the other hand, a true longtime partner of the League of Legends scene, <a href=\"https:\/\/esportsinsider.com\/2022\/10\/mastercard-and-riot-games-extend-global-league-of-legends-partnership\" target=\"_blank\" rel=\"noreferrer noopener\">Mastercard, made sure to renew its deal with Riot Games<\/a> in October, during the 2022 League of Legends World Championship.&nbsp;<\/p>\n\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"728\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min-large.jpg\" alt=\"Lil Nas X esports\" class=\"wp-image-127695\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min-large.jpg 1024w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min-medium.jpg 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min-medium_large.jpg 768w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min-1536x1093.jpg 1536w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/09\/LNX-01-min.jpg 1687w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Image credit: Lil Nas X<\/figcaption><\/figure>\n\n\n<div id=\"esi-paragraph-67d8a46754e79\" class=\"esi-paragraph \">\n    \n<p>Speaking of the Worlds 2022, one of the most impactful partnerships of the year in the LoL scene was the one between <a href=\"https:\/\/esportsinsider.com\/2022\/09\/riot-games-appoints-lil-nas-x-president-of-league-of-legends\" target=\"_blank\" rel=\"noreferrer noopener\">Riot Games and Lil Nas X<\/a>. The American rapper was announced as the \u201cPresident of League of Legends\u201d in a marketing activation and created the theme song for the world tournament, named STAR WALKIN\u2019.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a467555f6\" class=\"esi-paragraph \">\n    \n<p>The Worlds 2022 hype did not stop there, with the event increasing its appeal through a <a href=\"https:\/\/esportsinsider.com\/2022\/08\/tiffany-co-partners-with-riot-games-to-redesign-worlds-2022-summoners-cup\" target=\"_blank\" rel=\"noreferrer noopener\">partnership between Riot Games and Tiffany &amp; Co<\/a>. The jewellery brand was responsible for designing a brand new trophy for the competition.&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46755d59\" class=\"esi-paragraph \">\n    \n<p>Despite the fact that Worlds 2022 was exhibited in an uncomfortable time for Asia, which holds a wide legion of fans, the efforts by Riot Games in promoting the competition paid off, and the event became the most-watched League of Legends event of all time according to Esports Charts. It\u2019s important to note that this is excluding Chinese fans though, a prominent market for League of Legends.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a467564cf\" class=\"esi-paragraph \">\n    \n<p>Riot made it more appealing for the East to watch its previous next international event with the Mid-Season Invitational. However, it seems a focus remains on the West with <a href=\"https:\/\/esportsinsider.com\/2022\/12\/msi-2023-league-of-legends-london\" target=\"_blank\" rel=\"noreferrer noopener\">MSI 2023 heading to London<\/a>, according to a report by Esports News UK.<\/p>\n\n  <\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481016363_4fc65ffb05_c.jpg\" alt=\"Deft trophy Worlds 2022\" class=\"wp-image-133207\" srcset=\"https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481016363_4fc65ffb05_c.jpg 800w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481016363_4fc65ffb05_c-medium.jpg 300w, https:\/\/esportsinsider.com\/wp-content\/uploads\/2022\/12\/52481016363_4fc65ffb05_c-medium_large.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\">Kim &#8220;Deft&#8221; Hyuk-kyu of DRX poses with the trophy designed by Tiffany &amp; Co. Image credit: Colin Young-Wolff\/Riot Games<\/figcaption><\/figure>\n\n\n<div id=\"esi-heading-67d8a46756d7f\" class=\"esi-heading \">\n  \n<h2><span id=\"franchises_continue_to_shift\">Franchises continue to shift<\/span><\/h2>\n\n<\/div>\n\n\n<div id=\"esi-paragraph-67d8a46757512\" class=\"esi-paragraph \">\n    \n<p>Regarding Riot Games\u2019 League of Legends franchises, there was a change of ownership in the LCS with <a href=\"https:\/\/esportsinsider.com\/2022\/09\/flyquest-acquired-by-nhl-florida-panthers-owners\" target=\"_blank\" rel=\"noreferrer noopener\">FlyQuest being acquired by the Viola family office<\/a>, the owners of NHL team Florida Panthers, but overall CBLOL and LEC presented the most significant changes. In the LEC, Misfits sold its spot to Team Heretics but has still retained around 20% of it. The share bought by Team Heretics is estimated at $34m-$36m (~\u00a328m-\u00a329m at the time).&nbsp;<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46757c84\" class=\"esi-paragraph \">\n    \n<p>A brand new franchise has entered the LEC game with KOI reaching <a href=\"https:\/\/esportsinsider.com\/2022\/10\/rogue-koi-partnership\" target=\"_blank\" rel=\"noreferrer noopener\">a deal with Rogue<\/a> to compete in the league in 2023. Fans of the former LEC champions might be happy to also know that Rogue will retain its management structure and operations under the new brand.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46758405\" class=\"esi-paragraph \">\n    \n<p>In the Brazilian league, Los Grandes bought the operations of the US company Simplicity Esports in Brazil, which included a spot in the franchise. Simplicity held a brand licensing deal with the football club Clube de Regatas do Flamengo and used the tag Flamengo Esports in CBLOL, which led Los Grandes to honour the contract and compete as Flamengo Los Grandes for the rest of 2022. As the agreement finishes in 2023, the team will now compete only as Los Grandes.<\/p>\n\n  <\/div>\n\n\n\n\n<div id=\"esi-paragraph-67d8a46758be9\" class=\"esi-paragraph \">\n    \n<p>Two other changes happened in Brazil when esports organisation Fluxo bought Rensga Esports\u2019 spot and Vivo Keyd Stars bought the franchise that previously belonged to Netshoes Miners. As such Keyd and Fluxo will play the CBLOL from 2023. According to a source, the transaction with Miners cost Keyd about $2m (~\u00a31.66m at the time). Although it is not really a franchise, it is worth mentioning Riot Games\u2019 approach to the women\u2019s League of Legends with the <a href=\"https:\/\/esportsinsider.com\/2022\/09\/riot-games-launch-two-new-womens-tournaments-in-brazil\" target=\"_blank\" rel=\"noreferrer noopener\">Ignis Cup<\/a> in Brazil and the <a href=\"https:\/\/esportsinsider.com\/2022\/11\/riot-games-launches-rising-stars-womens-league-of-legends-tournament-in-europe\" target=\"_blank\" rel=\"noreferrer noopener\">Rising Stars<\/a> tournament in Europe.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a4675936c\" class=\"esi-paragraph \">\n    \n<p>All the franchising moves do point to increasing investment in the scene, despite economic concerns for esports in 2023. Teams that join League of Legends\u2019 circuits not only seek notoriety and financial outcome that a franchising model provides, but it also brings some semblance of stability to the organisations involved in it.<\/p>\n\n  <\/div>\n\n\n<div id=\"esi-paragraph-67d8a46759ad5\" class=\"esi-paragraph \">\n    \n<p>It is heavy, demanding, and expensive work to be competitive in League of Legends, but it has also proved to be solid ground to step on. Even after 10 years, it is still appropriate to say that 2023 is a promising year for League of Legends Esports.<\/p>\n\n  <\/div>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Image credit: Marv Watson\/Riot Games With new partners, teams and hyped marketing activations, competitive League of Legends showed in 2022 that it remains in constant development and will continue at the top for years to come.&nbsp; It really goes to show that a 10-year-old esports scene is not immune to significant changes.&nbsp; Esports Insider looked &hellip; <a href=\"https:\/\/esportsinsider.com\/2022\/12\/reviewing-league-of-legends-industry-2022\">Continued<\/a><\/p>\n","protected":false},"author":104,"featured_media":133206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","esi_template":"default","excluded":false,"footnotes":""},"categories":[242,239,50,8717,5283,58,240,8713,241],"tags":[40,9955,132,217,273,11967],"class_list":["post-133194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-europe","category-features","category-insights","category-investments","category-lol","category-north-america","category-partnerships-sponsorships","category-south-america","tag-esports","tag-esports-partnership","tag-league-of-legends","tag-lol","tag-riot-games","tag-worlds-2022"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Reviewing the League of Legends industry in 2022<\/title>\n<meta name=\"description\" content=\"Esports Insider looked at some of the most important business-related moments from Riot Games\u2019 League of Legends franchises.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/esportsinsider.com\/2022\/12\/reviewing-league-of-legends-industry-2022\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reviewing the League of Legends industry in 2022\" \/>\n<meta property=\"og:description\" content=\"Esports Insider looked at some of the most important business-related moments from Riot Games\u2019 League of Legends franchises.\" \/>\n<meta property=\"og:url\" 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