Report: Immortals complete Infinite buyout; will keep OpTic Gaming brand MLGOverwatch franchise, Houston Outlaws, has been in doubt for a number of weeks as numerous reports suggested that Immortals and current OpTic Gaming CEO Hector \u2018H3CZ\u2019 Rodriguez were in a bidding war for Infinite. On June 7 ESPN\u2019s Jacob Wolf published a report stating that sources familiar with the deal had confirmed that Immortals Gaming Club had won the bid, acquiring Infinite Esports and Entertainment \u201cfor cash and equity worth $35 to $45 million.\u201d H3CZ\u2019s bid for Infinite Esports & Entertainment was reportedly beaten by Immortals. With the deal done, Immortals Gaming Club will also take control of OpTic Gaming and their League of Legends LCS slot but will reportedly have to facilitate a sale for the Houston Outlaws due to Immortals already owning the Los Angeles Valiant franchise in the Overwatch League. As for the future of OpTic Gaming\u2019s other teams and the brand itself, Wolf reports that Immortals will have to complete payments for Infinite\u2019s 2017 purchase of 90% of the company for a reported sum of $17 million. OpTic Gaming will now be added to Immortals Gaming Club\u2019s ever-growing portfolio of esports organizations, teams and businesses which include MIBR, Los Angeles Valiant and Immortals themselves. Wolf states that Immortals are currently in discussions about purchasing a franchise spot for the Call of Duty World League in 2020, presumably hoping to attach the OpTic name to one of the city-based league spots. Read More: Censor continues to take shots at Crimsix \u2013 \u201cWhen money\u2019s on the line, I\u2019ll always beat you\u201d – OpTic\u2019s minority owner, and longtime CEO, H3CZ reportedly \u201cmet with Leibman and Immortals CEO Ari Segal in Frisco, Texas,\u201d to \u201cdiscuss Rodriguez\u2019s potential involvement in the OpTic Gaming franchise moving forward\u201d on May 15 but whether or not that involvement will continue is currently undetermined. With H3CZ\u2019s ongoing involvement anything but certain, the future of the OpTic Gaming brand remains up in the air. The future of the CS:GO roster is also uncertain given the fact that Immortals already own the MIBR Counter-Strike roster after purchasing the brand in 2018. For members of the Green Wall, OpTic\u2019s ever loyal and vocal fanbase, answers about the future and confirmation of ESPN\u2019s report will be waited upon with bated breath.<\/p>\n","protected":false},"excerpt":{"rendered":"
Report: Immortals complete Infinite buyout; will keep OpTic Gaming brand MLGOverwatch franchise, Houston Outlaws, has been in doubt for a number of weeks as numerous reports suggested that Immortals and current OpTic Gaming CEO Hector \u2018H3CZ\u2019 Rodriguez were in a bidding war for Infinite. On June 7 ESPN\u2019s Jacob Wolf published a report stating that […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30851","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/30851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=30851"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/30851\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=30851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=30851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=30851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}