The most valuable Baseball team has decided to invest into esports. They have invested into Echo Fox, which recently secured a position at the upcoming LCS. Echo Fox were in competition with Immortals for a spot at the LCS in the upcoming Year. Riot Gaming has put forth several conditions for the interested parties. This includes having adequate economic viability to invest into League of Legends. With Immortals and other companies investing into Overwatch League, their finances were not considered appropriate for the upcoming season.
Source : Forbes