A statement ascribed to all 10 of the franchised teams in the League of Legends Champions Korea league states that they’ve been unable to grow the league’s business value over the past three years.
“Despite continuous growth since the inception of the LCK league, the LCK league corporation has not increased the league’s business value over the past three years,” the Jan. 16 statement reads. “The revenue distribution for teams has been decreasing every year, and the revenue target proposed has never been achieved.”