FTX Strikes 7-Year Deal With League of Legends’ Riot Games

FTX Strikes 7-Year Deal With League of Legends’ Riot Games

Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends.

  • The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) – North America's pre-eminent tournament for the game.
  • Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed.
  • Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen.
  • Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats.
  • Additionally, FTX will directly sponsor the LCS's "Most Improved Player Award."
  • In June, FTX acquired the naming rights for esports team TSM in a $210 million deal. TSM began as a League of Legends website and playing guide resource in 2009.
  • League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world's most popular games, data show.
  • Source