League of Legends pro squad Team Impulse is for sale
Sat on a Brewster's Millions-style cash pile and no idea how to blow it fast? Maybe it's time to think about buying an esports team—like Team Impulse, for instance, which is now up for sale, along with its spot in the 2016 League of Legends Championship Series.
Team Impulse COO Alex Gu told GameSpot that thoughts of a sale first came up in September, but the decision wasn't made until last week. It follows a rough 2015 LCS season in which Team Impulse failed to qualify for the World Championships, finishing fourth at the LCS Summer Playoffs and falling to Cloud9 in the Regional Qualifier. The asking price isn't public, but the team hopes to get a deal done quickly so the new ownership can get things lined up—including the roster—in advance of the 2016 season.
"We want to shift the ownership from the team to a local investor ideally," a Team Impulse rep said in an email sent to Kotaku confirming the sale. "We are currently performing due diligence and having some conversations. We hope to announce a successful strategic transaction soon."
The rep said that more than 50 people have already "reached out," but if you're feeling deep-pocketed and want to take your own run at the bigs, you can express your interest via the contact link at teamimpulse.gg.
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Andy has been gaming on PCs from the very beginning, starting as a youngster with text adventures and primitive action games on a cassette-based TRS80. From there he graduated to the glory days of Sierra Online adventures and Microprose sims, ran a local BBS, learned how to build PCs, and developed a longstanding love of RPGs, immersive sims, and shooters. He began writing videogame news in 2007 for The Escapist and somehow managed to avoid getting fired until 2014, when he joined the storied ranks of PC Gamer. He covers all aspects of the industry, from new game announcements and patch notes to legal disputes, Twitch beefs, esports, and Henry Cavill. Lots of Henry Cavill.
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