In League of Legends , young players rise to become professionals after years of training, but careers can end quickly. According to an online magazine’s report, a Brazilian professional team now has to let go of 4 players, as their sponsor, a crypto exchange, has apparently fallen into a crisis. The players have to suffer the consequences. According to the crypto exchange, they are doing great.
Which team is it about?
- It is about the Brazilian e-sports team “Rensga Esports”. They compete in the Brazilian professional league CBLOL: Brazil is considered a growth market in gaming.
- At “Rensga Esports”, 2 South Koreans play as top laner and supporter. The other spots are filled by Brazilians.
- But now 4 players are supposedly to be let go.
Bottom of the league and the main sponsor is betting on Bitcoin
Why are players being fired? Things are currently going doubly bad for Rensga Esports:
- They are in last place in the league with a record of 1-5.
- Furthermore, their biggest sponsor is a Brazilian crypto exchange, BitPreço. They are so closely associated with the team that they even appear in the name: A similar deal has been made by Team SoloMid with a crypto exchange.
- However, the Brazilian crypto exchange has strongly committed to the cryptocurrency Bitcoin and Bitcoin is in a crisis: The currency has lost over 53% of its value in the last 6 months.
Hopefully, there will never be such news about LoL teams from Germany:
Team allegedly dismisses experienced players and Korea imports
These are the planned changes: As reported by the Brazilian site MGG, citing anonymous sources, the significant losses of Bitcoin have led to a decline in revenue for the crypto exchange. This crisis is now responsible for Rensga letting go of 4 players. It is said:
- The two South Koreans have to go
- The experienced bot laner Goku (25) is now probably too expensive
- The job of jungler Minerva, who began his career in 2013, also seems to be uncertain
According to MGG, they plan to replace the 4 players with talent from their academy team.
Crypto exchange denies any connection, claims they are doing great
What does the team say? In a press statement, the team confirmed that they are making changes to the roster, but did not specify which ones.
Instead, they present themselves as a “strong brand” that stands for “innovation, new business, and rapid development.”
From the sponsor, it is stated that the sponsor deal with Rensga expires on June 30, and an extension or renewal is possible. They claim to have no financial difficulties; on the contrary, the exchange is the largest in Brazil regarding trading volume for Bitcoin.
Therefore, any connections between changes in the roster and the situation of the crypto exchange are purely speculative. They continue to believe in the team and cheer for them.
Neither the sponsor nor the team addresses any potential financial problems.
Life as a professional e-sport player can be tough. Some things are just out of one’s control:
LoL: 21-year-old breaks through in April, gets fired in May – Now his life falls apart
