BAMTech, the Major League Baseball- and Disney-owned streaming tech company, has signed a deal with Riot Games for the rights to League of Legends tournaments.
According to The Wall Street Journal, the agreement calls for BAMTech to "pay a minimum $300 million through 2023" to Riot Games. In return, it'll get the exclusive rights to "stream and monetize" the company's popular multiplayer online battle arena game (MOBA).
Source: The Wall Street Journal
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