“We want to confirm that TSM is still fully committed to electronic sports. Although we cannot share more details about our future plan, we can confirm that we are actively seeking to participate in many electronic sports including League of Legends, Valorant and Call of Duty,” TSM said.
TSM further emphasized: “We are trying to work towards the goal of gaining the franchise of League of Legends in big areas at the end of 2024. This process takes time and requires patience because these importance negotiations face many obstacles during the process.
At the end of September 2023, TSM officially announced to say goodbye to LCS and League of Legends. Accordingly, the competition of TSM in LCS was acquired by Shopify Rebellion.
TSM was greatly affected by financially when agreed upon the name of $ 210 million in 10 years with FTX collapsed. In February 2023, TSM left the ecosystem of Rainbow Six: Siege after 3 years, even when the world championship in 2022.
The reason TSM leaves LCS has 3 main reasons: cutting the cost of eSports projects of the team, the level of competition of the region and the decline of lmht's reputation across North America.
