With his contributions, Faker was chosen to become one of T1’s future leaders.
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Faker extends his contract for three years, becomes partial owner of T1 Entertainment and Sports
Recently, the esports organization T1 officially announced the extension of a successful contract with player Lee “Faker” Sang-hyeok – Captain of the League of Legends T1 team, with a 3-year contract. , until 2021. Accompanied by the terms of Faker’s future after his retirement, which will be a new position associated with T1.
“I am excited to continue to play for T1 and I am grateful to the fans around the world who have supported me throughout the years. I am honored to be a part owner of T1 and look forward to working with the leadership team in parallel with my player role. I love this organization and I am very proud to join hands to shape the future of T1 ”- Faker excitedly shared after making a bold move for himself. “I always think my goal is to win more. But the ultimate goal is always to play with all my might.”
The new contract terms include that Faker will continue to stick with T1 as a player until 2024. In fact, T1 really wants Faker to play for the team until 2025 – The deadline for him to make show military service.
However, according to the rules of Riot Games, the player’s contract is only valid for a maximum of 3 years, so Faker has signed a new contract lasting from 2021 – 2024, plus the conditions will extend for 1 year depending on Faker choice.
Besides, T1’s mid laner superstar was also informed of officially becoming a shareholder of this team. This means that he has invested in shares and become one of the owners of T1.
The famous Korean eSports organization also said that Faker will be assigned a position in the team leader board as soon as he finishes his military service (expected in 2027). Thus, after the world said goodbye Faker, then two years later, the fans will be reunited with a “stylish Lee Sang-Hyeok” and equally the authority.
And finally, the new contract and the terms of the future also marked a milestone witnessing Faker’s commitment to a lifetime commitment to T1 – The team that made him a star.
So from here, not just the eSports player Faker, the best mid laner in the world Faker, the Demon King Faker, Superstar Faker, we are about to have a talented Faker President.
And not only were fans excited, even T1’s CEO: Joe Marsh was delighted to have signed Faker’s contract: “T1 is thrilled to have Faker on its roster for the next three seasons. Since Tl’s inception, Faker has been the cornerstone of our team’s success and his undying passion for this organization will continue to drive us forward now that he is a part owner of Ti Entertainment E- Sports. Even after Faker’s retirement — whenever that may be — he will begin the next chapter of his legacy in a leadership role with Tl, helping to mold the next 11 generation of elite esports athletes.”.
Faker extends his contract for three years, becomes partial owner of T1 Entertainment and Sports
In fact, a 3-year contract is the longest time a player can sign a team according to the rules of Riot Games, but as a shareholder, Faker will definitely stay at T1 for a long time. longer than that. Faker’s contract will renew itself until 2024, and according to South Korea’s military service law, it is time for Faker to decide whether to continue his professional career or fulfill his military service.
The deadline for Faker to be implemented is 2025