Lee "Faker" Sang-hyeok, arguably the greatest League of Legends player of all time, has just renewed his contract with T1 for another three years, and become a part owner of T1 Entertainment & Sports in the process. Faker will also be taking up a leadership role within the company once he retires according to numerous sources.
Our previous article emphasised the transience of professional esports careers, but Faker is very much an exception to that rule. With 7 years behind him and another 3 locked in as a minimum, Faker will boast one of the longest careers in League of Legends so far.
It will be interesting to see whether teams and players opt to follow in the footsteps of TSM, Cloud9, and now T1, in offering partial ownership to their players. Many people would say that anything that offers longevity and stability to both players individually and the scene as a whole, is a welcome step in the right direction, as we touched on last time.
The shelf life of the average professional esports player is fleeting by any professional standard, which creates difficulties for both players in extracting the maximum benefit from what may be a very short career and teams in committing to players and building successful teams.