League of Legends Champions Korea (LCK), the organizer of the professional League of Legends esports league in South Korea, has announced the adoption of the Sporting Financial Regulations to establish a sustainable professional LoL esports ecosystem.
The LCK revealed that it plans to implement the Sporting Financial Regulations starting from the 2024 stove league, following a transition period in the latter half of 2023.
The Sporting Financial Regulations aim to maintain the scale of player salaries for each team at a sustainable level, enabling balanced growth for both teams and players, fostering a healthy and equitable environment within the league.
As one of the top leagues in the world, LCK has achieved unparalleled success, attracting top-tier players and reaching the highest standards of competition. Consequently, player salaries in the LCK have surged to become among the highest in the world. In just two years, the average combined salary of the top five earners on each team has increased by 71%.
To ensure the sustainable growth of both teams and the league, LCK has been devising various operational policies and support measures. The adoption of the Sporting Financial Regulations is the latest effort following the introduction of new systems, such as agent certification and the rookie development clause in the previous season.
The specific details of the regulations will be unveiled through an official rulebook in due course. The overarching goal of the Sporting Financial Regulations is to promote balanced growth within the league, considering the practical circumstances faced by LCK and its aspiration to provide
LCK Introduces Sporting Financial Regulations for Sustainable Esports Ecosystem
