CLG reportedly sold: The uncertain future of the brand and its League of Legends legacy amidst mass layoffs

sportskeeda.com:

CLG (Counter Logic Gaming), one of the most historic North American League of Legends organizations, will apparently cease to exist in the near future, with a mass layoff likely to affect its staff as its legacy seems to be coming to a tragic end.

Popular League of Legends reporter Travis Gafford reported this news a few hours ago in his YouTube video. He stated that CLG, which was launched way back in 2010, is set to be let go by the parent company, The Madison Square Garden Company. It acquired a controlling stake in the organization, back in July 31, 2017.

According to Travis Gafford, CLG reportedly reached out to its employees to let them know that the organization is will cease to exist. It will result in a considerable number of mass layoffs, potentially starting this week.

Furthermore, CLG seems to be following in TSM's footsteps as both historic organizations seem to be exiting the League of Legends scene by the end of 2023.

For now, it does seem like CLG will continue to see out the rest of their 2023 schedule as the players and their staff look to prepare for the LCS 2023 Summer championship.

But with that being said, anything can happen in the upcoming weeks. Whichever organization ends up taking CLG's slot in the future can potentially enter the LCS 2023 Summer Championship if the transition ends up happening sooner than expected.

Additionally, this does mean the upcoming LCS 2023 Summer Championship will sadly end up being CLG's last run.

According to Travis Gafford, his sources have reported that NRG Esports is most likely the favorite to take over CLG as of now.

NRG Esports needs no introduction to the world of League of Legends. The Los Angeles-based organization made its debut back in the LCS back in the 2016