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Faker becomes part owner of T1 as he extends contract

Lee “Faker” Sang-hyeok has extended his contract with T1, becoming a part owner of the League Of Legends team.
Faker becomes part owner of T1 as he extends contract
  • T1 have signed Faker for an additional three years
  • He has now part owner of the team, and will play a management role once he retires
  • Faker is largely the face of League Of Legends esports

As one of the biggest names in League Of Legends, Lee “Faker” Sang-hyeok has took another historic step with South Korean team T1.  

After joining them seven years ago, Faker has now extended his contract for an additional three years while simultaneously being a part owner of the team which made his name.  

Joe Marsh, CEO of T1, said: “T1 is thrilled to have Faker on its roster for the next three seasons.  

“Since T1’s inception, Faker has been the cornerstone of our team’s success and his undying passion for this organisation will continue to drive us forward now that he is a part owner of T1 Entertainment & Sports.” 

Interestingly, the statement also preemptively mentions his retirement – explaining how he’ll continue in a management role once he decides to quit as a pro player.  

“Even after Faker’s retirement – whenever that may be – he will begin the next chapter of his legacy in a leadership role with T1, helping to mold the next generation of elite esports athletes.” 

In a statement, Faker said: “I am excited to continue playing for T1 and am thankful for all the fans around the world who have supported me all these years. 

“I am honoured to become a part owner of T1 and look forward to working with the leadership team beyond my playing career. I love this team and am proud to help mold the future of this organisation.” 

Faker has won three World Championships with T1, becoming the face of League Of Legends esports across the world.  

It’s unclear how long Faker will stay as a pro, with three years the longest contract length permitted by Riot Games, so he could be sticking around even longer.