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Houston Outlaws esports team sold for $40 million

Houston Outlaws esports team sold for $40 million
Photo by Jamie McInall/Pexels


Houston real estate investor Lee Zieben has agreed to terms with Immortals Gaming Club to purchase the Houston Outlaws for a total deal value of $40 million, sources familiar with the deal told ESPN.

According to an original ESPN report, the deal has not been executed but is expected to close in late August, with Zieben currently having a binding letter of intent with Immortals for the purchase, according to sources. Paperwork submission to and approval of the Overwatch League is pending, league sources said.

If completed as expected, Zieben will pay $30 million in cash and securities and assume the $10 million debt in remaining payments to the Overwatch League for the Houston Outlaws franchise slot, sources said. Immortals declined to comment. Lee Zieben's office and the Overwatch League did not respond to a request for comment.

Immortals will sell the team after they acquired Infinite Esports & Entertainment, the parent of OpTic Gaming and the Outlaws, in June.

Immortals will retain their ownership of OpTic, splitting that team and the Outlaws for the first time. In June, Immortals completed a deal with Activision Blizzard to enter the franchised Call of Duty League that is set to launch in 2020.

Continue reading on ABC13 to learn about the details of the sale.

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The Angels beat the Astros, 4-1. Photo by Alex Slitz/Getty Images.

Oswald Peraza hit a two-run single in the ninth inning to help the Los Angeles Angels snap a three-game losing skid by beating the Houston Astros 4-1 on Saturday night.

Peraza entered the game as a defensive replacement in the seventh inning and hit a bases-loaded fly ball to deep right field that eluded the outstretched glove of Cam Smith. It was the fourth straight hit off Astros closer Bryan Abreu (3-4), who had not allowed a run in his previous 12 appearances.

The Angels third run of the ninth inning scored when Mike Trout walked with the bases loaded.

Kyle Hendricks allowed one run while scattering seven hits over six innings. He held the Astros to 1 for 8 with runners in scoring position, the one hit coming on Jesús Sánchez’s third-inning infield single that scored Jeremy Peña.

Reid Detmers worked around a leadoff walk to keep the Astros scoreless in the seventh, and José Fermin (3-2) retired the side in order in the eighth before Kenley Jansen worked a scoreless ninth to earn his 24th save.

Houston’s Spencer Arrighetti struck out a season-high eight batters over 6 1/3 innings. The only hit he allowed was Zach Neto’s third-inning solo home run.

Yordan Alvarez had two hits for the Astros, who remained three games ahead of Seattle for first place in the AL West.

Key moment

Peraza’s two-run single to deep right field that broke a 1-1 tie in the ninth.

Key Stat

Opponents were 5 for 44 against Abreu in August before he allowed four straight hits in the ninth.

Up next

Astros RHP Hunter Brown (10-6, 2.37 ERA) faces RHP José Soriano (9-9, 3.85) when the series continues Sunday.

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