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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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Astros lose to Braves, 6-2. Composite Getty Image.

Reynaldo López struck out seven over six scoreless innings, Orlando Arcia homered and the Atlanta Braves won their third straight, 6-2 over the Houston Astros on Tuesday night.

López (2-0) allowed four hits and walked one in his third straight sterling outing to start the season.

“It’s like I’ve always said, for me, the important thing is to focus,” López said through an interpreter. “To have the focus during the outings and then, to be able to locate those pitches.”

He has given up one run in 18 innings for an ERA of 0.50.

“He threw the ball really well against a really good hitting club,” Atlanta manager Brian Snitker said. “Another solid one.”

Arcia hit a solo home run to left in the second and a sacrifice fly in the seventh.

Luis Guillorme and backup catcher Chadwick Tromp each hit a two-run double in the ninth to put the Braves ahead 6-0.

“Tromp has done a good job ever since we’ve been bringing him in these situations and filling in,” Snitker said. “I’ve got all the confidence in the world in him back there. ... He’s an aggressive hitter. He’s knocked in some big runs for us in the limited time that he’s played.”

Kyle Tucker homered for the Astros leading off the ninth against Aaron Bummer, and Mauricio Dubón had a two-out RBI single to cut the lead to four. After Bummer walked Chas McCormick to put two on, Raisel Iglesias induced a groundout by Victor Caratini to end it and secure his fourth save.

“They pitched well, and our guys are grinding out at-bats,” Houston manager Joe Espada said. “Even in the ninth inning there, we’re grinding, fighting until the end.”

Hunter Brown (0-3) yielded two runs on five hits with three strikeouts and three walks in six innings. Brown allowed nine runs in two-thirds of an inning in his previous start, last Thursday against Kansas City.

Brown said he executed better Tuesday than he had in his previous two starts.

“He mixed all his pitches well,” Espada said. “The breaking ball was effective. He threw some cutters in on the hands to some of those lefties. He mixed his pitches really well. That was a really strong performance.”

TRAINER’S ROOM

Braves: 2B Ozzie Albies was placed on the 10-day injured list with a broken right big toe. IF David Fletcher had his contract selected from Triple-A Gwinnett to take Albies’ place on the roster.

Astros: RHP Justin Verlander (right shoulder inflammation) threw a side session Tuesday, but Houston will wait until Wednesday to see how Verlander feels before deciding whether he will make his first start this weekend against the Nationals, Espada said. ... RHP Luis Garcia (right elbow surgery) threw around 20-25 pitches off the bullpen mound, and RHP José Urquidy (right forearm strain) also threw off the mound, Espada said. ... LHP Framber Valdez (left elbow soreness) played catch off flat ground.

UP NEXT

Atlanta LHP Max Fried (1-0, 8.74 ERA) starts Wednesday in the series finale opposite RHP J.P. France (0-2, 8.22).

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