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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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If you were hoping the Houston Astros could survive their injury avalanche without reinforcements, this past week should shake that optimism. Getting swept at home by the lowly Oakland Athletics isn’t just an embarrassment, it’s a warning flare straight to GM Dana Brown’s office.
Yes, this was a wake-up call. Houston’s offense is simply too depleted to keep treading water while waiting for reinforcements. The moment Isaac Paredes went down with a hamstring injury, the offense unraveled, and the numbers back it up. In the seven days since losing their best power bat, the Astros rank 28th in runs scored, 23rd in home runs, 25th in OPS and 20th in batting average. That’s a drastic drop-off for a team that ranks second in batting average and 12th in OPS on the season.
And it’s not just Paredes’ absence. Cam Smith, one of the Astros' brightest early-season surprises, is stuck in a deep slump. Over his last seven games, he’s hitting .087. Stretch that to 15 games, and he’s at .140 with a .175 slugging percentage. That's not a cold streak — that’s a free fall. Perhaps giving him a regular spot in the batting order might provide more stability for the rookie.
Help is on the way!
So is there any hope left? In theory, yes. The pitching cavalry is on the way. Spencer Arrighetti has one more rehab start before returning. Cristian Javier and Luis Garcia are expected to follow soon after. JP France isn’t far off either. On paper, that could give Houston the rotation depth needed for another deep October push.
But theory only takes you so far. Injuries continue to mount. Just days after praising the rotation’s resilience, Brendan Rodgers showed up with elbow inflammation and Lance McCullers Jr. landed on the IL with blister issues. If the reinforcements don’t all arrive — and perform — without setbacks, the Astros could be in real trouble.
Yordan Alvarez’s situation adds another layer of anxiety. Dana Brown might be tempted to rush him back at less than full strength, and while 75% of Yordan may still be better than some of the current options, it’s a risky bet. One wrong step could lead to a setback that erases any hope of getting him at all when it matters most.
So no, Brown can’t afford to sit on his hands at the deadline. In fact, this may be the most pivotal deadline of his tenure. With Framber Valdez likely in his final stretch in Houston and the rotation still featuring two frontline arms, the window is now.
Whether or not Brown is allowed to spend aggressively could ultimately depend on Jim Crane’s willingness to cross the luxury tax line. If he greenlights an aggressive push, the Astros have enough upside, even with the injuries, to go for it. But a quiet deadline may signal that the front office sees this team as a year away.
Bottom line: if the Astros truly believe they can get Yordan and several arms back in time for a playoff push, now is the moment to act. Because after a weekend like this, it’s clear the current version of the roster isn’t enough. We'll get our answer by Thursday's deadline.
There's so much more to get to! Don't miss the video below as we examine the topics above and much, much more!
The MLB season is finally upon us! Join Brandon Strange, Josh Jordan, and Charlie Pallilo for the Stone Cold ‘Stros podcast which drops each Monday afternoon, with an additional LIVE episode this Thursday!
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