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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 defeat the Orioles, 14-11. Photo by Tim Warner/Getty Images.

Jake Meyers hit a three-run homer, Jose Altuve and rookie Joey Loperfido added three hits each and the Houston Astros used a nine-run sixth inning to pull away for a 14-11 win over the Baltimore Orioles on Friday night.

Houston set a season-high in runs, a day after the Orioles had their highest-scoring game of the year in a 17-5 win over the Yankees.

The Astros trailed by 1 and had two on with two outs in the fifth inning when Meyers sent a pitch from Grayson Rodriguez (8-3) into the seats in left field to make it 5-3.

Houston sent 13 batters to the plate as they tacked on nine runs in the sixth to extend the lead to 14-3. The nine runs are the most by the Astros in an inning this season. They hit five doubles in the frame, including two from Loperfido.

Baltimore’s Gunnar Henderson homered twice to give him 24 this season, which ranks second in the majors behind Aaron Judge’s 27. The Orioles, who lead the majors with 123 home runs, have homered in 20 consecutive games, which is tied for the longest streak in franchise history.

Henderson’s first home run was a solo shot in the seventh. Henderson, Jorge Mateo and Anthony Santander each hit two-run homers in Baltimore’s seven-run eighth that cut the lead to 14-11.

Adley Rutschman had a career-high five hits as Baltimore lost for just the second time in six games.

Houston starter Jake Bloss allowed six hits and two runs with two strikeouts in his major league debut before leaving with right shoulder discomfort with two outs in the fourth inning.

Bloss joined the major league team despite never pitching in Triple-A with Houston’s rotation decimated by injuries. The 22-year-old Bloss, who was drafted in the third round last year, was 4-2 with a 1.74 ERA in 12 minor league starts between High-A and Double-A this season.

Shawn Dubin (1-1) permitted three hits and a run in 2 1/3 innings. Bryan Abreu pitched a scoreless ninth for his first save.

Rodriguez allowed nine hits and seven runs in 5-plus innings.

There was a delay in the middle of the fourth inning when home plate umpire Scott Barry left the game after being hit in the mask with a foul tip. Second base umpire Tom Hanahan took over behind the plate.

TRAINER’S ROOM

Astros: C Victor Caratini was placed on the 10-day injured list with a strained left hip flexor. … Loperfido was recalled from Triple-A Sugar Land to take his spot on the roster.

UP NEXT

Houston RHP Ronel Blanco (7-2, 2.43) opposes RHP Corbin Burnes (8-2, 2.14) when the series continues Saturday.

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