Logan McLean, Esports Advisor, for NGame Esports talks about the potential ownership changes for the Houston Outlaws.
Houston based real estate investor, Lee Zieben, recently agreed in principal to purchase esports organization, Houston Outlaws for $40 million. What is your opinion about the valuation of the purchase?
I feel that it is hard to give an opinion on a fact. The fact is that the Houston Outlaws are straddled with debt that must be accounted for. I believe that Zieben is making an educated purchase with the understanding that this is a long-term investment. The Overwatch League franchise slot and the brand that comes along with it should overcome the vast debts incurred by the team.
If the purchase gets finalized, what should be the next steps to transition the organization in the right direction?
I firmly believe that the next piece of the puzzle to be solved by Mr. Zieben will be how he goes about staffing Houston Outlaws 2.0. There must be a skillful blend of business expertise and industry knowledge working in unison to lead the Outlaws in this new era. I am excited to watch the franchise grow under new leadership and its future in the Overwatch League.