Mysterious Monkeys acquires Misfits Academy EU LCS spot for $400,000

Misfits Academy secured an EU LCS spot for the summer, and Mysterious Monkeys has now purchased that spot. Provided by Riot Games

German esports organization Mysterious Monkeys have acquired the Misfits Academy European League of Legends Championship Series spot, the two organizations announced on Friday morning. The deal closed for around $400,000, sources close to both organizations told ESPN.

The team will retain top laner Park "Jisu" Jin-cheol, mid laner Sofyan "CozQ" Rechchad, AD carry Florent "Yuuki" Soler, support Han "Dreams" Min-kook, and coach Petar "Unlimited" Georgiev. Jungler Milo "Pridestalker" Wehnes is expected to join Team ROCCAT, according to sources close to that player. Misfits and Team ROCCAT declined to comment on that transfer.

"When we started the process of selling the team, we spoke with many interested parties, but ultimately Mysterious Monkeys presented the most compelling overall offer, which included the intent to keep the team together as best they could," Misfits co-founder and CEO Ben Spoont told ESPN. "We are thankful to the entire Academy team and staff: Jisu, Yuuki, Dreams, Pridestalker, Cozq, Unlimited and Robin for their contributions to Misfits. Yuuki and Dreams have been with us through two successful Challenger Series runs, and while we are sad to see them leave, we stand proud of all their accomplishments! Misfits looks forward to seeing our old friends on the rift soon!"

The two organizations did not comment on the financial terms of their agreement.