Key takeaways from the lawsuit: — Hecz sold a majority interest in OpTic to Legacy (Infinite) in 2017 for $20mm — To buy a CDL spot, Hecz had to prove he had $3 million in capital and could obtain a $10 million line of credit — The lawsuit alleges that Activision "forced" Hecz's hand, resulting in the Envy acquisition and Envy owning 92.5% of OpTic (via @charlieINTEL)
@GGBreakingPoint And hecz coulda also just stayed out of the CDL stuck to other esports. But he chose to do this KNOWING what he was getting into. Thats not forcing.
@GGBreakingPoint It’s time boys. For ppl that know iykyk activison actually had a case in a legal court of Activision doing illegal things with prize money… Game made a billion dollars in one week and were making budget cuts in the league. Yeah right. Time to fight back
For context: this is not activisions first lawsuit with ties to CDL. They actually had the justice department file suits against them 🤣 I think Scump and Hecz may be able to do win this for the players and league. W for the league, W for players. It’s time for a change. justice.gov/opa/pr/justice…
@GGBreakingPoint This’ll go the way of the overwatch lawsuit. 12 teams are gonna get $5m each to piss off. Leagues dead
@GGBreakingPoint Does this basically mean he regretted selling in the first place so he’s suing bc he had to pay to get it back
@GGBreakingPoint They just spent 69 billion dollars lol. I'd love for them to win this case but I'm sure contracts were signed so I dont see this case going anywhere. I know it's hard to fathom billions. A million seconds is 12 days, a billion seconds is 31 years. A trillion secs is 31.6k years.
@GGBreakingPoint Think they,ll start their own league anyway
@GGBreakingPoint Also this is such a win for Envy lmao 😂
@GGBreakingPoint Hecz sold OpTic more than once. Gonna be hard to prove “forced”