Chapter 730: Chain Reaction
Chapter 730: Chain Reaction
With his increasing investments in the gaming sector, conflicts with Tengxu in the gaming field were inevitable.Owning a club staying in a league established by the other side, even winning the championship wouldn’t bring publicity and support.
This situation isn’t unprecedented.
The team that won the second s-series championship, FunPlus, faced similar issues since it is also a gaming company.
So after winning, they received little official support and traffic, resulting in minimal advertising impact despite the victory.
After discussing this matter with Wu Changxun, Chen Yiyang called Zeng Hai.
Zeng Hai was instructed to notify the league officials directly, regardless of their consent, that the Extreme Path Team would not participate in the next season, and an announcement of dissolution would be issued immediately.
If the league dared to raise contract issues, Chen Yiyang would send a legal team to help the players demand their salaries from the league.
As the country’s top e-sports league, some teams even owed players their salaries for months, even one or two years.
The officials were well aware of this but tacitly allowed it to happen.
This kind of league should dissolve sooner.
With Chen Yiyang backing him, Zeng Hai didn’t wait for the league’s official approval either.
When the time came, the Extreme Path Team announced the club’s dissolution on their own.
Players who had previously signed contracts with the club were all released as free agents. Given that these players’ monthly salaries weren’t high, Chen Yiyang paid each player an additional six months’ salary as severance.
The announcement of the Extreme Path Team club’s dissolution immediately sparked huge discussions online.
The impact of the team’s dissolution was greater than anyone expected.
Initially, when the league officials tried to persuade the Jidao Club to stay, it was only because they felt the club was memorable to the league as the first s-series champion club.
As for the possibility of the league officials buying the club themselves to retain the team’s spot and name, that was out of the question.
No one expected that upon the issue of the dissolution announcement, several sponsors of the league would come forward to discuss withdrawing sponsorship or reducing sponsorship fees.
Many clubs within the league also reported to the officials that their sponsors had notified them of intentions to withdraw sponsorships.
It was at this moment that the league officials realized.
To the league, the Jidao Club was indeed just a memorable first championship club, and currently its performance had dropped to a secondary level, so its withdrawal did not affect the league’s overall strength.
But everyone knew, behind the Jidao Club stood Chen Yiyang.
This top mogul held two trillion-yuan companies, Yiyang Flash Sale and Yiyang Automobile, in his hands.
Although the league was already the country’s top e-sports league, with some clubs indeed backed by big companies like Jindong and Taobao.
Yet, a boss of Chen Yiyang’s level personally owning a club was rare.
So, Chen Yiyang’s sudden divestment and dissolution of the club was seen by all sponsors as a signal.
A signal that the entire league was doomed.
Actually, sponsors mainly focused on hype and reputation, not the performance of the teams.
If we talk about team performance records, even in 2015, the league didn’t have a champion and the format was not complete.
Yet, new talents kept emerging, and sponsors were waving money to enter.
The main reason was, everyone believed this league had a hopeful future.
But now with Chen Yiyang’s withdrawal, sponsors instantly determined that the league had no future and began preparing to withdraw and invest in other projects.
And it was at this point that the league officials realized.
In an e-sports league, the most dispensable part was actually them.
Because even if the league dissolved, young e-sports players could still become streamers, companions, or game trainers.
Audiences could watch other competitions, play other games.
Clubs could also turn to other games and continue to field teams.
And only these official personnel, once the league was gone, would be truly unemployed immediately.
So they regretted it and hoped to contact Chen Yiyang, expressing willingness to buy the Jidao Club’s name, take over the club, and handle all club expenses.
Chen Yiyang would only need to lend his name.
But Chen Yiyang couldn’t be bothered to deal with them at all.
He was being bothered by the Indians these days.
Previously collaborating with him and selling him movie rights, the Indians had somehow found their way to Lin’an, wanting to discuss shield tunneling machine matters with Chen Yiyang.
That’s right, after Chen Yiyang refused Schaefer. These Indians had somehow found out about Chen Yiyang and came directly to him, hoping he would help resolve the issue of the shield tunneling machines being held at customs.
It was at this point that Chen Yiyang realized there were not just one, but three shield tunneling machines being held.
It was just that the Indians initially told Schaefer only one machine was seized to avoid paying Schaefer a higher consulting fee.
They probably planned to inform Schaefer of the remaining two machines if Schaefer successfully had the machine released, letting Schaefer fetch them as well.
Unfortunately, now they couldn’t retrieve even one machine, so they came to find Chen Yiyang, hoping he could use his connections to release the three seized shield tunneling machines.
For this, they even expressed willingness to sell Chen Yiyang a bunch of Indian movie rights.
But since the last time when Chen Yiyang acquired rights, he had insider information, and this time there wasn’t any hint, he couldn’t be bothered to discern which movies were worth adapting, so he refused them.
"Mr. Chen, those Indians are looking for you again," the assistant entered Chen Yiyang’s office.
"Just tell them I’ve gone out of town, don’t let them into the company." If it weren’t for these Indians being foreigners, forcibly expelling them could cause diplomatic issues, Chen Yiyang would have instructed the security to kick them out by force.
Frankly, Huaxia’s relationship with India was indeed not good, both officially and among the public, no one considered India a good neighbor.
Even with North America, Huaxia’s fiercest competitor, there are still many domestic supporters and followers.
But toward India, it’s pure disdain and aversion.
Yet, the domestic attitudes towards Indian business people have always been welcoming, with visas generously granted.
The main reason being, India’s trade deficit with Huaxia was too large.
Last year’s data showed, Huaxia exported $120 billion to India, while India exported $14 billion to Huaxia.
The trade deficit between the two sides exceeded $100 billion.
And six years ago, this figure was just $50 billion.
What does this mean? To know that India’s entire foreign exchange reserves were just $400 billion.
And India, through outsourcing services, remittances, and scams, could only earn about $40 billion annually from North America.
The entirety of India’s foreign exchange earnings for a whole year totaled just over $100 billion.
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