One of the original founders and co-owner of the Echo Fox organization, Rick Fox, is to be removed from his position as a general partner, according to ESPN Esports’ Jacob Wolf.
As Echo Fox’s time in the LCS officially comes to a close, Rick Fox’s time with the organization he founded, Echo Fox, is ending as well.
According to a letter allegedly written and sent in August, and recently obtained by Jacob Wolf and ESPN Esports, Rick Fox’s limited partners in the Echo Fox organization have informed Rick that he will be removed in October.
Included on the list of signatures signing off on the decision is Fox’s business partner Khalid Jones, who helped Rick Fox found the organization back in 2015.
The letter alleges that Fox’s firing of several team employees back in August was detrimental to the organization’s attempts to properly close down the Echo Fox business operations.
It also claims that he attempted to “poach” several employees. In addition to that, the letter alleges that Fox would “burn this company to the ground.”
According to the ESPN report, sources say the shareholders are trying to have a new general partner installed to get all the various internal disputes settled properly.
Echo Fox began the process of trying to sell their LCS spot back in May. They originally had a deal in place with the Kroenke Sports & Entertainment group for around $30 million. KSE is a holding company that owns several sports teams, as well as the Los Angeles Gladiators and one of the unnamed LA Call of Duty franchises.
That deal fell apart when the CEO of Sentinels, the organization that operates the Gladiators, sued KSE for going around his back and breaching a verbal joint agreement.
Evil Geniuses’ ownership company nearly bought Echo Fox back in August, but their original offer lacked the proper finances to do so.
EG finally acquired Echo Fox’s slot for the LCS when Riot Games accepted their bid and welcomed them into the North American league on September 26.