Arnold Hur, CEO of GenG, returns to the Monte & Wolf show to discuss the new "sporting financial regulations" (SFR) that function as a soft cap and luxury tax for LCK teams. They talk about the necessity of these new rules to curb spending when the economics of the current ecosystem leave teams losing millions of dollars each year with few ways to generate sufficient revenues without digital goods or media rights deals. Arnold presents some of his ideas for growing audience in League of Legends and methods to create new revenue streams for teams so that the LCK and other league can flourish for years to come. Monte and Wolf round out the show by breaking down the dominant KT win over GenG and the latest on the MVP race with Kiin and Peyz. The Monte and Wolf Show is the only weekly League of Legends Champions Korea (LCK) podcast, hosted by Christopher "MonteCristo" Mykles and Wolf Schröder. This show was sponsored by Esportsbet.io, the only esports cryptocurrency betting matrix. Use the following referral link to receive a 50% DEPOSIT BONUS up to $200 OR a RISK-FREE bet up to 100 USDT - https://www.esportsbet.io/referral/insight This episode was filmed on July 23rd, 2023. Watch The Monte & Wolf Show on Spotify with video: https://open.spotify.com/show/6vn6gYwtYtLwvUswAMPgLh Listen to The Monte & Wolf Show on other podcast platforms: Apple: https://podcasts.apple.com/us/podcast/the-monte-and-wolf-show/id1639432647 Google: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9hNDA1ZTZkOC9wb2RjYXN0L3Jzcw Stitcher: https://www.stitcher.com/show/1030357 Pandora: https://www.pandora.com/podcast/the-monte-wolf-show/PC:1001030357 Pocket Casts: https://pca.st/icnbxbgu iHeart: https://www.iheart.com/podcast/269-the-monte-wolf-show-104247097/ Come join the Last Free Nation Discord for in-depth discussion across esports: https://discord.gg/zeWYq4JhEU Join the crew by following us on all social media platforms! ► Twitter: https://twitter.com/LastFreeNation ► Twitch: https://www.twitch.tv/insightonesports ► Main YouTube: https://www.youtube.com/@lastfreenation ► CS:GO YouTube: https://www.youtube.com/@lastfreenationcsgo ► Instagram: https://www.instagram.com/lastfreenation ► Discord: https://discord.gg/zeWYq4JhEU ► Facebook: https://www.facebook.com/lastfreenation ► Tiktok: https://www.tiktok.com/@lastfreenation ► Linkedin: https://www.linkedin.com/company/lastfreenation ► Snapchat: https://www.snapchat.com/add/last-freenation 0:00:00 - Economics of running an LCK team 0:40:28 - Potential solutions to these problems 1:27:17 - Closing thoughts with Arnold 1:35:30 - KT vs Gen.G 1:54:44 - LCK Playoff race #LCK #LoLEsports #LoLPodcast