Official announcement coming later, but v8 e-sports is joining forces with Blight (also v8’s website design is silly, scroll down past the picture slider to read the announcement). Apparently v8 is dropping their name, but it was a bad name anyway because it was already had two other meanings. Way to think about branding guys.
Blight Gaming has been a professional gaming organization since 2002 involved in the Counter-Strike, Team Fortress, and Starcraft 2 scenes. More and more professional gaming organizations are picking up LoL teams which is not that interesting in and of itself, but it is important, because it does mean LoL is gaining more and more support from the established professionals.