T1’s board-level succession talks, driven by SK Square’s scrutiny of an exclusive CAA sponsorship agency deal renewed under Marsh, have created the tight market balance around a potential exit by year-end. Major shareholders SK Square and Comcast Spectacor held meetings exploring replacements and candidate lists, even as Marsh’s prior extensions pointed toward stability through 2029 and he publicly affirmed his ongoing role in late August. Internal friction, including reported departures from the partnerships team, has fueled speculation, yet no confirmed timeline or formal departure has emerged. Recent competitive stability in the LCK and ongoing profitability under current leadership could support retention, while any acceleration of shareholder alignment on a successor would shift sentiment toward a change before December 31.