T1's board remains deadlocked over CEO succession more than three months after Joe Marsh's prior term reportedly lapsed at the end of June, leaving the organization effectively without formal leadership confirmation while SK Square and Comcast Spectacor negotiate replacements. The impasse stems from shareholder scrutiny of an exclusive CAA Sports sponsorship agency deal tied to Marsh's Comcast background, which triggered internal staff departures and fan protests earlier this year. Marsh has publicly affirmed he is still serving at the board's direction, with succession talks—including potential dual-CEO structures—ongoing but stalled. This uncertainty, set against T1's strong on-stage record and recent profitability, has produced evenly balanced trader sentiment around a year-end exit. Any board announcement naming a successor or ratifying an extension could rapidly shift implied probabilities before December 31.