MANILA, Philippines – Blacklist International announced its departure from the MPL scene Tuesday as it transferred its franchise ownership to a new organization.

In a lengthy post on social media, the Mobile Legends: Bang Bang (MLBB) world champion team made the revelation, shocking the local esports community and breaking the hearts of its fans or called "Agents."

"Our Mobile Legends: Bang Bang men’s squad was a team that literally changed the game: from the multiple championships, the UBE strategy, and highlight reels, to our jersey designs and viewership numbers that made us the 3rd most watched esports team in the world. We can stand proud knowing we wrote one of the most captivating stories in MLBB history. But like all great stories, everything must come to an end," Blacklist said.

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"Though we believe in the future of the MLBB community, with a heavy heart, we bid a bittersweet farewell to the Blacklist MLBB men’s team, as the organization has decided to transfer our MPL Franchise Ownership to a new organization for MPL season 15," it added.

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The organization said it made the decision to "in response to the business opportunity that was presented to us."

The squad also thanked its fans while expressing openness to "reentering the league in the future."

"To every single agent who has cheered for us, shown up to our games and watch parties, bought our merch—for all your undying support—we thank you," it went on.

Among those in Blacklist squad's achievements--through several iterations--are the M3 world title, three MPL trophies and being Sibol MLBB's representatives to the SEA Games who won the gold medal in the biennial sporting meet.

READ: 'Redemption story is over': Blacklist Rivalry signs off

The development also came after Tier One Entertainment, the owner of Blacklist, also shut down its Dota 2 division four months ago.