League of Legends Team Dignitas
League of Legends championship games draw huge crowds to arenas like Madison Square Gardens and now a bidding war has broken out to purchase one of the main teams playing the game professionally. Riot Games

It’s that time of year again, the battle to become the “League of Legends” world champions. Sixteen teams from around the world are gathered in Paris, France this weekend for the end of the group stage of competition -- and you can watch it all go down here.

Over the next month teams from North America, Europe, Korea, China, Taiwan, Hong Kong and Macau will fight over a number of stages for a total prize pool of over $2 million.

The finals will be held in Berlin, Germany on October 31 and will see the world champions winning $1 million, second place taking out $250,000, with third and fourth place claiming $150,000 each.

The group stage essentially sets up who versus who in next week’s quarterfinals, which will be streamed live from Wembley stadium in London, England from October 15-18.

“League of Legends” world championships is one of the biggest eSports tournaments every year and has the most viewers by far -- fans watched over 70 million hours of the 2014 championship.

The semifinals will be held on October 24-25 in Brussels, Belgium, determining who battles it out for that top spot.

Watch the live stream below and let us know in the comments which team you are cheering for.

Watch live video from Riot Games on www.twitch.tv