I like elements in both designs. Like the L-block in entry # 1 better, and the gray-line w/ LLC as an underscore. Like also the font in entry # 2, and I often like fonts where the initial letter is a bit large, but the rest are all caps as well (forgot what that's called).
The two-tone shading is interesting, and I'm curious/concerned as to whether that'll be hard to duplicate or if a more one-color, one-segment approach is better? (Understand it was in my profile preference for the tournament - just having second-thoughts.)