What Is The Richest Esports Team?

The world of esports is growing rapidly, and with that comes big money. So, what is the richest esports team in the world?

The History of Esports

The first ever professional esports tournament was held in 1972 at Stanford University for the game Spacewar. Since then, esports has grown exponentially. The industry is now worth over $1 billion and is continuing to grow. with tournaments being held all over the world. The teams that compete in these tournaments are typically sponsored by organizations or companies. These teams have professional gamers who train for hours every day to be the best at their game. So, which team is the richest in esports?

The origins of esports

The exact origins of esports are impossible to pinpoint, but we do know that organized gaming competitions have been around for decades. Early examples include “Spacewar!” tournaments held at MIT in the early 1970s, and the “Intergalactic Spacewar Olympics” held at Stanford in 1972.

The first official esports tournament is generally considered to be Atari’s “Space Invaders Championship” in 1980, which drew 10,000 participants across North America. In the 1990s, arcade culture began to decline with the rise of home console gaming. However, this period saw the birth of popular competitive fighting games such as “Street Fighter II” and “Mortal Kombat.”

The 1990s also saw the rise of PC gaming and First Person Shooters (FPS) such as “Doom” and “Quake.” These games would go on to lay the foundations for today’s most popular esports genres. The late 1990s and early 2000s saw the launch of several important esports organisations such as Cyberathlete Professional League (CPL) and Major League Gaming (MLG).

The CPL held its first tournament in 1997 and featured a then-record $15,000 prize pool. This was quickly eclipsed by the launch of MLG in 2002, which featured a $100,000 prize pool for its first season of competition. The early 2000s also saw the rise of online streaming services like Twitch, which would go on to become one of the biggest platforms for esports spectatorship.

The rise of esports

Since the early 2000s, esports has gone from a niche hobby to a global phenomenon. According to a report by market research firm Newzoo, the esports economy is expected to grow to $696 million by the end of 2019, with an audience of nearly half a billion people worldwide.

There are many factors that have contributed to the rapid growth of esports. The ubiquity of internet access and the rise of streaming platforms like Twitch and YouTube have made it easier than ever for aspiring players and spectators alike to engage with the competitive gaming scene. In addition, the popularity of mobile gaming has helped to broaden the appeal of esports beyond its traditional PC and console roots.

But perhaps the most important factor in the rise of esports has been the increasing investment from major corporations and celebrities. In recent years, we’ve seen traditional sports teams like Manchester City and Paris Saint-Germain launch their own esports divisions, while household names like Drake and Michael Jordan have also gotten involved in investing in professional gaming teams.

With all this investment pouring into the scene, it’s no surprise that esports is now bigger than ever before. And with its continued growth, we can only expect even more amazing things from competitive gaming in the years to come.

The Richest Esports Teams

The term “esports” is used to describe the world of competitive, professional video gaming. Just like traditional sports, esports teams are composed of players who compete in organized online or offline tournaments. These tournaments offer large cash prizes to the winning teams, and many of the best players in the world earn a living through esports. The amount of money in the esports industry has been growing rapidly in recent years, and as a result, the Richest Esports Teams have become very rich indeed.

Team Liquid

Team Liquid is a professional esports organisation founded in the Netherlands in 2000. Initially, the team focused on theStarCraft: Brood War game, but it has since expanded to include teams and players for a variety of games, including Dota 2, Counter-Strike: Global Offensive, League of Legends, PUBG Mobile, Fortnite Battle Royale and Apex Legends. The team is one of the richest esports organisations in the world, with a reported worth of over $200 million.

Evil Geniuses

Evil Geniuses is one of the richest esports teams in the world, with a net worth of over $7 million. The team has been incredibly successful in a variety of games, including Counter-Strike: Global Offensive, Dota 2, League of Legends, and Overwatch. In 2019, Evil Geniuses was crowned the richest esports organization in North America.

Fnatic

Fnatic is a professional esports organization headquartered in London, United Kingdom. Founded in 2004, the company has since expanded to include branches in several other countries. It is one of the most successful esports teams in the world, with multiple championship titles across a variety of games. As of 2019, Fnatic is reported to be the richest esports team, with an estimated worth of $290 million.

The Future of Esports

While Twitch and YouTube have been around for a while, they only recently shot into the mainstream with the help of Fortnite and other battle royale games. But those are just the tip of the iceberg when it comes to the world of esports. Professional gamers have been around for just as long, but the recent influx of cash has made esports teams some of the richest around.

The continued growth of esports

Several game publishers have their own esports leagues, such as the Overwatch League and the League of Legends Championship Series. In addition, several first-party publishers also host their own esports tournaments, such as the Fortnite World Cup, Halo World Championship, and Gears Esports Pro Circuit. Games such as Counter-Strike: Global Offensive, Dota 2, Rainbow Six Siege, and Rocket League also have third-party tournaments hosted by various organizations.

The prize pools for these events have increased rapidly over the past few years. For example, the Dota 2 International 2019 had a prize pool of over $34 million, which is more than double the prize pool of the 2018 event. This is due to the continued growth of esports and the increasing amount of investment from game publishers, investors, and sponsors.

With this continued growth, it is likely that we will see even more large-scale tournaments with massive prize pools in the future. We may also see more game publishers getting involved in esports and hosting their own events.

The potential for even more wealth in esports

With the popularity of esports rising every year, it’s no surprise that the prize money for competitive gaming is also on the rise. In fact, the total prize pool for all esports tournaments was a whopping $865 million in 2018, and it’s only expected to grow in the years to come.

But what about the teams themselves? Which esports teams are raking in the most cash? Here’s a look at the five richest esports teams in the world, based on their overall prize money earnings.

1. Evil Geniuses – $25.8 million
2. Team Liquid – $24 million
3. Fnatic – $19.9 million
4. 100 Thieves – $11.8 million
5. SK Telecom T1 – $11 million

As you can see, Evil Geniuses top our list with a staggering $25.8 million in overall prize money earnings. Coming in at a close second is Team Liquid with $24 million, followed by Fnatic in third with $19.9 million. Rounding out the top five are 100 Thieves with $11.8 million and SK Telecom T1 with $11 million.

It’s important to note that these figures are based on overall prize money earnings and do not include any additional revenue streams such as sponsorships or streaming deals. With that being said, it’s safe to say that these teams are raking in some serious cash!