How Much Do Esports Teams Make?
Contents
How much do esports teams make? This is a question with a lot of different answers based on a number of factors.
How Much Do Esports Teams Make?
Esport is a form of sport played using video games. The first esports teams were formed in the early 1990s. Today, esports is a multi-billion dollar industry with professional teams playing in front of millions of fans. But how much do these teams make?
Introduction
In recent years, competitive video gaming, or esports, has exploded in popularity. With large cash prizes up for grabs, professional gamers are now able to make a living playing the games they love. But how much do esports teams make?
According to a report by SuperData, the global esports economy was worth $696 million in 2017. This figure is expected to grow to $1.5 billion by 2020. Of this amount, prize money makes up a large chunk, with $897 million being paid out in 2017 alone.
However, not all of this prize money goes to the teams themselves. In fact, most of it is distributed among the players. In 2016, the average salary for an esports player was $60,000. The highest-paid player in the world, Johan Sundstein of Denmark, earned over $6 million that year.
So what about the teams? How much do they actually take home? While there is no standard model for esports team salaries, most organizations do take a percentage of their players’ winnings. For example, Cloud9, one of the most successful Esports teams in North America, takes 10% of its players’ tournament earnings.
With that said, there are other ways for teams to make money besides prize money from tournaments. Many also have sponsorships and partnership deals that help supplement their income. For example, TSM (Team SoloMid) has partnerships with companies like HTC and Logitech. These deals are usually worth several hundred thousand dollars per year.
All in all, while individual players may be making more money than ever before, esports teams are still raking in healthy profits. And as the industry continues to grow at a rapid pace, we can only expect these numbers to go up in the years to come.
How Much Do Esports Teams Make?
Depending on the game,winnings can range from a couple hundred to a couple thousand for many amateur and semi-professional teams. For top-tier teams, however, earnings can be much, much higher. The very best Counter-Strike: Global Offensive team in the world, Astralis, earned over $1 million dollars in prize money just last year alone. As the sport of competitive gaming continues to grow in popularity, it’s likely that these numbers will only continue to increase.
How Much Do Esports Players Make?
The top esports teams make millions of dollars per year from a variety of sources. These include prize money, sponsorships, merchandise sales, and even investment from outside sources.
The best way to estimate how much an esports team makes is to look at the prize money that they’ve won. For example, the top Counter-Strike: Global Offensive team, Astralis, has earned over $4 million in prize money alone. But this only tells part of the story.
In addition to prize money, many esports teams also earn income from sponsorships and partnerships. For example, TSM (formerly known as Team SoloMid) has partnerships with companies like Logitech and Geico. These deals are worth hundreds of thousands or even millions of dollars per year.
Finally, many esports teams also make money from merchandise sales. This is especially true for teams with a large and loyal fanbase. For example, Fnatic has its own line of clothing and accessories that fans can purchase. All of these revenue streams add up, and it’s not uncommon for the top esports teams to be worth tens of millions of dollars.
Conclusion
To summarize, there is a lot of money to be made in the esports industry, and professional teams are pulling in some serious cash. The top teams in the world can make millions of dollars per year from tournament winnings, sponsorships, and more. If you’re looking to get involved in esports, there’s definitely money to be made!
