Their League of Legends team won the first League of Legends World Championship in 2011. This year, Team Secret made about 33% of the prize pool money the organization won in 2019. This represents a 70% growth in the next four years. Here are some of the richest professional gamers in the world. Thats a key difference with traditional sports, where no one owns the idea of, say, baseball. He is betting that an expansion into Fortnite will help take him there. This team was able to still compete in various online events, even taking a third place finish in Flashpoint Season 2. team was able to secure $168K in winnings playing in a very limited amount of events, having played in no events since Sept. 27. He recorded career highs of 15.4 points a game and 2.2 steals a game (fifth in the league) and made 101 three-point field goals in the 1996-97 season . G2 has teams competing in League of Legends, CS:GO, RainbowSix: Siege, Valorant, Rocket League, Fortnite, and Sim Racing. A bit later they entered World of Warcraft and the original version of Dota. He bought 10% stake back in May 2000 and became the team?s coach from October 2005 to September 2009. G2 secured internation LoL success at 2019s Mid-Season Invitational. As the squad continues to look for an in-game commander, Danny #BERRY Krger will replace Sprout in their future matches in the ESL Challenger League Season 44 and the CCT Central Europe Malta Finals 1, according to esports media sources. It also released the film Crimson under FaZe Studios in 2020, with Brian "Rug" Awadis in a leading role. Valued at $160 million, 100 Thieves, founded by former CoD pro Matt Nadeshot Haag, are more than just an esports organization, operating a hugely successful streetwear and apparel business, while also snapping up some of the most popular streamers in the world. While many companies are expanding beyond esports, Forbes chose not to consider for this ranking Luminosity Gaming parent Enthusiast Gaming, which derives just 3% of its revenue from esports, according to its filings as a public company. The effect these cancellations had on the total amount of money available to winning teams was tremendous as the team that won the most money this year would have come in at No. FaZe Clans revenue figure was taken from its S-4 filing with the SEC as it seeks to go public; all other revenue figures represent an estimate for 2021, including both core esports and other divisions of each company. This organizations prize pool money is directly tied to the. These include a womans team they added in September 2012. Invictus Gaming 12. The club was founded in 2015, in Moscow, Russia. Esports news, interviews, and analysis, plus live tournament coverage. Traffic cop at the intersection of money and sports. 100 Thieves 100 Thieves is one of the top gaming teams in the world today. oc. It is mandatory to procure user consent prior to running these cookies on your website. Team Liquid became part of the entertainment and sports management company, aXiomatic, in 2016. Newbee 13. Esports clearly has massive potential. 68 - 46 = 22, so the average value of the non-USP guns would need to be (22 / 3) 7.33 or more for this to make sense. A chunk of that will go toward building a 20,000-to-30,000-square-foot training facility and home base for its operations in Los Angeles, scheduled to open in 2019. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Each game listed alongside a company indicates the company fields a competitive esports team in that title, apart from content streamers. The modern battlefield in gaming is for larger social media and YouTube talent, says John Robinson, COO of 100 Thieves, a Los Angeles-based game outfit that owns franchise teams competing in League of Legends and Call of Duty. The team decided not to spend the reported $20 million required to own a Call of Duty League franchise, but compete in the LCS, CS:GO and Fortnite, with their revenue believed to sit around $10 million. Let's take a look at the highest-earning individual players along with the top teams that are raking in big bucks. Team Liquid has won various tournaments over its life, over a variety of games. The influence of sports on business and culture. Among the hardest hit was Immortals Gaming Club, another Los Angeles-based group, which fell off the list because of a singular focus on competitive gaming. With a 3% decrease from last . The LCS will host its first fan-attended event since Summer of 2019 in Newark, NJ at the Prudential Center. While it is typical in esports that one event, such as the, International, is usually the cause of a teams No. What kinds of money have they been making, and what games are the most popular? League Championships were the big money drivers in 2020 and did esports a great service by finding ways to keep the esports competitive scene moving. Pepsi's Mountain Dew 6. They were regional champs during Stage 2 of the European VCT season and finished top four at Masters: Copenhagen. And Scooter Braun, manager of Justin Bieber and Ariana Grande, recently co-led a Series A round, bringing total funding to $25 million. The interest in eSports has hit critical mass, ensuring that there are sufficient high-paying tournaments to justify a competitive full-time lifestyle. Upon learning of allegations against Mr. Dinh, TSM immediately hired an independent investigator to begin a thorough internal investigation, the team said in a statement this week, echoing an earlier announcement in January. Below are the 12 most valuable esports companies in the world. Invictus Gaming was launched by businessman Wang Sicong. For the first time since 2014, Fnatic comes in under the $1M mark, through no real fault of its own, riding its CS:GO team and the $321K it made in 2020 to the No. Recently the renowned Forbes magazine released their list of top 10 Esports org's by the amount of revenue generated for the year 2020 and the amount of money these Esports organizations generate is insane. Plateauing values are leading early investorsincluding many venture capitalists, who according to Pitchbook have poured $4.8 billion into esports over the past five yearsto put the pressure on companies to make money. LGD Gaming is a Chinese multi-gaming team sponsored by Guizhou Laogandie Food. G2 has teams competing in. The deal covers multiple Disney-controlled networks including ESPN, Disney XD and ABC. Cloud9 & Team SoloMid (Tied) - $583.8 million Cloud9 Franchise League (s) - Team (s): LCS - Cloud9, Overwatch - London Spitfire Cloud9 Non-franchise Teams: CS:GO, Fortnite, Hearthstone, PUBG, Rainbow Six, Rocket League, Super Smash Bros, Teamfight Tactics, WoW Vici Gaming began operations in October 2012. Dota2, in particular, appears to be where most of the money is nowadays.Cumulative prizes for Dota 2 nearly reached $50 million in 2021. Teams had 3 encounters in the past, Aster won 1 times. Team Liquids parent, aXiomatic Gaming, is fresh off raising $35 million in a round announced this week that values Liquid at $415 million. TSM, which rebranded to TSM FTX after signing a $210 million partnership with the exchange, is valued at $540 million, the most valuable esports company in 2022. This field is for validation purposes and should be left unchanged. The team earned more than $35 million in 2019 and has a net worth of around $400 million. LGD then created another Dota squad, which they called LGD.int. Front Office Sports covers the influence of sports on business and culture. TSM are one of the biggest names in League of Legends. With revenue expected to fall to $8.5 million this year, the teams value isless than half the $260 million Forbes estimated in 2019. Virtus.pro has more than 50 players on its roster. Carlos ocelote Rodrguez ability to develop competitive teams in multiple titles helped propel, to No. The Walt Disney Company chose Team Liquid to participate in the 'Disney Accelerator' program in 2017. North America is projected to account for approximately 38% ($345 million) of global eSports revenue in 2018. Team Secret, despite the COVID-19 pandemic, was able to put together a great year as far as Dota 2 was concerned taking home $1.017M playing in 12 events that survived the pandemic. Founded in 2010, this team has exploded from a group of teens with video cams and a love for video gaming and into a multinational army of gamers. FaZe saw its net losses increase 28% year-over-year in 2021. For instance, Overwatchs viewership numbers are plummeting, just a few years after companies shelled out $20 million for the initial franchise slots in the Overwatch League; esports insiders believe they would sell for a fraction of that price now. Its well-nigh impossible to stream 100 Thieves without seeing the Rocket Mortgage brand. G2 Esports, the highest-ranked company outside of Los Angeles County, with its headquarters in Berlin, is branching out from esports with video content around its teams and a record label, G2 Music. Team Liquid belongs on any list featuring the biggest or best esports organizations. Using NFTs to sell the in-game digital items known as skins would allow teams to collect a fee if the item was resold, the way that Dapper Labs collects a percentage of any trade of its NBA Top Shot NFTs on the secondary market. Not only are they valued at more than $320 million with a revenue on par with Cloud9, but they also hold the title of most tournament winnings ever. OAKLAND, CA - SEPTEMBER 09: A cosplay actress poses at the 2018 North American League of Legends Championship Series Summer Finals between Cloud9 and Team Liquid at ORACLE Arena on September 9, 2018 in Oakland, California. They recruited their first Dota2 player in 2012. The net worth for the team is $24,384. U.S. Air Force 8. Lee "Faker" Sang Hyeok is a 22-year-old League of Legends player from The Republic of Korea. Here we have one of the biggest esports organizations with many teams in various disciplines and players from all over the world. In 2019, Team Secret took 4th place in The International 2019 winning $2,059,804 dollars in prize money. It became active in 2009 and became the first team to win three major tournaments in a single calendar year. This is a BETA experience. While team Aster performs with 40.00% winrate. That same month the revenue of FaZe Clan was estimated $40 million. Most of the business will come from North America (38%) and China (18%). Team SoloMid, the second-most-valuable company ($225 million) and the only one known to be cash-flow positive, is the winningest North American team in League of Legends, with six championships. This year? Beyond this, their estimate for 2021 is looking at a further year-on-year growth of 14.5%. 2019 - Present Team: TSM Approx. They are known for their League of Legends, Dota 2, and StarCraft II teams but have recently expanded into CS: GO and Hearthstone. They also have teams playing other games, including League of Legends, StarCraft II, WarCraft III, FIFA, Hearthstone: Heroes of Warcraft and Counter-Strike: Global Offensive. Forbes lists five titles separately as premier games, following the industry consensus that these games are the most important in the current competitive esports landscape: Call of Duty: Vanguard (for the Call of Duty League), Counter-Strike: Global Offensive, League of Legends (for the League Championship Series and its overseas counterparts), Overwatch (for the Overwatch League) and Valorant. Coca-Cola 7. Comcast Xfinity 3. With a net worth of $1.7 billion, esports is a small part of his portfolio, but one with a lot of space to grow. Indeed the most lucrative game by far is Dota, and variations thereof. The police have back . The company is also looking to expand globally with a particular eye on the U.S., with plans for a flagship in New York. Evil Geniuses, aka EG, are a predominantly North American eSports organization, based in San Francisco. Total Prize Money Earned: $26,445,664.94. 13. Tyler "Ninja" Blevins. Until finalized, we cant comment on specifics., Lance Skundrich/Riot Games Inc. via Getty Images. Its a South Korean team with reach into Seoul, Philadelphia, and Los Angeles. Many esports companies raised capital based on inflated expectations of how the market will come together, particularly in the U.S., says Jens Hilgers, founding general partner of esports investor Bitkraft Ventures and co-owner of G2 Esports, which ranks No. You can start playing right now, in guest mode!10*1.70 = 17.00. In December 2020, FaZe Clan was worth $305 million. But fundamentally I believe some will become great and sustainable businesses.. According to Forbes, G2s value has grown by $60 million in 2019, up to $165 million, with an estimated revenue of $22 million per year. Valued at $190 million, 100 Thieves jumps to the fifth spot on our list, from No. Reach Mike Ozanian at mozanian@forbes.com. According to a new report from Forbes, the top 10 most valuable esports companies are worth a combined $2.4 billion, with some truly eyebrow-raising figures for teams like TSM, Cloud9 and. Coming in at No. As one point of comparison, this years Super Bowl drew an average of 112 million viewers, according to NBCUniversal. Virtus.pro is a Russian eSports team, established in 2003. In July, its London Spitfire became the first ever champion of the Overwatch league. Monetization remains the principal challenge for literally every esports team, says Bobby Sharma, a private equity investor and the managing partner at advisory firm Electronic Sports Group. Before the halt of Dota events, Virtus.pro was able to take home more than $472K in winnings by playing in various tournaments including EPIC League and winning ESL One Los Angeles. Overactive Media are the parent company of Splyce, who currently compete in Europes LEC LoL franchised league, and also own the Toronto Defiant OWL team and Toronto Ultra CDL team. Its a shootout to see who can be the biggest and baddest brand. 2 company, 100 Thieves, which counts Drake, music mogul Scooter Braun and billionaire Dan Gilbert among its. Who is the richest esports player? New Series: DRIVEN with Michelle Wie West. T1 - $150 million Record world champion in LoL and with Faker they got a legendary esports player in their squad. Cloud9 finishes second with valuation of US$350m; Team Liquid, Faze Clan and 100 Thieves round out top five. 1 ranking. But its bottom line is still ugly, the SPAC climate has grown more perilous, and the companys recently disclosed agreement with partner Snoop Dogg suggests it might be lowering its own valuation. 7 on the list at $175 million, up 6%. The announcement last month that the company, based in Santa Monica, California, is returning to competition in Counter-Strike: Global Offensive may reinforce that image, but even C9 is creating new lines of business with Training Grounds, a coaching app, and with Stratus, a subscription service for super-fans. Total Prize Money Earned: $15,731,970.21. The organization also brought home more than $25K from Fortnite and $4.6K in Electronic Arts Apex Legends. The team also compete in CS:GO, Dota 2, Fortnite, and more, and are worth $175 million according to Forbes, with $16 million in estimated revenue. This would give the team a bye all the way into Winners Round 3 where it would face off against the Chicago Huntsmen, which it eventually defeated 3-2. This year, the team made $29 million in revenue. Simply put, the loss of potential prize pool money, especially in Dota 2 with its $40M USD that would have come from the canceled The International, saw some teams struggle and others exiting the scene, as was the case with Ninjas in Pyjamas. Team Liquid began as a gaming community website. It is also represented by many over 19 countries, making it one of the most diverse teams on the planet. FaZe would go on to lose to eventual champion Dallas Empire in the Winners Finals. They were smart. Lee Aik Soon/Riot Games Inc. via Getty Images, TSM has the richest sponsorship deal in esports, a ten-year, $210 million naming rights agreement with crypto exchange FTX, but its real selling point is its tech businesses: Blitz, an app that trains users in popular video games, and Dyno, which offers a moderation bot for Discord servers. By estimation, it will be worth around $1.62 billion by 2024. Its a page borrowed from FaZe Clans playbook. KATOWICE, POLAND - MARCH 02: General view of Spodek Arena during Counter-Strike: Global Offensive quarter-final game between Cloud9 and FaZe Clan on March 2, 2018 in Katowice, Poland. An eSport player salary usually ranges from 1.000 to 5.000 a month, with some highly skilled players earning a salary of a stunning 50.000 a month. Enter the email address you used for registration. Our company appraisals are based on the valuations that were applied during each companys most recent capital raise, comparable esports transactions and their prospects. According to Newzoo, the number of esports enthusiasts worldwide will reach 165 million in 2018, which translates to year-over-year growth of 15%. In 2020, 12 organizations who stumped up $25 million dollars will compete in the first season of the franchised Call of Duty League, while many have already paid millions in buy-ins to other franchised competitions like the Overwatch League and the LCS. On June 10, 2021, FaZe Clan became the first esports team to be featured on the cover of Sports Illustrated. Team Liquid 2. Tundra doing well by winning over 40.00% of their recent matches. Team OG 3. Team Spirit is now stationed in Belgrade, Serbia. 10 spot. Copyright 2012-2023 Esports Earnings. Dan Gilbert, who founded Quicken Loans and owns the NBAs Cleveland Cavaliers, invested in 100 Thieves after it got its League of Legends team last year. Paris Saint-Germain Esports 10. 2023 Front Office Sports. League the team took home a cool $900K to go along with its winnings from the various tournaments during league play. Their breakthrough came in the Frankfurt Major 2015, where they defeated Evil Geniuses, CDEC Gaming, and Team Secret. Michal Konkol/Riot Games Inc. via Getty Images. In 2021, global esports revenues are expected to reach $1,084 million, representing a year-on-year growth of 14.5%. The Atlanta FaZe of the Call of Duty League did everything they could to be successful in 2020. TSMs forward thinking brought in $125K in chess winnings to go along with monies won from playing in many different titles that dont require a ton of expenses. What you have seen in the last year is other esports companies are catching on to what has been our philosophy from Day 1, which is to explore the outer reaches of what gaming can be, says FaZe Clans CEO, Lee Trink. Were starting to see valuations become more in line with realities, says Bobby Sharma, an investment advisor for New York-based esports advisory firm Electronic Sports Group. FaZes lineup includes Nickmercs, one of themost popular gamers on Twitch andhighest-paid in the industry, earning $6 million last year. It has dedicated teams for Dota 2, Hearthstone, and League of Legends. Johan "N0tail" Sundstein. Esports companies are constantly buying and selling teams and players to compete in the best leagues and build audiences on Amazons Twitch and Alphabets YouTube. The company reported it is expected to make $95 million in revenue this year, which includes $61 million in ad share revenue that is contractually obligated to be paid to its content creators. NRG eSports NRG eSports is a popular eSports team that is based in Los Angeles, California. TSM was able to win $158K in prize money in League of Legends as well as $179K in Fortnite. T1 is widely known for its participation in League of Legends, Fortnite, Dota 2, PUBG, Super Smash Bros., Hearthstone, and Apex Legends gaming competitions. Team Spirit have divisions in Counter Strike: Global Offensive (2016), Dota 2 (2015), Hearthstone (2016) and League of Legends (2022). Once again, TSM, owned by Andy Dinh, leads the way, rising 32% to $540 million. What is the best eSports team. Since Valorant's release in the summer of 2020, competition has soared to . They sponsored a Dutch StarCraft: Brood War team in 2010. Gen.G looks set to enter a period of rapid growth; the company says it signed more sponsorships in terms of total deal value in the first quarter of 2022 than in all of 2021, putting it on pace to grow revenue 100% year over year. Over two years, IGC paid $58 million for city-based teams that compete in each of the three major franchise leagues: the Call of Duty League (CDL), the League of Legends Championship Series (LCS) and the Overwatch League (OWL). Huge prize pools in this industry are common. When this team was created in 2014, it quickly caught fire. If youre interested in selling products, becoming an Amazon influencer can be a good 2023 is shaping up to be a big year for advanced RFP software solutions. He has sponsorships with Samsung, Red Bull and Uber Eats. US organisation Evil Geniuses have gone on to become one of the biggest names in esports. The team gained fame for winning The International 2014 (TI14). . Cloud9 are worth $400 million according to Forbes. T1 1. However, much like G2, Liquid has diversified its team portfolio and brings in money from multiple titles. For the first time since 2014, Fnatic comes in under the $1M mark, through no real fault of its own, riding its. Esports has its first crossover star in Tyler Blevins, better known as Ninja; in an ESPN interview, Blevins suggested he earned seven figures a month. Since the pick up, NRG have locked down the Chicago Call of Duty spot, and continue to operate in many of the worlds biggest esports, such as Fortnite, Smash, Apex Legends, and more, valued at $150 million with $20 million in estimated revenue. Many of the top eSports players are celebrities to Millennial and Generation Y fans. This has led to esports companies raising capital by the buckets. 5 - Spacestation Gaming: $1.36M Coming in at No. Esports revenues will grow 38% this year, to $906 million, and reach $1.65 billion by 2021. Giant companies and wealthy individuals alike have invested in esports, from organizations and teams to tournaments and events. Who is the highest-paid esports player of all time? The deal could pump new resources into Activisions esports leaguesor esports could become an afterthought in Microsofts massive budget. 100 Thieves emerged as the second-most valuable esports company with a $460 million valuation. team and the $321K it made in 2020 to the No. GH was a relatively unknown commodity prior to his signing with Team Liquid in late 2016. Worth an estimated $210 million, Immortals Gaming Club made headline news in June 2018 when it was announced that they had acquired OpTic Gaming, who will compete for IGC in the 2020 Call of Duty League. The company, which has offices in both Los Angeles and the Netherlands and is considered especially brand-safe for advertisers, is diversifying in several directions at once. The ad-supported app, which has 10 million active monthly users and offers playing analysis and training sessions, now accounts for half of the companys $45 million in revenue. Dutch-founded organization and North American basedTeam Liquid take third place in the rankings, with a $320 million valuation. We included only companies that compete in gaming and excluded game publishers and arena builders. The worry now is that esports companies might be swept up into a metaverse bubble. A single tournament can yield hundreds of thousands of dollars in prize money, but almost all of it goes to the players. On the last edition of this list, in 2020, Enthusiast ranked No. Sponsored teams make ads, wear sponsored merch, and share affiliate links with their followers. NBA teams have made the most dramatic moves this decade. It covers games ranging from Super Smash Bros to Hearthstone and Vainglory, and their management team is bigger than many teams' entire roster. Since the start of 2021, G2 has announced apparel deals with Adidas, Ralph Lauren and New Era. Indeed, Team OG won five of the first ten tournaments it entered. This resulted in winnings of $5 million, giving it the Guinness World Record for most prize earnings at the time. For gaming and trivia enthusiasts, Natus Vincere is also referred to as NAVI, which is borrowed from James Camerons blockbuster success Avatar. The Shock ultimately defeated the Seoul Dynasty in the finals 4-2 to take home the lions share of the prize money. The Kraft Group 9. The first step is signing partnerships with cryptocurrency platforms like FTX and Crypto.com, as TSM and Fnatic have done, but the real payoffs could come later. Once again, TSM, owned by Andy Dinh, leads the way, rising 32% to $540 million. The fanfare around the sky-high valuation assigned to FaZe in the fall masked some fundamental concerns about its businessissues that became more acute when, in an amended SEC filing last week, it revised its forecasts downward. Sponsorship is the biggest revenue stream ($359 million this year), followed by advertising ($174 million), media rights ($161 million), game publishing fees ($116 million) and merchandise and tickets ($96 million). Since then, this team has gone on to expand its gaming roster. It is highly competitive, and there are tournaments offering sizeable prize earnings around the globe. Video games might be all the rage during the pandemic, but pro video game teams are not. However, the Russia-based esports organization also competes in titles such as Fortnite and Apex Legends. In addition, 100 Thieves is dipping its toes into traditional sports; in November, it signed YouTube stars 2Hype, who have amassed a following of 18 million subscribers through their basketball-themed challenge videos. Last month, it sold its CDL franchise to 100 Thieves and its OpTic Gaming brand name, worth $10 million by Forbes estimates, to its original creatorHector HECZ Rodriguez, now NRG Esports co-CEOto use for that companys Chicago-based CDL franchise. Looking ahead, companies see a huge opportunity to monetize their fan bases through emerging technologies like blockchain, NFTs and the metaverse. With that championship, the team took home $1.79M in prize money after defeating the Atlanta FaZe in the finals three maps to two. Fnatic - $15.39m in 903 tournaments. General partners include Nike, Red Bull, HyperX. The company added to its seven-time North American champion League of Legends team by acquiring Blitz last year. List of Top 10 eSports Teams 1. Kabbani became the second-biggest star on Twitch, with 4.1 million followers. The New York Knicks headline nine hoops teams in the top 50 this year. Getty Images Valued at $190 million, 100 Thieves jumps to the fifth spot on our list, from No. However, players in winning and well-sponsored teams often receive considerably more than this. The organization will look to its multi-game approach once again in 2021 with the hopes that more events become available as more tournament organizers become comfortable running live events with the permission of local governments.
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