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Top 10 Biggest eSports Teams in 2022 - AfriTechNews Image credit: Roman Kosolapov. 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. FaZe Clan (Valued $240 million)3. 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. At present, teams from the organization compete in CS:GO, Dota 2, League of Legends, and Hearthstone. Sponsorships help too. 1 ranking. Team Liquid became part of the entertainment and sports management company, aXiomatic, in 2016. The Most Valuable eSports Teams in the World - MoneyMiniBlog By estimation, it will be worth around $1.62 billion by 2024. Dota 2 is one of the most featured games and also one most eSports teams have made big bucks playing. What are the most valuable sports franchises? - Investopedia Theyre still newbies, as far as this list is concerned, making their winnings from a mere 50 tournaments particularly impressive. Newbee 13. With sponsorship booming, prize money larger than ever, and more and more eyes watching esports, here are 13 teams who, according to a report from Forbes, are now worth over $100 million, and bring in millions in revenue every year. The eye-watering valuations for the rest of the top ten similarly belie the reality of the industry right now: Esports is a tough business, and in some ways getting tougher, and the rise in these companies valuations is largely being driven not by their esports teams but by their other divisions. G2 could be positioned for a big payday in 2021 with any sort of return to esports normalcy. G2 has teams competing in. Michal Konkol/Riot Games Inc. via Getty Images. Fnatic (Valued $175 million)6. However, much like G2, Liquid has diversified its team portfolio and brings in money from multiple titles. Highest Overall Team Earnings - Esports Team Rankings - Esports Earnings To compile this ranking of the ten most valuable companies fielding esports teams, Forbes spoke to more than 40 company executives, esports industry professionals, investors, bankers and analysts. 2 earner last year by receiving more than $9M in prize money. Gen.G Esports (Valued $185 million)5. 75 Significant Esports Statistics: 2023 Market, Viewership & Investment New Series: DRIVEN with Michelle Wie West. In 2017, there were 74 deals (the majority from angel and venture capital investors) worth $1.52 billion involving esports companies, according to PitchBook, up from six deals worth $34. 4, Spacestation Gaming more than tripled its esports prize money earnings from last year where they earned $436K. 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. This panel discussion will cover topics such . 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. Top eSports players by earnings 2023 | Statista Huge prize pools in this industry are common. This list represents the top ranking teams in esports who won the most prize money based on tournament results, player transfers and team statements published on the internet. 7 on the list at $175 million, up 6%. Most of the companys revenue has occurred outside of competitive play. Immortals is now reportedly shopping its OWL franchise. However, the Russia-based esports organization also competes in titles such as. Facilities are being built where gamers can train. 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. One particularly notable partnership is with cryptocurrency exchange Bithumb as Gen.G ties itself to Web3 technologies. Team Liquid will look to capitalize on its CS:GO, Dota 2, League of Legends, and possibly Valorant teams heading into 2021. To them, eSports is as legitimate a sport as football and basketball are to the more athletically oriented. team that carried the day, winning two out of the four events they played in, taking home $1.1M in prize money. Since Valorant's release in the summer of 2020, competition has soared to . Tundra roster is . Some around the industry express wariness about the Los Angeles-based companys leadership, however, with CEO Andy Dinh accused late last year of bullying. This field is for validation purposes and should be left unchanged. The Esports team will test how the game is designed to be highly competitive, using tournament-style gameplay that will be put to the test by top players. The other focus for the company, which has offices in Seoul, Shanghai and Santa Monica, California, is its coaching platform, which launched last year and has already enrolled thousands of students in Asia, Gen.G says. League did everything they could to be successful in 2020. Team Spirit beat PSG.LGD in the Grand Finals of The International 2021, earning more than $18 million, the highest prize ever awarded in eSports. The next frontier is on the digital side. 1 seed for playoffs, having accumulated the most points during regular season competition. In January its Counter-Strike: Global Offensive team became the first North American squad to take top honors at a major tournament. Sources include news articles, forum posts, live report threads, interviews, official statements, reliable databases, VODs and other publicly-accessable sources that preserve "historical" information. In other words, the former has seen a fivefold increase in a year, the latter a three- to fourfold increase. Kabbani became the second-biggest star on Twitch, with 4.1 million followers. Cloud9 is the most valuable professional esports company, worth $310 million, in part because of its success across a wide variety of games. Who are the Most Popular Esports Players in 2020? We leaned on PitchBook and other public documents to buttress our reporting. ot gs bu. All others in the ranking are private companies. Here are some of the richest professional gamers in the world. The world champion team EDward Gaming "only" received around half a million. 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. In 2019, Team Secret took 4th place in The International 2019 winning $2,059,804 dollars in prize money. March 2, 2023 4:45 pm ET. Mainstream sponsors and advertisers involved with traditional sports like football and baseball may not jump aboard the esports bandwagon. Riot Games began selling franchises for $10 million a pop for its game League of Legends in the summer of 2017. The way that teams in North America succeed is different from the way that teams succeed in Asia, says Jason Chung, the executive director of esports at the University of New Haven. Here are the Top 5 Richest Esports Organizations: 5. It has separate teams of players playing Dota and League of Legends. Natus Vincere Reach Mike Ozanian at mozanian@forbes.com. LGD Gaming is a Chinese multi-gaming team sponsored by Guizhou Laogandie Food. Alongside Fortnite and PLAYERUNKNOWNS BATTLEGROUNDS, Counter-Strike: Global Offensive accounts for over 60% of its earnings. All Rights Reserved. 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. N0tail (Johan Sundstein) 7.18. These include a womans team they added in September 2012. 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. Another team steeped in esports history, FaZe Clan started life as a Call of Duty sniper team, but now operate teams in the franchise CoD League and CS:GO, and are home to some of the biggest Fortnite streamers and professional players in the world. Fnatic launched an NFT-based membership program for fans in March; despite some backlash around it, the company signed up 200,000 members for the free version, beating its target of 50,000. International, there just wasnt a chance at taking home the same kind of money as last year when the organization took home $2.06M by virtue of a fourth place finish at the aforementioned International. Since Shylily hasn't publicly revealed her face or true identity to her December 2020 marked Yellow Submarine's lineup. The team participates in Clash Royale, Apex Legends, Fortnite, Overwatch, Dragon Ball FighterZ, COD and many other eSports games. But media rights are growing the fastest and are projected to be more than $320 million by 2021, making it the second-biggest source of revenue behind sponsorships. Sponsorships help too. Team Secret 6. Manchester United, the iconic publicly traded English soccer team, has a comparable multiple of 5. The vast majority of companies are cash-flow (in the sense of earnings before interest, taxes, depreciation and amortization) negative as they continue to spend money to build their rosters and brands. With revenue expected to fall to $8.5 million this year, the teams value isless than half the $260 million Forbes estimated in 2019. Team Liquid began as a gaming community website and forum founded in 1998, but it truly started its rise to the top of the eSports world when it began sponsoring a Starcraft: Brood War team in 2010. Esports Industry in 2022: Market Stats & Viewership Growth Trends Sponsored teams make ads, wear sponsored merch, and share affiliate links with their followers. In 2019, NewZoo estimated the total revenue of the esports market would cross $1.1 billion. According to their annual report, Cloud9 is now worth an incredible $400 million. 1 ranking. Tundra doing well by winning over 40.00% of their recent matches. According to Forbes, the team brings in $35 million in estimated revenue, and are currently worth an eye-watering $240 million. The organization is also the only other Eastern European team to win the prestigious award. Rick Fox - Wikipedia Their $4 billion value, up 11%, ranks fifth among all sports. Earlier rankings relied on capital raises and asset sales, which were limited in 2020; the sole major transaction was the sale of IGCs CDL franchise to 100 Thieves at cost. Here are 15 of the most popular eSports teams right now in alphabetical order. Overwatch franchise valuations are $60 million to $80 million, depending on country and city. Team Liquid began as a gaming community website. 5 - Spacestation Gaming: $1.36M Coming in at No. Video games might be all the rage during the pandemic, but pro video game teams are not. FaZe Clan is a popular Counter-Strike: Global Offensive gaming team. 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. eSports teams tend to have similar components. Team Liquids parent, aXiomatic Gaming, is fresh off raising $35 million in a round announced this week that values Liquid at $415 million. Much like Virtus.pro, Team Liquid brought home the bulk of its 2020 prize money from CS:GO and Dota 2. 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. By Forbes calculations, excluding ad share revenue paid to talenta figure excluded from revenue estimates reported by other companies on the listEnthusiast Gaming is worth 5.5 times revenue. 7 on the list. No. League. 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. It competes in several video games that include Call of Duty, Fortnite Battle Royale, League of Legends, Valorant, and Call of Duty: Warzone. The LCS will host its first fan-attended event since Summer of 2019 in Newark, NJ at the Prudential Center. Fox became the team's starting small forward and achieved double-figure scoring. 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. 80 Pine Street, Suite 3202 New York, NY 10005, Start and end your day with FOS in your inbox. ESL Shop offers a wide range of merchandise from CS:GO and Dota2 merch to official clan wear of teams like Virtus Pro, FaZe, ENCE, BIG, fnatic, G2 Esports and Ninjas in Pyjamas. Founder and former player Andy Dinh has plans for TSM to be the Dallas Cowboys of esports. 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. List of Top 10 eSports Teams 1. With that championship, the team took home $1.79M in prize money after defeating the Atlanta FaZe in the finals three maps to two. While team Aster performs with 40.00% winrate. The 10 richest eSports teams in history - Monsters And Critics eSports Earnings [25 Engaging Statistics for 2022] - Leftronic 7 at $180 million. They chose to build a team of good players from around the world. , and more in other titles. Fnatic was founded in 2004 with a Counter-Strike team. After his big win in 2014, Zai's team won 2 tournaments back-to-back and earned around $1.2 million dollars. Top-10 Biggest Esports Sponsors Ranked In 2021 | SportyTell This would give the team a bye all the way into Winners Round 3 where it would face off against the, , which it eventually defeated 3-2. This resulted in winnings of $5 million, giving it the Guinness World Record for most prize earnings at the time. The company is also looking to expand globally with a particular eye on the U.S., with plans for a flagship in New York. Top 7 ESports Teams, Players & Their Salaries - Business Insider This is in stark contrast to the $753K the organization took home in 2019, and the $524K in 2018. also made up a large portion of the organizations 2020 winnings, with Fnatic taking home $214K, with $101K of that coming from its 5th-8th finish at the World Championships.