this post was submitted on 16 Jun 2023
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The streamer who spent $1M on an esports team says esports is a terrible business: ‘Everyone is losing a lot of money’ (www.pcgamer.com)
submitted 1 year ago by nanoUFO to c/games
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[–] Merthin1234 5 points 1 year ago (1 children)

I always wondered whether these teams made a lot of money or not. This makes me wonder too whether these massive esports tournaments, like CSGO majors, make a lot of money or if they’re in the same boat? I’d assume they’d have to if they’ve been going on for this long with big prize pools but I’d apply that same logic to esports orgs too.

[–] SuperV1 3 points 1 year ago

CS.GO TO are usually sponsored by the worst people, it's comparable to football/soccer at this point. But it took how much ? 20 years for TO to creat one of the best ecosystems that doesn't rely on the game company's money that much.