The esports industry is booming.
It’s growing so fast that it might even be bigger than the NFL in terms of revenue by 2020.
As esports continues to grow, esports players are also becoming more and more popular with people from all over the world.
What many people don’t know is how much esports players actually earn from their winnings and sponsorships alone.
Esports tournaments
It’s important to know esports players’ earnings because esports is growing in popularity, not just with gamers but also becoming more mainstream.
Many may have watched esports events or tournaments on TV, and many prize pools for esports can be very large sums of money – sometimes over $25 million at the top level!
Esports tournaments can be multi-million dollar affairs and the winner’s share could result in tens of thousands to hundreds of thousands for those who make it to the final rounds.
Furthermore, many esports stars have lucrative endorsement deals with companies like the ASUS Republic Of Gamers (ROG), Monster Energy Drinks etcetera.
These types of endorsements are not uncommon within esports either – professional gamers at all skill levels will often push branded merchandise on online streaming services such as Twitch which is extremely popular among esports fans around the world. In fact, some brands put more budget behind esports figures than Hollywood celebrities.
Esports player’s earnings
First of all, let’s take a look at how much money players earn for playing games professionally.
While some people may think that professional gamers are rich or get paid well just because they play video games, this isn’t always true since most game tournaments only offer very low prize pools (less than $50k).
This means that you won’t really see any top tier teams participating in these events unless they get invited or need more experience before joining bigger competitions with bigger prizes.
Secondly, esports team earnings are heavily influenced by sponsorships and advertising deals that a team has with companies in the industry.
For example, most professional gaming teams have signed partnership deals with computer hardware manufacturers to promote their products through esports players who use them for training or events they attend as part of their profession.
In return, both parties receive benefits from this type of sponsorship agreement such as increased brand awareness or sales figures due to esports players wearing branded clothing items during games or at public appearances not related to tournaments (esports tournaments generally don’t allow any logos on player apparel).
In fact, some top tier esports organizations have been able to sign major sponsorship agreements worth over $100 million which is more than enough money to compensate esports players in the esports industry regarding their earnings.
However, esports is still relatively new and not all esports organizations are able to secure sponsorship deals like this which leaves many esports teams with insufficient funds for compensating their members (the majority of esports players don’t get paid enough by their respective organizations).
Nevertheless, some esports stars have managed to sign major endorsement deals that helped them increase their overall revenue streams when it comes to their playing career or even launch entire careers away from esports.
As a result, top-tier esports professionals can earn up to $500 000 per year – an average salary of NBA players who play basketball professionally at around 30 years old.
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The average salary of a pro gamer
The average salary for a pro gamer is $127,000 a year with the top players earning over $500,000.
A full-time job as a professional gamer can be very lucrative but it’s also hard work and requires dedication to succeed. The esports industry is really young, so there’s still a lot of time for it to become a lot more profitable.
According to Newzoo’s report for 2016, the top earner was an American gamer who earned over $500k from his competitive gaming career alone!
Of course, this makes him one of the highest-earning esports players in the world. He has since retired but continues to make even more by endorsing products such as Razer and Uber Eats on his Twitch stream.
The prize pool is determined by how many people are watching the game during esports tournaments. For example, when the biggest esports tournament in 2018 was held, it had an enormous $25 million prize pool and esports fans all over the world tuned in to watch their favourite esports players battle it out.
Although esports only started gaining mainstream attention in recent years, esports professionals have been playing competitively since professional gaming was first introduced back in the 1980s and early 1990s when games such as StarCraft: Brood War were extremely popular among South Korean gamers. For example, Tom “OGRE” Ryan, regarded by many pro-gamers and industry experts as one of the best StarCraft: Brood War players ever is well respected for his skills at that game which he has showcased across numerous tournaments including World Cyber Games (WCG). Since then, esports competitions didn’t stop growing with every year bringing new titles and bigger prizes than before.
League of Legends
League of Legends is a popular online multiplayer video game where teams compete against each other using different characters called ‘champions’ with unique abilities.
The objective for both teams is simple: try to destroy your opponent’s base before they take down yours!
“League of Legends” esports players are paid much better than average gamers. Most esports players earn money through salary, winnings, endorsements, and streaming revenue.
That’s why esports earnings for players are getting higher.
But, have you ever been curious who is the highest-earning esports player? In this case, some esports players have been known as the best esports players.
Top-earning esports players
Jordan’s name is synonymous with esports success. He started out studying computer science at the University of Toronto but dropped out to pursue his esports career full time. Jordan has won over $800,000 in prize money for esports tournaments alone. In addition to this, he also earns from esports sponsorships and endorsements which add up to over $100,000 a year! This makes him one of the highest-earning esports players in the world.
“I was living at home when I started playing esports full time. My parents were always super supportive but there was no money being made so it wasn’t something we could really talk about.”
Jordan ‘Patoy’ Blackburn
The top-earning player in the history of esports is Carlos ‘Ocelote’ Rodriguez. In 2013, he made $400,000 from esports tournaments and endorsements. The best esports player in the world is paid around six figures a year. But only a few esports stars make this much money. Most professional esports gamers aren’t as lucky to have endorsement deals or tournament winnings on top of their salary.
“Most esports player salaries range between about $50k annually up to maybe half a million. In North America, many players receive housing allowance alongside their base pay.” He adds that some teams may offer signing bonuses as well as performance-based incentives for reaching milestones or esports player rankings. “On top of that, esports players may also receive a percentage from their team as well as any prize money they win”
Kester James who runs GAMURS, one of the largest sites dedicated exclusively to esports news & coverage
The Importance of knowing esports player’s earnings
Why is it important to know how much money professional gamers make in tournaments and salaries?
It’s important to know esports earnings because esports are growing in popularity, not just with gamers but also becoming more mainstream.
Many may have watched esports events or tournaments on TV, and many prize pools for esports can be very large sums of money – sometimes over $25 million at the top level!
The esports industry is growing at an exponential rate and there are many opportunities for players to earn a living. Most of the top earners in this industry have strong team backing, sponsorships, or personal wealth that enables them to play full-time without any outside income sources.
However, esports has made it possible for a large variety of people to earn money from playing games.
How can anyone earn money on esports?
Did you know that esports players can earn up to $1 million per year? This is a huge jump from the average salary of a pro gamer, which is around $50,000.
According to a report from Newzoo, the average salary for an esports player in 2018 was about $113,000. For some perspective, the median annual wage in 2017 was around $4,400 according to US Census Bureau data.
So yes, it seems like there’s plenty of opportunity for talented gamers with high aspirations. There are many esports careers available for those who want to take their gaming skills to the next level.
The first step is to find an esports organization that is looking for new players. There are many of these organizations out there, so you shouldn’t have a hard time finding one that suits your needs. Once you’ve found an organization, start practising as much as possible. This will increase your chances of making it onto the team.
If you’re not quite ready to become a professional esports player, there are other ways to make money from gaming. You can start by streaming your gameplay on platforms like Twitch. This will allow you to share your skills with the world and potentially attract new fans. Additionally, you can create content for websites or YouTube channels. This is a great way to earn some money on the side while also honing your skills as an esports player.
You will need to stream regularly to attract fans and make a good income. The more popular your stream is, the more money you will make. Streaming can be a lot of work, but it’s definitely worth it if you want to make money from esports.
There are many other ways to make money from esports, and these are just a few of them. If you’re determined to become an esports gamer, you will need to practice often and put in the time to create esports content. If you’re willing to do this, you will eventually start seeing success as an esports player!
To conclude, esports players are paid very well for their gaming skills. Esports has become a lucrative industry with many opportunities to make money playing video games. If you’re interested in pursuing this career path or just want some more information on the subject, check out J9.com for more relevant and interesting information.
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