The Day Video Games Became a Career

The Day Video Games Became a Career

Photo by: RedBull.com

Photo by: RedBull.com

Long gone are the days of videogames being seen as just a simple pass time for millions of fans around the world. Now if someone wants, they can make their favourite game a career. The concept is being turned into what many are saying will be a billion dollar industry by the year 2020. Taking the time to look at esports it is very easy to see the growth in popularity worldwide, looking even closer you are able to see the growth by numbers. Esports earnings have turned kids into millionaires and businesses into high-ranking powerhouses, leading many to jump into the excitement and take part in the action.

According to Esportsearnings.com the extremely popular game DOTA 2 owns the top four spots for the largest overall prize pools, with The International DOTA 2 tournaments hosted by Valve Corporations held between the years 2014 to 2017. In the span of 4 years there has been an overall prize pool jump from $10,931,103 to $24,687,919. This nearly 14 million dollar raise was brought on by the idea of crowd funding. DOTA 2 uses a system where their players pay into the overall tournament pool. Some may ask why people would be willing to do this if they are not competing in the final tournament. The answer comes down to one thing, better advantage during gameplay. DOTA 2 players aren’t just donating their hard earned money, they are spending it on what is called a companion guide, which comes with an in-game app called the Compendium. Inside this Compendium players can find many different upgrades powering their gameplay. The Valve prize pool system has become so popular; other leading companies such as Riot Games are now also implementing crowd funding into their tournaments.

 

Photo by: VG247.com

Photo by: VG247.com

There are a few esports teams who have dominated the scene in terms of income. Team Liquid, Evil Geniuses and Newbee; fly high above the rest when we look at overall numbers. Outstanding earnings ranging from 11 to 17 million dollars for their players combined. These numbers have lead to higher popularity and sponsorship for these organizations helping them to continue their dominant streaks. If one was to question the longevity of esports you don’t need to look further than the constant growth of team and player salaries.

With prize pools so high individual players are also earning a handsome salary for their involvement in these tournaments. The best-paid overall players are currently participating in DOTA 2 tournaments. There are many enthusiasts playing games such as League of Legends and Counter Strike: Global Offensive, who have also earned well over $500,000 through their game play. As of right now the top earning esport player according to esportsearnings.com is Kuro “KUROKY” Takhasomi of Germany. The 24 year old has earned himself a whopping $3,394,188 while playing DOTA 2. These numbers do not include sponsorships where players continue to earn more by representing different companies around the world. In past articles we have talked about the growth and importance of sponsorship companies in the esports community.

Photo by: MarketWatch

Photo by: MarketWatch

To a passerby one might be shocked when hearing the amount of money players and teams are making, for what many see as just a game. With salaries beginning to sound like those of professional athletes in the MLB, NBA and NFL there is no doubt being a professional video game player is beginning to pay off. This is a career we will see continue to grow for many years to come, as its broad spectrum of popularity reaches more fans daily.

 

 

The Weekly esports news

The Weekly esports news

The Weekly esports news

The Weekly esports news