Gary Vaynerchuk reveals why his first investment in esports is in the $300 million Call of Duty League: A big reason: It's organized more like traditional sports leagues, where fans have the chance to see their favorite teams play in their home cities - encouraging highly engaged communities to form.The $300 million Call of Duty League kicked off with a wild 3-day whirlwind showcasing the potential of the esports industry: Activision Blizzard is betting it can turn the millions of people who play "Call of Duty" every year into fans of esports and competitive play - but the whole thing might collapse under its own weight.He got there in part through a mix of shrewd decision-making and partnerships. Ninja, the world's most popular gamer, makes $500,000 every month playing 'Fortnite' - here's how he does it: Tyler "Ninja" Blevins was the first professional video game player featured on the cover of ESPN the Magazine and reportedly earns more than $10 million a year.Read more about esports and the business of gaming. MLS players can also earn a second salary playing for their national teams. Though quite a few players are earning the league minimum, the average base salary is $345,867. Major League Soccer offers players a minimum base salary of $56,250, with players competing in 34 regular season games over the course of seven months. Overwatch League players earned $114,000 on average when factoring in prize bonuses, and the median salary was $80,000. Players receive a base salary of $50,000 and receive health benefits and housing during the season. Seattle Sounders midfielder Nicolas Lodeiro celebrates a goal.Īctivision Blizzard operates a pair of franchised esports organizations, the Overwatch League and the Call of Duty League. Here's how much players are earning to participate in these professional esports leagues, and how their pay compares to what professional athletes are making in the United States: It might be a gamble, but the esports industry has seen steady growth and success with a variety of approaches. Investors are pouring millions into these esports leagues in an effort to reach younger demographics that are increasingly disconnected with traditional sports and spending more time than ever playing games. LCS Commissioner Chris Greeley has repeatedly stated that "League of Legends" is now the 3rd most-watched sport in America for people ages 18 to 34, surpassing Major League Baseball and the National Hockey League. Players who once payed for their own travel for a chance at winning huge tournament prize pools can now rely on professional leagues to organize competition.įranchised esports leagues, like the League of Legends Championship Series (LCS) and Activision Blizzard's Overwatch League have similar business models to their traditional counterparts and have quietly begun drawing just as many viewers. There are only a handful of franchised esports leagues in America, but the salaries and health benefits they provide players have helped stabilize the industry. As esports continues to boom, multi-million-dollar franchises have shown they're willing to pay gamers as much as professional athletes. Visit Business Insider's homepage for more stories.Įsports has spent the last decade blossoming into a billion dollar industry and professional gamers have proven that they have the power to reach massive audiences around the globe.Esports is now a billion dollar industry, but it remains to be seen if the today's most popular video games will retain a healthy enough following to compete with traditional sports sports leagues in the years to come.Players competing in games like "League of Legends," "Call of Duty" and "Overwatch" bring in salaries that are comparable or even higher than athletes in Major League Soccer, the WNBA, and the NBA's G-League.Esports leagues with multi-million dollar franchises are rapidly increasing the earning potential of professional gamers and offering long-term stability for the growing industry. Account icon An icon in the shape of a person's head and shoulders.
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