How does EG have so much money ?

#1

Detom19

Given the current economic situation in esports I was wondering how can EG have a 15 man roster in CSGO and a 10 man roster in valorant while Faze/100T/TSM are litteraly dying despite having much more clout and a bigger brand than EG

#2

kaibe8

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their 10 man roster was probably way cheaper than most other NA rosters in the league

#3

Yessirskiiii

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Money laundering org

#10

CryoZanderDerrekEnjoyer

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How so?

#11

Yessirskiiii

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Just a gut feeling

#16

nutab1e

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that's shao's dick

#23

juho

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LMFAOO

#4

zidmz

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money laundering

#5

abyss369

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Because they are/were good in both games 💀
Faze only cares bout csjoe, dk bout the other teams

#17

notphoonsir

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EG CS:GO is bad

#19

abyss369

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they were good at 1 point no?

#21

Aladeenn

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Yeah close to being #1 and top 5 in 2019

#6

aylez

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fraudulent

#7

M3GA

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lamo

#8

Hard2Decipher

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insider trading

#9

Schneefeuer1

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Dota

#12

Master_oGgway

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Mafia

#13

dexter000111

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Faze/100T/TSM are litteraly dying

What is you waffling about bro. Idk about fraud clan or tsm but 100T are valued at more than $500 million as of the latest info available. They simply made a decision to cut back on heavily investing in their eSports rosters next year. They're churning out record profits every year and selling insane amounts of merch. They're one of the select few handful of orgs that are actually making profits from eSports and not simply burning through VC investor cash

#14

Detom19

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for 100T dying may have been an overstatement but as you said they still decided "to cut back on heavily investing in their eSports rosters next year"

#15

dexter000111

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Yes that was my point exactly. They're cutting back on spending but far from "dying"
But again idk about faze or tsm, they could be dying from what I've heard

#25

Detom19

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google "Faze stock" or "TSM FTX" and you'll see

#26

dexter000111

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Faze stock close to being de-listed 💀
And TSM had to face the consequences of the whole FTX scam
Understandable

#18

lsd_abuser

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money laundering

#20

DEADJsJs

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https://www.wolves.co.uk/news/esports/20210728-wolves-partner-with-north-american-esports-giant-evil-geniuses/

#24

number1_cned_hater

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Im ngl i was so surprised by that sponsor never thought they would get sponsor from wolves

#22

ds_santos_

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EG are largely backed by PEAK6, a VC investment firm. In layman's terms: they have a shit load of money and 0 knowledge or notion of what to do with it

#27

DeyahAlAjarma

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Because there quailty of player is much worse so they can pay them less, the other 5 eg players, beside bcj, are no name irreveleant players. Hell, most of the team on the starting roster started out the year (when their contracts were drawn) as no name irrelevent players. The only player I could imagine be getting payed anything close to the other orgs is Ethan.

#28

Asuna_Yuuki

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No bro

You can’t say a team that just made finals of the last international event has worse players

Their players were just less famous

Also EG is also probably paying their players a similar amount as other NA franchise orgs