is the league minimum that bad for all the players to not be able to stay together on the org? idk how all the money works ik all orgs are broke but the players just won a fat prize pool how broke can they be rn. maybe theres sum else going on internally who knows
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eg paycuts
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$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)
League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
Teams take 50% of tournament winnings?
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
50% to org is crazy
theogblazen [#4]Has any report confirmed “league minimum” cause all I see is they will face a pay cut
true ive also not seen any reports saying league minimum, i also figured they received a relocation stipend but idk anything really
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
Add champs bundle to the earnings
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
how much for subs?
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
The amount orgs take depends on the contract. It could be less even 30-40%.
theogblazen [#7]Teams take 50% of tournament winnings?
depends on contract, usually big western orgs take like 10-20% Pacific teams take 50% and up yes some even 100%
Diebs [#5]Its the champs winner curse that acend, loud and now eg have to face
prx narrowly dodges the champs winner curse even though they have another 2nd place curse now. (although EG have proven that the 2nd place curse can be beaten)
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
Regarding champ bundle revenue, as far as i know... if bundle generated $20,000,000, then only $10,000,000 is divided among the participating teams. The other half $10,000,000 is RIOT's cut from the revenue. i might be wrong here.
FrostTree187 [#14]prx narrowly dodges the champs winner curse even though they have another 2nd place curse now. (although EG have proven that the 2nd place curse can be beaten)
There are exceptions my friend
The 2nd place curse will began with be grand this year
Vlr_Kp [#15]Regarding champ bundle revenue, as far as i know... if bundle generated $20,000,000, then only $10,000,000 is divided among the participating teams. The other half $10,000,000 is RIOT's cut from the revenue. i might be wrong here.
That was already considered. The total revenue was $40m.
Nachtel [#6]$1,000,000 Prize for winning Champs 2023:
-$500,000 goes to the org
-$83,000 per player+coach (Remaining $500,000 divided by 6)League Minimum: $5,000 a month ($60,000 a year)
Before the pay cut, they were probably making more in salaries per year than they won in tournament earnings
EDIT:
Champs 2023 bundle generated $20,000,000 dollar in earnings:
-$1,250,000 per team (Remaining $20,000,000 divided by 16 teams at champs)
-$208,000 per player ($1,250,000 divided by 5 players + 1 coach)
The champs bundle revenue also doesn't necessarily go to the players. I know in 2021 we had some hard numbers on some of the orgs, some took up to 70 or even 90% of the revenue. I don't know how much EG takes.
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