Last month, the company submitted an amended filing to the SEC indicating that FaZe posted an adjusted EBITDA loss of $28.7 million in FY2021, compared to a projected loss of $19 million. That same month the revenue of FaZe Clan was estimated $40 million. That stratospheric valuationcomparable to MLBs Miami Marlins or the NHLs Detroit Red Wingsblew past the $305 million that Forbes had estimated FaZe Clan was worth just ten months earlier. It was Virtus.pros CS:GO team that brought in the bulk of this years prize money; bringing in $641K including a $500K payday by winning Flashpoint Season 2. Indeed, in Forbes new ranking of the most valuable esports companies, the top ten are worth an average of $353 million, up 46% from the last edition of the list, in December 2020. Team SoloMid, the second-most-valuable company ($225 million) and the only one known to be cash-flow positive, is the winningest North American team in League of Legends, with six championships. Top 100 Highest Overall Earnings - Esports Player Rankings :: Esports Earnings Player Rankings Highest Overall Earnings Highest Single Game Earnings Highest Earnings By Country Highest Earnings By Age Most Tournament Results Last 30 Days Last 90 Days Last 365 Days Female Players Console Players Fighting Game Players Founded in 2010, this team has exploded from a group of teens with video cams and a love for video gaming and into a multinational army of gamers. 10 spot. 10 spot. This panel discussion will cover topics such . Its a shootout to see who can be the biggest and baddest brand. They also have teams playing other games, including League of Legends, StarCraft II, WarCraft III, FIFA, Hearthstone: Heroes of Warcraft and Counter-Strike: Global Offensive. Vici Gaming began operations in October 2012. Here are the Top 5 Richest Esports Organizations: 5. 1 ranking. It competes in several video games that include Call of Duty, Fortnite Battle Royale, League of Legends, Valorant, and Call of Duty: Warzone. League Championships were the big money drivers in 2020 and did esports a great service by finding ways to keep the esports competitive scene moving. In 2019, NewZoo estimated the total revenue of the esports market would cross $1.1 billion. Total Prize Money Earned: $26,445,664.94. Simply put, the loss of potential prize pool money, especially in Dota 2 with its $40M USD that would have come from the canceled The International, saw some teams struggle and others exiting the scene, as was the case with Ninjas in Pyjamas. For the first time since 2014, Fnatic comes in under the $1M mark, through no real fault of its own, riding its. Those numbers dont tell the whole story, however. For Spacestation, it was its R6 team that carried the day, winning two out of the four events they played in, taking home $1.1M in prize money. He has sponsorships with Samsung, Red Bull and Uber Eats. I think were going to see a variety of successful models emerge, bespoke to specific team assets and strengths, says Electronic Sports Groups Sharma. League the team took home a cool $900K to go along with its winnings from the various tournaments during league play. Since Valorant's release in the summer of 2020, competition has soared to . 68 - 46 = 22, so the average value of the non-USP guns would need to be (22 / 3) 7.33 or more for this to make sense. The team gained fame for winning The International 2014 (TI14). The organization also brought home more than $25K from Fortnite and $4.6K in Electronic Arts Apex Legends. T1 - $150 million Record world champion in LoL and with Faker they got a legendary esports player in their squad. Facilities are being built where gamers can train. It has separate teams of players playing Dota and League of Legends. One other development that could help or hurt teams is Microsofts pending acquisition of Activision, one of gamings biggest publishers. In addition, 100 Thieves is dipping its toes into traditional sports; in November, it signed YouTube stars 2Hype, who have amassed a following of 18 million subscribers through their basketball-themed challenge videos. Vici Gaming 11. Most of the ad revenue from a streamers videos is returned to the streamer. They recruited their first Dota2 player in 2012. Facebook and Amazon go for 7.4 and 3.8 times this years estimated revenue. TSM, which rebranded to TSM FTX after signing a $210 million partnership with the exchange, is valued at $540 million, the most valuable esports company in 2022. The organization will look to its multi-game approach once again in 2021 with the hopes that more events become available as more tournament organizers become comfortable running live events with the permission of local governments. Evil Geniuses are one of only a few teams to have mixed rosters - with their Valorant team consisting of both men and women. The top 10 esports companies are worth an average of $353 million, a 46% increase compared to December 2020. Alexander Garfield originally founded the team as a Canadian Counter-Strike team in 1999. 1 ranking on this list, this is the first time that a single Call of Duty match was the catalyst behind the No. Seeking to broaden their appeal, esports companies are now morphing into broader entertainment companies. Cloud9 are worth $400 million according to Forbes. By creating a plan and pivoting to online events. 7 on the list. The organization has had an occasionally bumpy experience with esports franchise model but limits its risk exposure by fielding a manageable number of teams. Top Projects and E-sports players The game launch event will begin with an insightful talk featuring industry experts from the gaming world. Traffic cop at the intersection of money and sports. G2 Esports (commonly shortened to just G2 and formerly known as Gamers2) is a European esports organization headquartered in Berlin, Germany, with players competing in League of Legends, Valorant, Counter-Strike: Global Offensive, Hearthstone, Rocket League, Rainbow Six Siege, and iRacing. The average value of the top ten teams flatlined at $240 million in 2020, following a 54% rise in 2019, according to our exclusive annual ranking of the most valuable esports companies. While Misfits Gaming are also valued at $120 million, its estimated that they bring in $8 million in revenue. He was the owner of the eSports franchise Echo Fox until his departure from the franchise in October 2019. . Giant companies and wealthy individuals alike have invested in esports, from organizations and teams to tournaments and events. Newbee 13. This is the ranking of the Top 5 esports teams in the world according to prize money earned. On top of that, talent is getting considerably more expensive, with players of the up-and-coming game Valorant able to demand as much as $30,000 a month, according to industry insiders. We take a look at the top 10 richest eSports teams in history. As of 2020, the top five most valuable esports teams according to Forbes are: TSM - Value: $540 million 2021 Estimated Revenue: $56 million Change From 2020: 32% Principle Owner: Andy Dinh 100 Thieves - Value: $460 million 2021 Estimated Revenue: $38 million Change From 2020: 142% Sponsorship is the biggest revenue stream ($359 million this year), followed by advertising ($174 million), media rights ($161 million), game publishing fees ($116 million) and merchandise and tickets ($96 million). 7 on the list at $175 million, up 6%. FaZe Clan also plays Rainbow Six Siege, COD: WWII, and Valorant, and are the 2021 Call of Duty League Champions. The theory is: dilution is an acceptable consequence because 20% of something worth $1 billion is greater than 100% of something worth $100 million. It also reported that $24.8 million of the $53 million in revenue generated in 2021 came from brand sponsorships. Plateauing values are leading early investorsincluding many venture capitalists, who according to Pitchbook have poured $4.8 billion into esports over the past five yearsto put the pressure on companies to make money. Newbee is a Chinese e-Sports team. December 2020 marked Yellow Submarine's lineup. They sponsored a Dutch StarCraft: Brood War team in 2010. In 2019, Team Secret took 4th place in The International 2019 winning $2,059,804 dollars in prize money. Steve Aoki An incredibly interesting figure, this EDM musician, DJ, and producer is no stranger to technology. The eye-watering valuations for the rest of the top ten similarly belie the reality of the industry right now: Esports is a tough business, and in some ways getting tougher, and the rise in these companies valuations is largely being driven not by their esports teams but by their other divisions. Overwatch is already adding expansion teams, and Riot Games has begun selling franchises for its European league. Tundra won 1 times. This year, Team Secret made about 33% of the prize pool money the organization won in 2019. Fnatic operate in the European LEC franchised league for League of Legends, and made it all the way to the World Championship finals in 2018 in a losing effort against Invictus Gaming. Different multiples are used for each. Carlos ocelote Rodrguez ability to develop competitive teams in multiple titles helped propel G2 Esports to No. gfinity.net. Ill be rooting for them, says one rival team executive. Beyond this, their estimate for 2021 is looking at a further year-on-year growth of 14.5%. Earlier rankings relied on capital raises and asset sales, which were limited in 2020; the sole major transaction was the sale of IGCs CDL franchise to 100 Thieves at cost. Overactive Media are the parent company of Splyce, who currently compete in Europes LEC LoL franchised league, and also own the Toronto Defiant OWL team and Toronto Ultra CDL team. Cash Flow Esports revenue makes up only 6% of revenue. If you are not already interested in electronic gaming, you may be surprised by just how big an industry eSports now is. Here are the 13 most valuable Esports teams of the year, according to Forbes. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Ranking The Top Esports Teams 10. Team Envy are one of the most legendary Call of Duty teams ever but have branched out to become a true powerhouse in esports, valued at $170 million. . There are some similarities to traditional sports leagues. Team Liquid. These cookies do not store any personal information. Tundra doing well by winning over 40.00% of their recent matches. The player has won over 36 different tournaments and counted as one of the three players in the world to compete in every international championship. Media rights revenue hasnt caught up with those viewership numbers, in no small part because of a lack of competition, with Twitch and YouTube still the only platforms all that interested in esports content. Million-dollar sponsorship deals are few and far between right now in esports. Not only are they valued at more than $320 million with a revenue on par with Cloud9, but they also hold the title of most tournament winnings ever. Dallas Cowboys (NFL) Value: $5.7 billion Five-Year Change In Value: 43% Owner: Jerry Jones Year Purchased: 1989 Price Paid:. Cloud 9 sit top of the tree with an estimated value of $400 million, and $29 million in revenue. US organisation Evil Geniuses have gone on to become one of the biggest names in esports. Big companies approach teams with bids and contracts when they gain notoriety for their skills and a considerable fan base. FaZe Clan are one of esports most historic teams. Following this, the market saw immense growth going into 2020 with a 15% rise on the previous year. Overwatch franchise valuations are $60 million to $80 million, depending on country and city. It even supports television coverage, for those who still prefer the big screen, rather than livestreaming via Twitch on their tablet or phone. Immortals own both OpTic Gaming and MiBR. Its well-nigh impossible to stream 100 Thieves without seeing the Rocket Mortgage brand. The year 2020 wasnt kind to esports competition as many events were canceled or postponed due to health concerns surrounding the COVID-19 pandemic. LGD Gaming 15. FaZes lineup includes Nickmercs, one of themost popular gamers on Twitch andhighest-paid in the industry, earning $6 million last year. Team Secret 6. Huge prize pools in this industry are common. This category only includes cookies that ensures basic functionalities and security features of the website. With a background in law enforcement and administration, Kevin uses his learned skill set to get an inside look into the happenings of the esports space. The American organization own LCS and Overwatch League spots, and also compete in CS:GO, Fortnite, Rocket League and more. And Scooter Braun, manager of Justin Bieber and Ariana Grande, recently co-led a Series A round, bringing total funding to $25 million. FaZes plan to go public has come with risks. The Esports organizations participating in Mobile Legends could be forced to drop or never sign a team for Wild Rift due 2022 The Esports Observer - a brand by Esports Business Solutions UG (haftungsbeschrnkt) i.L. 1. 17 * 4 = 68. Until finalized, we cant comment on specifics., Lance Skundrich/Riot Games Inc. via Getty Images. Copyright 2012-2023 Esports Earnings. The organization is also the only other Eastern European team to win the prestigious award. 1 ranking. Top 15 eSports Teams, Earnings, and Salaries: 1. Titles include Age of Empires II, Apex Legends, and Fortnite. Let's take a look at the highest-earning individual players along with the top teams that are raking in big bucks. He is betting that an expansion into Fortnite will help take him there. However, much like G2, Liquid has diversified its team portfolio and brings in money from multiple titles. Chipotle took notice and signed what could be a seven-figure deal with TSM. While team Aster performs with 40.00% winrate. With a net worth of $1.7 billion, esports is a small part of his portfolio, but one with a lot of space to grow. FaZe would go on to lose to eventual champion. This month, the five-year old company, which is owned by Jack and Paullie Etienne, raised $50 million in Series B funding. FaZe Clans revenue figure was taken from its S-4 filing with the SEC as it seeks to go public; all other revenue figures represent an estimate for 2021, including both core esports and other divisions of each company. The club was founded in 2015, in Moscow, Russia. We also use third-party cookies that help us analyze and understand how you use this website. Team Liquid's estimated value is $310 million and they successfully generated $28 million this year. They initially focused on the original Dota, although they have since expanded to Dota 2. NRG Esports already owned the San Francisco Shock OWL team, but its their acquisition of former OpTic Gaming chief Hector H3CZ Rodriguez that really turned heads among the gaming community. European-based Team OG began as the team Monkey Business, which rebranded in October 2015. It has dedicated teams for Dota 2, Hearthstone, and League of Legends. A surprisingly large number of people compete in eSports teams to earn their living. In December 2015, Team Spirit acquired CIS Rejects and formed their first Dota 2 squad. Team Spirit beat PSG.LGD in the Grand Finals of The International 2021, earning more than $18 million, the highest prize ever awarded in eSports. According to their annual report, Cloud9 is now worth an incredible $400 million. The Premier League and Electronic Arts are reportedly nearing an extension doubling. In December 2020, FaZe Clan was worth $305 million. Ninja is the type of gamer every esports company and their sponsors covet. Here are 15 of the most popular eSports teams right now in alphabetical order. Another team steeped in esports history, FaZe Clan started life as a Call of Duty sniper team, but now operate teams in the franchise CoD League and CS:GO, and are home to some of the biggest Fortnite streamers and professional players in the world. The Dallas Empire are the winners of the inaugural season of Activision Blizzards Call of Duty League.