As eSports continues to grow in popularity, the participants are also gaining in popularity. Some of the top players are being asked to endorse all kinds of products. These endorsements are worth a lucrative amount of money. Anyone can become an eSport player as long as they can meet the requirements. One of these requirements is excellent gaming skills. Once you become an eSport player, you will be sought out by companies that want you to endorse their brands.
Depending on the brand, a single endorsement could be worth thousands of dollars. And, if you become a really popular player, you could rake in several endorsements.
Newzoo conducted research that revealed the revenue from eSports will surpass $1 billion by 2019. Everyone, including the players, video game developers, and brands, can profit from eSports. One of the most popular video games, Madden 19, has been featured as an eSport tournament. EA Madden Franchise has reported profits that total over $4 billion.
Esports tournaments can offer prizes up to a $1 million. The winning team will take home the prize money, which is split between all of the players. Some players are reporting hundreds of thousands in profits. If you are lucky enough to become a top player, you could earn up to seven figures a year.
Become An Event Organizer
If you have the time and money to spare, you should consider becoming an eSport event organizer. Organizing one of these events could earn you thousands, if not millions in profit from ticket sales. Ticket sales from the 2017 League of Legends tournament brought in $5.5 million. While the proceeds from the ticket sales are split between the players of the winning team, the event organizer will also receive a portion of that money.