The Biggest Cash Prize in eSports

The biggest cash prize in eSports was announced by Gamers8, a Saudi Arabian esports tournament organiser, with a staggering prize pool of $45m for its 2023 event, dubbed ‘The Land of Heroes‘. This figure surpasses the previous record held by Dota 2’s 2021 International with a prize pool of $40m, making it the largest in eSports history.

Frequently Asked Questions

General eSports FAQs

1. What esport has the biggest prize money?: The eSports game with the greatest tournament prize pool in 2022 was Dota 2, exhibiting a cumulative prize pool valued at 32.85 million U.S. dollars.
2. What is the highest prize money in sports?: Formula 1 offers a whopping sum of around $135 million to the winner, followed by the UEFA Champions League, FIFA World Cup, and other prominent sports events.
3. Do eSports players get all the prize money?: A common split across titles is 80% to players, 20% to the organisation, but this depends on the contracts between players and teams, with some organisations giving all prize winnings to their players.
4. What is the biggest contract in esports history?: Team SoloMid announced an exclusive 10-year, $210 million naming rights partnership with FTX, the largest of its kind in competitive gaming history.

Player Salaries and Earnings

5. What is the average salary of an eSports player?: Professional eSports players‘ earnings average $1,000 to $5,000 per month, with factors like skills, social following, and reputation affecting their monthly salaries.
6. Who is the highest paid League of Legends player?: Lee Sang-Hyeok, better known as Faker in the League of Legends Esports, has the most career earnings of all time, with a total of $1.4 Million from all the competitions he joined in his whole career.
7. Can you make a living off eSports?: Yes, there are numerous ways for an eSports team to make money, including sponsorships, merchandise sales, prize money, and broadcast revenue.

eSports Games and Tournaments

8. What is the #1 esport?: According to statistics, the biggest top Esports Game in terms of the number of prize money is Dota 2, whose prize pool for all time was $308 688 084.
9. What is Fortnite worth?: As of 2023, Fortnite’s net worth is estimated to exceed a staggering $10 billion.
10. Why is TI prize pool so low?: The recent decline in Dota 2’s popularity and Valve’s decision to change The International 12 Compendium haven’t had a positive effect, resulting in a lower prize pool.

Player Profiles and Careers

11. Who is the youngest esports player millionaire?: At the age of just 15 years 229 days, Jaden, better known among gamers as “Wolfiez“, walked away from one of the biggest eSports tournaments with over $1 million in his pocket.
12. How much do eSports players play a day?: Professional players practice for nearly 8 hours each day to succeed at a competitive level.
13. Is eSports a good career?: Yes, you can have a worthwhile career in eSports, with various roles like coaching, shout casting, marketing, and journalism available.

Additional Information

14. How much is La Liga prize money?: The champion of La Liga receives just over 60 million.
15. What is the richest gamer in the world 2023?: The richest player in the history of eSports is n0tail, a Danish Dota 2 player and one of the founders of OG, with over $7.1 million in earnings throughout his professional career.