L TSM | VLR.gg

#1

sidar

https://twitter.com/FTX_Official/status/1591071832823959552

#2

Dybala21

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And why is TSM an L?

#3

babysasuke

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because they had a 10 million dollar sponsorship from them or something

#8

BoDork

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And how is that an issue for TSM?
Actual W since they can return to just being TSM and keep the money that has already been given to them with the sponsorship

#9

babysasuke

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I dont think its all paid up front though, I think it was 10mil over X years but I could be wrong on that

#10

babysasuke

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and looking forward, now they need to find a sponsor to replace FTX, and their brand is not what it was when they signed that deal (pre Regi/DL public blowout + employee abuse and tax scamming)

#16

babysasuke

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Its actually worse for TSM than I thought:

The deal is for 10 years and $21 million per year (for a total of $210 million)

https://www.sporttechie.com/tsm-esports-signs-210-million-sponsorship-with-ftx-crypto-exchange#:~:text=The%20deal%20is%20for%2010,as%20part%20of%20the%20deal.

So they made a good chunk of money, but theyre also missing out on a LOT of money in the coming years if they don't find someone else that wants their naming rights for around that price

#4

Warlordwibz

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TSM did a Mixer Ninja. W TSM

#5

masterbaiter69

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TSM aka “Truly Somewhat Mediocre” is a North American team that consistently underperforms in all international tournaments. It is specifically known for having a weak early, mid, and late-game.

#6

BoF7ooM

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Explain in valorant terms. I aint reading all that.

#7

babysasuke

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FTX forced a round 3 op dry peeked tiles and got headtapped with a marshall from tree

Then DC'd

#11

BoF7ooM

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Does this affect TSM, like getting 1 tapped by sherrif with spectre full shield in A main?

#13

babysasuke

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TSM died that round, needed a buy for round 4 but FTX tanked their econ now they need to save again and go down 0-4

#15

BoF7ooM

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Thank you babybasedsuke 😃

#14

simza

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its like your trolling phoenix disconnecting
it makes the game 4v5 but its still better than him being still there

#12

ItsMeDio

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What is that mean? TSM declared bankcruptcy?

someone pls enlighten me

#17

kiro159

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Why u calling TSM an L. No one expected FTX to be like this. Sad for the people who lost money especially the small accounts who just started out.

#18

babysasuke

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just talking shit for the sake of talking shit, no one actually blames TSM for signing it

their L is the sponsorship money theyre not gonna get

#19

kiro159

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Didn't they get it already upon signing?

#20

hiimnsk

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They still got 21 mill out of it, so theyre basically gonna lose the money they never had (the rest of 210m deal)

#21

toofan1

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Actually W for tsm

#22

capital_d_colon

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Its an L for esports.

The scene is very unprofitable.
most orgs are now switching to a CC/clothing brand model which has proven to be very successful.

death of order? cause by lack of merch sales.

Teams like c9/100t/fnc all push their merch heavily and it pays well.

Its hard to rely on outside funding constantly, they need to start providing more revenue to show for it