doesnt make any sense.. any player would take a salary cut if it means they get to play in franchised league.. no one is in a position to be demanding salaries when there are so little spots and so much talent
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c9 on a budget
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JJfriends [#2]But living on minimum wage sucks, u could just like do another job and stream on the side for decent money.
its not minimum wage.. 5.5k per month is the league minimum which is like 90k per annum before taxes. That is not the minimum wage, even in LA. Plus they get free food and live in the c9 house for free.. anybody would snatch up that job if it means a franchised spot.
JJfriends [#2]But living on minimum wage sucks, u could just like do another job and stream on the side for decent money.
"living on minimum wage" lmaoo
KanyeAsada [#5]literally just a rumor
yeah people just assume cause they see c9 trialing with t2 players, they must be out of cash
kskm [#3]its not minimum wage.. 5.5k per month is the league minimum which is like 90k per annum before taxes. That is not the minimum wage, even in LA. Plus they get free food and live in the c9 house for free.. anybody would snatch up that job if it means a franchised spot.
lol thats not how much minimum is bro.
its 55k a YEAR
and 5.5k a month is 66k a year.
edit:
The minimum annual salary for Service Providers must meet both of the following requirements (the “ Minimum Salary Requir ements ”): (i) match or exceed $50,000 USD for Americas, €50,000 EUR for EMEA, or ₩67,000,000 KR W for Pacific (the “ VCT Minimum ”) for all T eam Members on the T eam Entity's Active Roster and the Head Coach, and (ii) comply with all minimum compensation requirements under Applicable Law . For Service Providers who wish to be paid in their local currency (i.e., Brazilian Real for Service Providers from Brazil), the Esports Service Agreement may be denominated in the local currency and must pay the Service Provider at least the VCT Minimum using the exchange rate between the local currency and the currency of the League (USD, EU, KR W) as of the date of signing.
from the VCT contract.
kskm [#6]yeah people just assume cause they see c9 trialing with t2 players, they must be out of cash
they're trialing with a ton of players doesn't really mean much
kskm [#3]its not minimum wage.. 5.5k per month is the league minimum which is like 90k per annum before taxes. That is not the minimum wage, even in LA. Plus they get free food and live in the c9 house for free.. anybody would snatch up that job if it means a franchised spot.
Brother 5x12 is 60. Ur off by 30
CherryCoke [#7]lol thats not how much minimum is bro.
its 55k a YEAR
and 5.5k a month is 66k a year.
edit:
The minimum annual salary for Service Providers must meet both of the following requirements (the “ Minimum Salary Requir ements ”): (i) match or exceed $50,000 USD for Americas, €50,000 EUR for EMEA, or ₩67,000,000 KR W for Pacific (the “ VCT Minimum ”) for all T eam Members on the T eam Entity's Active Roster and the Head Coach, and (ii) comply with all minimum compensation requirements under Applicable Law . For Service Providers who wish to be paid in their local currency (i.e., Brazilian Real for Service Providers from Brazil), the Esports Service Agreement may be denominated in the local currency and must pay the Service Provider at least the VCT Minimum using the exchange rate between the local currency and the currency of the League (USD, EU, KR W) as of the date of signing.from the VCT contract.
minimum what? Minimum wage in LA is $16.90 per hour.. which for 40hour weeks comes upto 2.7k per month.
Franchised league minimum is 5.5k per month.. which is literally twice the minimum wage. Assuming 5.5k per month is after taxes.. it comes upto around 90k per annum before taxes and 66k after taxes.
JJfriends [#10]Brother 5x12 is 60. Ur off by 30
u obviously cant read so i assume u have no idea how taxes work.. i literally said before taxes
kskm [#11]minimum what? Minimum wage in LA is $16.90 per hour.. which for 40hour weeks comes upto 2.7k per month.
Franchised league minimum is 5.5k per month.. which is literally twice the minimum wage. Assuming 5.5k per month is after taxes.. it comes upto around 90k per annum before taxes and 66k after taxes.
how can so much be wrong in one response.
"Starting next year, teams like 100T and C9 could potentially offer players the league minimum salary, which is currently $50,000 per year for Americas. Geddes reports that teams “will continue to provide external necessities such as housing” in an attempt to make up for lowered salaries. A recent study from March said that a single person living in Los Angeles would need to make $76,710 after taxes to live comfortably."
and 5.5k times 12 is 66k a year BEFORE taxes... so even if they did make 5.5k a month they would get taxed about 25% of that so they would make LESS not more...
kskm [#12]u obviously cant read so i assume u have no idea how taxes work.. i literally said before taxes
but how do yk it's 5.5k after taxes?
kskm [#12]u obviously cant read so i assume u have no idea how taxes work.. i literally said before taxes
5.5k x 12 is 66k a year BEFORE TAXES. That means you are taxed on the 66 grand. Where did u get 90 from. I think it the one who doesn't know how this works.
moatz [#14]but how do yk it's 5.5k after taxes?
Yeah does riot specify after taxes. No league will calculate taxes when putting in a league minimum.
CherryCoke [#13]how can so much be wrong in one response.
"Starting next year, teams like 100T and C9 could potentially offer players the league minimum salary, which is currently $50,000 per year for Americas. Geddes reports that teams “will continue to provide external necessities such as housing” in an attempt to make up for lowered salaries. A recent study from March said that a single person living in Los Angeles would need to make $76,710 after taxes to live comfortably."
and 5.5k times 12 is 66k a year BEFORE taxes... so even if they did make 5.5k a month they would get taxed about 25% of that so they would make LESS not more...
that report wherever you copied it from is incorrect.. just go to any pro streamer and ask them. League minimum is 5.5k per month after taxes. Should be around 90k per annum before taxes. My response is correct, the numbers are higher than the minimum wage decided by the govt. What one needs to make to live "comfortably" could vary and those numbers can be made up.. doesnt have anything to do with minimum wage.
moatz [#14]but how do yk it's 5.5k after taxes?
I've asked pro streamers who have confirmed it is 5.5k per month after taxes. i dont have a clip or i would've shared.
JJfriends [#15]5.5k x 12 is 66k a year BEFORE TAXES. That means you are taxed on the 66 grand. Where did u get 90 from. I think it the one who doesn't know how this works.
bro are u dumb? 5.5k is after taxes
kskm [#18]I've asked pro streamers who have confirmed it is 5.5k per month after taxes. i dont have a clip or i would've shared.
Ok cool after taxes is still 66 grand dumbass.
kskm [#17]that report wherever you copied it from is incorrect.. just go to any pro streamer and ask them. League minimum is 5.5k per month after taxes. Should be around 90k per annum before taxes. My response is correct, the numbers are higher than the minimum wage decided by the govt. What one needs to make to live "comfortably" could vary and those numbers can be made up.. doesnt have anything to do with minimum wage.
continue to live in a deluded world if you would like.
the minimum is not 90k a year and never was.
kskm [#19]bro are u dumb? 5.5k is after taxes
If it's after taxes it's still 66 grand a year. Not 90 idiot
JJfriends [#22]If it's after taxes it's still 66 grand a year. Not 90 idiot
bro are u actually braindead or what.. 5.5k per annum after taxes is 66k per annum after taxes.. should be around 90k before taxes. Can you read?
CherryCoke [#21]continue to live in a deluded world if you would like.
the minimum is not 90k a year and never was.
yeah bro ill take ur word over what a pro said on stream.. dumbass.. vlr literally filled with dumbass kids arguing to argue.. nothing to do with what the post means to say
kskm [#24]yeah bro ill take ur word over what a pro said on stream.. dumbass.. vlr literally filled with dumbass kids arguing to argue.. nothing to do with what the post means to say
or you can google and read 15 articles about it.
but ill help you
The minimum annual salary for a player in the Valorant Champions Tour (VCT) 2023 varies by region. According to the official VCT roster construction rules, the minimum annual salary for a team member is as follows 1:
Americas: $50,000
EMEA: €50,000
Pacific: ₩67,000,000 KRW (approximately $56,000 USD or ¥6,900,000 JPY)
It’s important to note that these are minimum salaries and teams are free to exceed them. However, potential bonuses do not count toward the minimum 1.
CherryCoke [#25]or you can google and read 15 articles about it.
but ill help you
The minimum annual salary for a player in the Valorant Champions Tour (VCT) 2023 varies by region. According to the official VCT roster construction rules, the minimum annual salary for a team member is as follows 1:
Americas: $50,000
EMEA: €50,000
Pacific: ₩67,000,000 KRW (approximately $56,000 USD or ¥6,900,000 JPY)
It’s important to note that these are minimum salaries and teams are free to exceed them. However, potential bonuses do not count toward the minimum 1.
or u could just ask a pro on stream who can verify it.. dumbass
kskm [#23]bro are u actually braindead or what.. 5.5k per annum after taxes is 66k per annum after taxes.. should be around 90k before taxes. Can you read?
To be fair that isn’t outright stated in your original comment
jackb2016 [#27]To be fair that isn’t outright stated in your original comment
yes it is..? "5.5k per month is the league minimum which is like 90k per annum before taxes" i literally said BEFORE taxes. one needs to be blind or straight cant read. unless ur dumb enough to think i miscalculated 5.5 x 12
kskm [#26]or u could just ask a pro on stream who can verify it.. dumbass
The minimum annual salary for Service Providers must meet both of the following requirements (the “ Minimum Salary Requir ements ”): (i) match or exceed $50,000 USD for Americas, €50,000 EUR for EMEA, or ₩67,000,000 KR W for Pacific (the “ VCT Minimum ”) for all T eam Members on the T eam Entity's Active Roster and the Head Coach, and (ii) comply with all minimum compensation requirements under Applicable Law . For Service Providers who wish to be paid in their local currency (i.e., Brazilian Real for Service Providers from Brazil), the Esports Service Agreement may be denominated in the local currency and must pay the Service Provider at least the VCT Minimum using the exchange rate between the local currency and the currency of the League (USD, EU, KR W) as of the date of signing.
from the VCT contract.
kskm [#17]that report wherever you copied it from is incorrect.. just go to any pro streamer and ask them. League minimum is 5.5k per month after taxes. Should be around 90k per annum before taxes. My response is correct, the numbers are higher than the minimum wage decided by the govt. What one needs to make to live "comfortably" could vary and those numbers can be made up.. doesnt have anything to do with minimum wage.
look I don't want to be that guy, if you admit 5.5k per month is league minimum. Then the yearly amount they make it is 5.5k*12.
That is 66k a year, I don't know where you get 90k per year(stock options? % of merch sales? brand deals/sponsorships?). But those are not required at all by the org so based on that argument then 66k is the league minimum.
Asokra [#30]look I don't want to be that guy, if you admit 5.5k per month is league minimum. Then the yearly amount they make it is 5.5k*12.
That is 66k a year, I don't know where you get 90k per year(stock options? % of merch sales? brand deals/sponsorships?). But those are not required at all by the org so based on that argument then 66k is the league minimum.
i am actually sorry to assume the braindead kids on this forum can read, let alone how taxes work. Like i literally said BEFORE taxes.. 66k per annum would be after taxes.
kskm [#17]that report wherever you copied it from is incorrect.. just go to any pro streamer and ask them. League minimum is 5.5k per month after taxes. Should be around 90k per annum before taxes. My response is correct, the numbers are higher than the minimum wage decided by the govt. What one needs to make to live "comfortably" could vary and those numbers can be made up.. doesnt have anything to do with minimum wage.
that is literally from the vct site you idiot
kskm [#17]that report wherever you copied it from is incorrect.. just go to any pro streamer and ask them. League minimum is 5.5k per month after taxes. Should be around 90k per annum before taxes. My response is correct, the numbers are higher than the minimum wage decided by the govt. What one needs to make to live "comfortably" could vary and those numbers can be made up.. doesnt have anything to do with minimum wage.
How is your basic math this bad lmaooooo. 5,500*12=66,000. where do you get 90k from
ronaldinhoooooooooooo [#33]How is your basic math this bad lmaooooo. 5,500*12=66,000. where do you get 90k from
5.5 a month is after taxes... thats literally what the comment says can you read
"any player would take a salary cut if it means they get to play in franchised league"
One of the most dumb things I've ever read to be honest.
You think every player is some 18 year old living on their parents money? People have families to support, parents to take care of, houses to buy, etc. 50k is not really livable in LA, and it definitely doesn't help you advance yourself financially.
Just yesterday there was a player saying on stream saying taking the minimum is tough because they support their parents with their income
kskm [#28]yes it is..? "5.5k per month is the league minimum which is like 90k per annum before taxes" i literally said BEFORE taxes. one needs to be blind or straight cant read. unless ur dumb enough to think i miscalculated 5.5 x 12
i mean i know what you meant, but im saying I can see where he was confused.
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