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George originally got it wrong and fixed his mistake (wrong by a huge margin) . Most people who are big names in the community are choosing not to believe this figure too.
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Players have confirmed that their salary was not 25k per month.
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The original purest report says that they would be able to explore their options, however they are not terminating contracts and can still ask for buyouts.
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EG waited till after the start of the transfer window to tell the players about the pay cut meaning they lost time they couldve spent on negotiations.
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EG has been a shady org in the past being currently in investigations for player neglect by riot.
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The org told the players that they were special publicly right before mandating to cut their salaries.
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We have no ideas what the royalties would be percentage-wise.
Please don't assume or vilify the players for something we have no info about.