Valesports economy is Absolutely broken?

#1

Whysoseriousss

With an org which is popular af . And a great 2024 year , you are going to break even NEXT YEAR ????Are You giving golden eggs to everyone to eat ? this doesn't look sustainable

#2

number1_cned_hater

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Do they take into account their merch sale, champs money given and money from bundle?

#3

Nef0r0

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''A few days after the end of Champions, Sentinels revealed its financial results for 2023. According to the figures disclosed by the organization, the club's revenue grew by 20% compared to 2022, reaching $2.92M. This amount allowed for a gross margin before expenses of $2.672M, also a significant increase of nearly 40%. According to this report, early 2023 also marked the internalization of the club’s merchandising services, enabling them to quickly capitalize on the success of their VCT team. Indeed, Riot Games announced that Sentinels was the club that sold the most VCT capsules in the Americas region and the second worldwide.'' Pretty sure they do

#4

Nef0r0

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There are only a handful of orgs who are breaking even/in the green. Just off the top of my head, navi, kc, vitality, spirit, g2, liquid

#6

Whysoseriousss

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I never thought sentinels were this poor in management. They need to cut costs . I don't think i have seen anyone other than tarik doing their work . Is aceu even doing anything.

#7

Nef0r0

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sentinels and their management is not the problem, the entire org system is. Salaries are too big, too many content creators, paying for LA is a lot

#5

Sonny

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I dont know if you realize like 95% of orgs are not profitable at all lol. This is not even specific to valorant, in LoL, the biggest esport in the world by far, most teams are also reporting the same issue.