!!!ALLAT WARNING!!!
Paying your players minimum salary which is still $50,000 a year is fine unless they are consistently making the biggest tournaments of the year and going deep or winning, and most teams/players who are doing so are getting paid significantly more. For context, even with a 50/50 split with the org on all money with the champions bundle, each player made $114.5k. These players that are making those lower amounts a lot of the time don't makes orgs much money since they aren't championship teams, and are less likely to pull in big sponsors and merch. On top of that, from what I know, all orgs make sure the players get housing covered most of the time (teamhouses), and travel and food (if they have a chef). Paying these players more if they aren't bringing in money from making large tournaments is unsustainable and why most orgs are in the red besides ones that pay these minimums and sell players or ones that have multiple championship teams. Also a lot of these players stream, have youtubes etc anyways and that also makes them money. On top of this, they overpayed players so much and didn't get results that they dropped their entire GC roster.
C9 is a team that made 0 big tournaments the entire year and was forgotten by most players, it's understandable why they got offered the amount they did. It's completely understandable why the players declined the contract, but I think the narrative that "C9 is cheap" is untrue or that these players aren't making "ENOUGH" money considering the value they brought to the organization.