Why is esports a thing?

#1

AstroGalaxy

Like its not profitable for most orgs, I just dont see why this exists tbh.

In csgo orgs profit off like stickers and gambling I guess but why even take the risk?

#2

nihso

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For fun!

#3

AstroGalaxy

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so we wasting millions for fun?

god I would love to be rich

#6

bronzil_enjoyer

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millions is nothing if you are a billionaire

#7

CanadaMan

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Esports will always exist whether its a local lan tournament being streamed on twitch with no live audience or if its at Madison Square Garden. People love watching the best compete against each other no matter what the activity/sport/game is.

#17

gamergirl

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we have the best competing then we have 100t and team liquid doing whatever they do

#22

Two_Percent

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🤪

#16

kaninv

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have you watched traditional sports my friend, if you see fun as a waste
esports wastes millions
those waste BILLIONS
by the way traditional sports are legitimately just funded through taxes and our government because if it wasn't it is also extremely unprofitable

#18

AstroGalaxy

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why would I watch sports like soccer when I can do literally anything else

#19

kaninv

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unironically based.
I have no counterpoint.

regards.

#21

gamergirl

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ur wrong football is extremely profitable lol

you think the fucking NBA is funded through the government? or the premier league? weird take

pretty much the only sports that arent self-sustaing are e-sports/other smaller sports lol all others make enough to sustain themselves.

and esports is only government funded in china some SEA countries, japan, korea to the best of my knowledge

sports are def profitable, im acc sure if riot was able to sell League the way the NBA sells their product they could be insanely profitable too

#23

kaninv

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in 2011 22/30 teams in the NBA were unprofitable
only recently has this changed to be profitable through massive television rights contracts (why literally every youtube video, twitter video etc gets INSTA taken down) and same with american football with their season pass tickets, which, by the way, was found to be illegal and collusion and they are now being sued for. so yes, sports are generally not sustainable.

premier league teams are not profitable either, it took one google search to find that out. it's funded by saudi's who want to see good football. I'm not talking about if it's profitable for RIOT, I'm talking about for teams.

I can keep looking through by the way, but I'm just saying that mbappe makes $128 million a year for a single player so if you make a $40 profit off a $70 jersey to fans you'd have to sell 3.2 million jerseys just for that single player EVERY YEAR and that's not even getting into every single other cost to run a massive sports team.

#24

gamergirl

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by the fucking way what does 2011 have to do, in 2024 all 30 teams are profitable, and very much so

football clubs were super profitable and have been for a while, it recently changed due to covid and teams are recovering, not just saudi teams

all big clubs will be profitable within the next few years again, and it has to due with TV rights. TV RIGHTS are the key to profits in esports or sports, riot just needs to man up and do it

#25

kaninv

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2011 has to do with it because I'm saying it just recently changed which I stated.
football clubs generally are not profitable and they still were not during COVID when viewership rose.
I already brought up TV rights and said that is how they make money, but that's profit for the association not for the teams.

#26

gamergirl

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they were not during covid because they had to keep playing players, and stadiums were closed? clubs had an obligation to continue OPERATING as if they were generating money, which they werent for a long time

TV rights trickle down to teams, when the prem signs a tv rights deal all teams profit off of it.

2011 was 14 years ago? recently how? we are in a completely different era and streaming/tv rights are bigger than ever

https://www.fcbarcelona.com/en/club/news/3703615/fc-barcelona-announces-after-tax-net-profit-of-304-million-euros-in-202223

barca off of some of the worst financial years they have ever had recording profits of 300 million, madrid is probably higher too lol just no reason to act like sports are not profitable

continue thread →

#4

CanadaMan

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Esports are insanely fun and entertaining to watch, there is a way for orgs to make a profit and its through the content side of things.

#8

Bluelive

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Crazy too because the most average Views that a very popular org video releases is usually around 150-300k

#13

CanadaMan

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not even just that, look at Sen. They have Tarik, Aceu and now TenZ plus when Zelssis and Curry stream. Also all the non esports cc's they have like 39Daph. Sen 100% make almost all their money from content creators they have signed

#11

Er3ngenes1s

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not every team is gonna profit from content unless they are clouted. not the main TOs have to provide content like stickers and gambling like they do in cs

#5

geospliced

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Sponsors! :D

#14

Prasinos

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Influece on interner and among other orgs! :D

#20

Mortadelo

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Looking at FNC’s finances, not nearly enough

#9

K4ziuHa

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you saw mortadelo fnatic post ---> you post this
why?
also its to solidify their position, so they're there when eSports become profitable

#10

Twentytwo

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Yea why do redbull and all these sponsors throw away money for people's entertainment.

#12

Ryzmii

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ok ima approach this from a philosophical viewpoint

in terms of esports as a competition, its because as long as something can be won or lost people will want to compete and be better than others no matter what it is, its in human nature

and as a public affair (tournaments hosted and streamed) its because those same people are also passionate about this and cheering for their team/players

#15

Upstander123

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I mean, it's for the same reason regular sports are a thing. I doubt football was immediately profitable either but look at it now.

#27

n1cf

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money laundering

#30

badvibrations

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let the rich waste their money

#32

IZAYA_ORIHARA

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Gambling