Video games have gone a long way from being meer time filler to being one of the fastest-growing industries in the world. With the exponential growth from video games and the need for a competitive scene, many esports organizations and tournaments have come to life and regulated how we play and watch video games. Which esports organizations are the most influential in this world?
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Hundred millions of dollars
On top of the list, Cloud9 and TSM are assessed at $400 million. Both organizations have their names on the list across various esports like League of Legends, Hearthstone, PUBG, Overwatch. TSM – Team Solomid has made the biggest jump of $150 million as compared to last year’s price tag. Cloud9 is still comfortable on top with their esports teams spread across multiple red-hot games.
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The #3 is undoubtedly Team Liquid. Being among the longest-running esports organizations, Team Liquid fields various rosters across some of the most competitive esports like Dota 2, CS:GO, PUBG, Fortnite. Their success with Dota 2 team during The International 2017 and 2019 was massive with multiple millions of dollars. Their CS:GO division also claimed the most prestigious trophy in CS:GO – IEM Grand Slam – with $1 million. Team Liquid is evaluated at $320 million.
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Success across multiple esports
Another big name on the list is FaZe Clan with their #4 place. With their exponential growth in Fortnite and PUBG, and decent success in CS:GO, FaZe Clan is priced at $240 million.
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The top 5 on the list is Immortal Gaming Club – owning multiple businesses like Immortals, MIBR, Optic Gaming, Los Angeles Valiant, and the Houston Outlaws. The organization has reached multiple deals over a large span of time, boasting the price tag of $210 million.
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Other honorable mentions are #7 fnatic with $175 million, #9 G2 Esports - $165 million, #10 100 Thieves - $160 million.
This could easily refute the claim the billionaire Mark Cuban made earlier this month - ‘Owning a team is an awful business’. Aren't esports businesses making a killing with their games?
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