Ouch. That's nothing.
Ouch. That's nothing.
Dota2's $25+ million prize pools are virtually entitely crowdfunded from the fans. Yesterday, a commonplace tournament wrapped up giving the winners $300K and a new Mercedes.
The article mentions Esports viewership is about to surpass pro sports, yet pro sports have massive government funding and support from elementary school up through stadium construction. They are further entrenched in monopolistic competition through cable TV and regulatory laws. So then is esports really the artificial bubble industry, and not pro sports?
Further, Esports has been linked with positive externalities such as cognitive benefits--high IQ development--while some of the pro sports are literally the opposite, being linked with CTE and other neurological destruction. Shouldn't public funding change, then?
If I had to choose a sport for my kid to have delusions of being able to go professional, I wouldn't pick esports, despite myself playing many of those games.
The intelligence argument is weak at best. Among other things linked with an increase in intelligence: a good night's rest and regular physical exercise. I will give you the hand eye coordination point though.
Ultimately, esports should be treated as exactly what pro (physical) sports are: entertainment, best in moderation.
If you blow out your knees before the age of 22 due to playing competitive team sports, you're probably not working on your feet for a living.
I'm not totally convinced it isn't. Franchise valuations and player salaries have been increasing at a very fast pace, all of which are propped up by television revenue. Should TV subscription numbers drop (as many predict they will), I'm not sure they can recapture that lost revenue.
It's not going to be a killer, likely, since they have other revenue streams such as merchandising, ticket sales, etc. But with many teams signing large, multi year deals just to stay competitive, I could see it causing a number of very painful years. It would not surprise me at all if at least one of the major professional leagues contracted sometime within the next decade.