16-year-old Fortnite World Champ Won’t get Full $3M Prize

Blasting News estimates, “After the tax deductions, Bugha’s projected take home earnings will be cut down to $1.5 million.”

But then, Bugha has a one year contract with a gaming organization named Sentinels, in which, the Wall Street Journal reports that “about $600,000 (of the prize money) going to the organization.” 

Bottom line: After winning the $3M prize,, Bugha will take home around $900K.

 

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100 Thieves Plans to Become Biggest Gaming, eSports Brand

100 Thieves is creating a new headquarters where there will be “esports practice space and a production soundstage that it plans to use for streaming matches, and distributing podcasts and other content (a retail storefront),” LA Business Journal reports.

“Esports company and team manager 100 Thieves raised $35 million in a Series B round to fuel its expansion and the development of a new headquarters in Los Angeles.”

“We now have everything we need to be the biggest gaming and esports brand in the world,” 100 Thieves Chief Executive Matthew Haag said in a statement.

 

Nike and K-Swiss Begin Making eSports Shoes

USA Today announces “Nike also has a sponsorship deal with TJ Sports – a joint venture between Chinese videogames firms Tencent and Riot Games – that will see the firm’s League of Legends Pro League team exclusively compete in Nike clothing until 2022.”

USA Today also claims “K-Swiss has launched a limited-edition sneaker designed specifically for esports players, with the brand claiming the $125 shoe is the first of its kind.”

K-Swiss promises their shoes will enhance gamers performance. Highsnobiety tell “The ONE-TAP’s heel is foldable, allowing its wearer to rock it like a slide. A ‘Flow Cool’ TPU venting unit creates breathability suited for rooms that are warm. Should the room prove cold, wearers can cover up the vents with a second wool in-sole, like a football player wearing sleeves when Lambeau Field becomes the Frozen Tundra.”

President of K-Swiss Barney Waters states, “In the esports world, this is no exception as physical and psychological preparation breeds excellence in performance, exactly what the ONE-TAP offers.” 

 

Dota 2’s T19 Prize Pool Makes History

Luckbox announces Dota 2’s The International 19 has passed $30 million in prize pool which makes it “the largest for any single tournament in esports history… It’s anyone’s guess but the next milestone is $35m and it would be no great surprise to see it reached.”

Dota 2 and their battle pass beat out Fortnite’s World Cup huge prize pool of $30 million. Luckbox claims Dota 2 couldn’t have done this without their great fan base who buys the battle pass and in return earn cosmetics and new game modes. 

James McMath, Media Manager at Luckbox, said, “Publishers Valve donating 25% of (battle pass) sales to the tournament prize pool.”

Washington Post to Start Twitch Channel

Old media’s hunt for new audiences continues, as Digiday reports that the Washington Post will launch two shows this week.

Digiday: “One is live news coverage hosted by video reporter Libby Casey, starting July 16 with a livestream covering President Trump’s meeting with Russian president Vladimir Putin, with the frequency to be determined by the news cycle. The other is a series starting July 19 called ‘Playing Games with Politicians’ where political reporter David Weigel will interview prominent politicians (Rep. Matt Gaetz, Sen. Corey Booker and Rep. Suzan DelBene are confirmed for the first season) while they play video games.”

As the post notes, Twitch is owned by Amazon, whose CEO Jeff Bezos owns The Washington Post.

The post continues: “The Post had been watching Twitch for a while because it has a big, untapped video audience. Per the platform, it has 15 million daily active users and it reportedly has 1 million views at any given time… Its decision to launch a channel was validated when it broadcast Mark Zuckerberg’s hearings on Capitol Hill in April and got 380,000 viewers the first day and 1.5 million views in all on its top clip that day. For comparison’s sake, the top channel on Twitch Friday afternoon was Fortnite, with just over 200,000 live views.”

How eSports Video Stars — ‘Host, Casters and Analysts’ — Are Born

CNET explains “How esports stars broke into the Dota 2 scene.”

Says self-described “professional idiot” Jake “SirActionSlacks” Kanner: “A lot of people tell me, oh you know, he’s got this act and it’s so good but it’s really different kind of intelligences I guess? I’m pretty stupid in a lot of ways — I can’t spell, I can’t pronounce words correctly. It’s less of an act, it’d be nice if it was an act.”