The huge revenue is waiting for t1
As is known, in the middle of 2024, for the first time the Esports community in general and League of Legends in particular heard Esports World Cup. This is a tournament organized by organizations and Esports Federation in Saudi Arabia, with the ambition of electronic sports coverage to the oil country. T1 has become one of the championship teams at EWC 2024 and has a significant amount of bonuses (~ 700k USD, excluding the surrounding costs). But the benefit does not stop there.
T1's EWC 2024 championship is about to bring them a very large new revenue
According to the latest announcement, the Esports World Cup Foundation (EWCF) decided to open more partners programs for the top 40 Esports teams of the subjects. In particular, the teams that have won the subjects at EWC 2024 will be defaulted and the rest must apply for approval.
The most important thing is the budget for the program up to $ 20 million. Thus, the average division at least a team can receive an investment of up to about 500k USD. Of course, the number will be divided in accordance with EWCF. The market that this organization aims to include Southeast Asia, that is, VCS teams can also benefit.
The EWCF Fund will bring the partner package to the teams with the amount of funding for each team that can be up to millions of dollars and T1 is one of the teams with direct participation.
In other words, in case T1 can win the tournaments they attend (LCK, MSI, Worlds), the team can earn at least $ 1 million in 2025. This is a significant number in the context of eSports in general or League of Legends in particular, “belly belts” as currently.
The amount of money is really significant in the context of eSports to be tied to the belly as now, including League of Legends
T1 benefits while another team may have difficulty
The case of T1 caused Gen.G fans to “exclude”. Because, Gen.G in 2024 is considered very strong. But what this team has is LCK Spring 2024 and MSI later. The rest, they empty -handed in all the arenas, including EWC 2024 and LCK Summer 2024.
The community enlisted “Ca Khai” fans Gen.G when many fans of this team were sarcastic EWC 2024 was “grass”.
Of course, Gen.G can still register and get a capacity from EWCF. However, it is clear that if they make more efforts in their performance at EWC 2024, Gen.G would not need to go through current troubles.