![]() ![]() The revenue streams for esports companies are also extremely varied. Cloud9 owns both the eponymous Cloud9 League of Legends franchise and the London Spitfire Overwatch franchise, for example, as well as non-franchise teams in Halo, Counter Strike: Global Offensive, Fortnite, and other games. Try as we might to make a clean apples-to-apples comparison between esports and traditional sports teams, there are significant differences in the business models to consider.įor starters, major esports companies own multiple franchises and non-franchise teams across many games. ![]() Sports Franchisesĭifferences in Esports vs Sports Structures and Growth While the median value of an NHL franchise in 2020 was $520 million, the MLB, NBA, and NFL all saw median values of over $1.6 billion. In fact, four esports companies were estimated to be more valuable than two NHL franchises, the Florida Panthers and Arizona Coyotes.īut other sports leagues are further away. TSM, the world’s most valuable esports company in 2020, has a higher valuation than five NHL franchises. When compared to traditional sports valuations, esports companies have already reached major league hockey status. By 2020, four of the top 10 were valued at more than $300 million. The world’s top esports companies have grown quickly, and impressively.Īs of 2018, there was only one esports company worth more than $300 million in valuation. Esports Impress but NFL Teams Reign Supreme Despite competitive gaming’s rapid growth, there’s still a long way left to go. In the above graphic, we compare Forbes’ valuation of the top 10 esports companies in 2020 against median franchises in the “Big Four” major leagues (NFL, MLB, NBA, and NHL). Valued at almost half-a-billion dollars, they’ve started to pass some sports franchises in value. The world’s largest esports companies have definitely risen to the occasion. How Do Esports Companies Compare with Sports Teams?Īre esports on the same level as “real” sports? These comparisons range from tricky to subjective, but the monetary value of companies speak for themselves.
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