Money Making Ideas eSports 2020

Esports are exploding in popularity growing by 30% every year and are on track to have more online viewers than the NBA, the NHL, or the MLB in only two years. With $750 million invested in 2017 alone, the Esports industry is now worth $1.5 billion and it's expected to reach $2 billion by 2020, but who's all that money going to?

Twitch streamers and pro teams, most of their income comes from sponsorship which involves promoting and selling everything from Esports drinks and keyboards to very expensive gaming chairs. And in Esports those sponsorship work in one of two ways.

The first is being a title sponsor who starts, pays for, and team owner. Other one is team agency. They without sponsor title but let sponsors any type of promotion they need, by putting their logos on jerseys to creating content to promote their product.

And Esports athletes make anywhere from $80,000 to $300,000 a season to help their team do both of those things and just like any other sport, these leagues have teams with captains and coaches. Some teams even live together with personal trainers, personal chefs, and practice rooms where they spend 10 or more hours a day perfecting their game.

To use League of Legends as an example their season starts third week of January and the competitive season runs up until the end of November so that's longer than any other traditional sports league and they're expected to be on that entire time. It's pretty grueling.

As a an emerging sector you can pay to get personal coaching from some of the best players in the game there's always an option to become a sportscaster.

While the developers of the free game League of Legends bring in $1.6 billion a year on in-game purchases that let players unlock new and custom characters.

Anybody that wants to play can really do it. And while we may have predicted that video games would become this popular, who would have thought there'd be a billion dollars to be made in mashing buttons?

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