For keen online gamers, there are so many options to enjoy right now. Whether it’s via online casinos or on purpose-built games consoles like PlayStation, people have so much choice when playing online. It is within this context that the esports movement has evolved and become one of the most commercially viable sports industries on the planet.
Despite the coronavirus pandemic, esports has thrived in 2020, even though many big competitions were cancelled. From home, millions of viewers have watched countless teams pick up millions of dollars in prize money at various events throughout 2020. Unsurprisingly, Defence of the Ancients has remained the highest paying game throughout the year, paying out over $6million in prize money.
According to a Forbes report, the top ten most valuable esports teams are worth a staggering $2.4billion, making esports one of the most lucrative sports anywhere in the world and as you’d expect, there are many betting options, like with most modern sports. With such a phenomenal rise and commercial value, esports teams are money-making entities. In this post, we take a look at some of the teams that have dominated the world of Esports and continue to do so in 2020.
Owned by Andy Dinh and valued by Forbes at a staggering $410million, TSM is the most valuable esports team in the world right now. TSM is one of the most active esports companies, with teams competing in League of Legends, Teamfight Tactics, Super Smash Bros. Fortnite, and many other popular series. TSM is super popular on social media, and despite a disappointing performance at the 2020 worlds, they’re still a force to be reckoned with in the esports arena.
If we’re talking about the most successful team in the relatively short history of esports, only one name comes to mind: Liquid. With their roots in the StarCraft community, Liquid has evolved into the most widely known team in the esports industry. In recent years, Liquid has seen the most success in Dota 2 and has cemented itself at the top of the rankings as one of the best teams to compete across the industry. Team Liquid sits atop the table for the highest overall team earnings in esports, having earned nearly $36million competing in 1854 tournaments to date.
Fnatic is an esports team straight out of the United Kingdom, and they were formed in 2004. They became the first League of Legends champions back in the game’s first season in 2011 and have since grown into one of the most widely recognisable esports teams on the planet. They have had success across several games, including Fortnite, FIFA, and Street Fighter V. Still, it’s arguably their success in Counter-Strike Global Offensive that’s most impressive, claiming legendary status after their dominance in tournaments starting in 2015.
One of the original esports teams and founded way back in 1999, Evil Geniuses is one of the most successful esports teams of all time. They compete in a vast array of games, most noticeably Dota 2, League of Legends, StarCraft 2, Call of Duty, and World of Warcraft. They won the 2018 world championships in Call of Duty and have had impressive performances over the past couple of years in titles such as Rocket League and Rainbow Six. In recent years, their success across the board has led them to be widely acknowledged as one of the most prominent esports teams at present.
Esports continues to grow in popularity each year, with the teams at the top of the tree generating an unbelievable amount of prize money and revenue. Given the advent of new gaming technologies each year, it’s a safe bet that esports will continue to grow in popularity.