What is the Prize Money for League of Legends 2023?
League of Legends, one of the most popular multiplayer online battle arena games, is known for its intense competitive scene. The game’s biggest event, the World Championship, has a significant impact on the esports industry. In this article, we will explore the prize money for League of Legends 2023.
Previous Prize Pools
In the past, the prize pool for League of Legends has consistently increased, with the 2022 World Championship having a record-breaking prize pool of $2.2 million. This is a significant jump from the $1.5 million prize pool in 2021.
Current Prize Pool
As of now, the total prize pool for League of Legends 2023 is estimated to be around $2.9 million. This figure is subject to change as more teams participate in the tournament and more sponsorships are secured.
Prize Pool Breakdown
Here’s a breakdown of the estimated prize pool for League of Legends 2023:
- Winner: $650,000
- Runner-up: $400,000
- Third place: $250,000
- Fourth place: $150,000
- Fifth to eighth place: $100,000 each
- All other teams: $50,000 each
Tournament Structure
The League of Legends 2023 World Championship will feature 20 teams from around the world. The teams will be divided into four groups of five teams each, with each team playing a double round-robin match. The top teams from each group will advance to the knockout stage, where they will compete in a best-of-five series to determine the champion.
Sponsorships
The League of Legends 2023 World Championship is expected to have several major sponsors, including Riot Games, Mastercard, and Coca-Cola. These sponsors will provide financial support to the teams and the tournament, helping to increase the overall prize pool.
Conclusion
The prize money for League of Legends 2023 is estimated to be around $2.9 million, with the winner taking home a significant share of $650,000. The tournament is expected to be highly competitive, with the best teams from around the world competing for the coveted title. With several major sponsors on board, the prize pool is likely to increase even further, making it one of the most lucrative esports events in the world.