Akshon Media

Why Are Esports Teams Paying Millions Of Dollars Just To Compete?

Date: Apr 29, 2022

In the past few years, the esports industry has seen unprecedented levels of growth. With more and more esports organizations taking on sponsorships and investments from Fortune 500 companies like AT&T and Disney, prize pools are growing bigger and bigger and tournament viewership is breaking record highs/
In the time that esports has grown from humble grassroots beginnings to becoming a billion-dollar industry, there is a term that has savvy investors seeing green, sports team owners opening up checkbooks, and fans unsure if they should be worried or excited about the future of their favorite title. That’s right, in today’s video we’re talking about franchising.
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