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"The loss of the LEC division exceeds 430 million" is on fire, all of which is borne by Tengjing, no wonder the skin is getting more and more expensive

Foreword:S15The game of the season has officially begun,I believe that the vast majority of players have paid attention to the confrontation in the recent period,The competition in each major region is relatively intense,From the current overall situation,The popularity of the lpl division and the lck division is still relatively good,The overall fan viscosity is also very high,But the foreign media has spread a news that all fans are very surprised,The current League of Legends has lost so seriously,Especially the LEC division,Only after the establishment of this division, Now it has reached a loss of 53 million euros, and the cost of these losses is all borne by Tengjing, no wonder the price of the skin has been getting higher and higher during this period to make up for the loss in the LEC division.

Tengjing lost more than 430 million


I believe that the vast majority of players are still familiar with League of Legends, as an e-sports game, it has developed into such a scale in just over a dozen years that it has been very successful. From the current point of view, the official is not particularly satisfied with the operation of the game, and even in order to increase the popularity of the LPL region, it also injected funds into the IG team during the winter transfer period, allowing them to form a lineup of the all-god class, but the current overall results are not particularly good, and they may not even be able to get a place in the World Championship.

I thought that the situation of only the LPL division was not very good now, but I didn't expect that there were more or less problems in all major regions of the world, and even the LCK, which won the world finals, was losing money, which was definitely not good news for Tengjing. Just recently, foreign media publicly exposed the financial expenditure problem of the LEC division. Since the 2023 financial statement suffered a heavy loss, Riot has put a lot of pressure on the LEC division to change the status quo. At present, Riot is still profitable, especially in the second or third year, the net profit has reached 385 million euros, but the official still strictly controls the costs of various subsidiaries, especially the LEC division.

Since the establishment of the LEC division in 2019, the total loss has now reached 53 million euros, which is equivalent to more than 430 million euros, and all these expenses are borne by Tencent Games, and even exposed the employee salaries of LEC's broadcast subsidiary, with a total of nine employees, but the labor cost is as high as 1.2 million euros, and each person's annual expenditure has reached 133,000 euros, which is commonly known as the annual salary of one million, and the ordinary broadcast employees of the domestic subsidiary will definitely not reach this value. I didn't expect Tengjing to be cheated one day, no wonder the price of skins is getting higher and higher, in order to make up for the loopholes in other places.

As soon as this incident came out, it quickly attracted heated discussions among players in the whole LPL division. I believe that many official staff have also seen the commentary of the LPL division, a game is about 2500 to 3,000, and the salary of players in the European and American divisions is 3 to 4 times that of these ordinary staff. The current LPL division may still be able to broadcast live stably, but I don't know what it will be like in the future, after all, the IG team has not brought much income to the division, it is basically a negative expenditure, but I don't know how to adjust it in the back.

Goodbye thinks

I feel that the continuous revision of the competition system has made the current league popularity decline very serious, unless it is a game of those popular players, otherwise, there will not be too many fans watching the game, especially the confrontation of some weak teams. It was revealed that the weak team was playing before, and there were many live spectators who were dressed up by the staff, and it is estimated that it should be like this now. Even the LCK division, which has won the World Finals championship all year round, is losing money, and other divisions can be imagined, and it is basically impossible to make money through the league.

What do you think about this?

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