Faker turned down $10 million salary for T1 ownership deal - Business Insider

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Why esports' biggest star turned down a $10 million salary to become part-owner of his own team

plus additional prize money won during competition. When that contract expired in November 2019, fans speculated whether Faker would leave South Korea to seek more money from a team in China or North America.

"I am excited to continue playing for T1 and am thankful for all the fans around the world who have supported me all these years," Faker said in a statement announcing his new contract "I am honored to become a part owner of T1 and look forward to working with the leadership team beyond my playing career. I love this team and am proud to help mold the future of this organization.

"Faker is without a doubt, the biggest star in the biggest esport. Due to the instability of esports, we haven't seen many 'franchise players' — but Faker's history with T1 for the better part of the last decade has made him inseparable from their brand," Gafford told Business Insider. "It's unsurprising that the organization constructed a deal that ensures he will stay linked to them even into his retirement.

While other popular gamers like Felix "PewDiePie" Kjellberg and Tyler "Ninja" Blevins have made millions entertaining fans on video platforms like YouTube, Twitch, and Mixer, Faker's fame is born from his skills as a player. At 23, he's already one of the oldest competitors in professional "League of Legends," and his new player contract runs through 2022.

 

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