Esports, or electronic sports, are a type of digital video gaming competition. Just a few years back, the entertainment genre had a rather niche market. However, the current surge in low-cost electronics, accessible internet connectivity, and a variety of other circumstances have propelled the genre into mainstream attention. As a result, most young people are familiar with esports nowadays.
Esports, like other forms of sports, has seen its fair share of franchising. The availability of international competition and the opportunity for profit has changed the views of many organizations on the type of entertainment. Due to this, there are currently a good number of esports companies, and new organizations are being established regularly.
While a plethora of organizations existed since the CS:GO, Dota2, and League of legends era, the battle royale craze and recent epidemic helped esports become more mainstream than ever. Games like Valorant, Apex Legends, and Fortnite also encouraged more fans to enter the competitive scene.
Interestingly, one of the most prominent esports companies, Faze Clan, publicly declared that their worth exceeded $650 million recently. This is a strong indication that esports has evolved to be one of the most valuable business sectors presently. The fanfare likewise syncs with that. So, in this post, we have identified the top ten esports organizations based on their monetary worth for fans to enjoy.
- Name: Team SoloMid (TSM FTX)
- Premier Games: League of Legends, Rainbow 6 Siege, Valorant
With a net worth of $540 million, TSM is definitely the most valuable esports organization in 2022. Their R6 team recently claimed the Rainbow Six Invitational championship. In addition, their Apex team managed to reach the finals in both ALGS Split 2 playoffs and more importantly the ALGS Championship.
2. 100 Thieves
- Name: 100 Thieves, LLC
- Premier Games: Apex Legends, Call of Duty: Vanguard, League of Legends, Valorant
100 Thieves is an American lifestyle brand and esports organization with a net worth of $460 million in 2022. The organization’s Call of Duty team recently won the 2022 championships. Furthermore, their LoL and Valorant teams both qualified for their respective international championships. They have recently acquired Timmy “iiTzTimmy” An, a popular Apex Legends streamer.
3. Team Liquid
- Name: Team Liquid
- Premier Games: CS: GO, Dota 2, League of Legends, StarCraft 2
Founded in 2000, Team Liquid is one of the earliest esports organizations. It currently boasts a net worth of $440 million. This year, the group made a strong showing. Their competitors in the ALGS Split 2 playoffs and CS:GO ESL Pro League finished second in both events.
4. FaZe Clan
- Name: FaZe Clan
- Premier Games: CS:GO, FIFA, Valorant
FaZe Clan has seen overnight mainstream success thanks to its solid CS:GO and Call of Duty rooster. The company now has $400 million worth. As usual, their CS:GO team had a solid year with four titles – PGL Major Antwerp, IEM Katowice, IEM Cologne, and the ESL Pro League S15.
- Name: Cloud9 Esports, Inc (C9)
- Premier Games: CS:GO, League of Legends, Overwatch, Valorant
Cloud9, which was created in 2013 for League of Legends, has surfaced as one of the more notable personalities in the professional fps division. The esports organization currently has a net worth of $380 million. While they haven’t achieved much in other titles, their team came out on top at both the Halo Majors and the World Championships this year.
6. G2 Esports
- Name: G2 Esports (G2)
- Premier Games: CS:GO, League of Legends, Valorant
The Berlin-based esports corporation is another big name in the League of Legends scene, with a $340 million net worth. Its Valorant team recently lost its seat in the VCT 2023 due to a scandal related to the CEO. On the bright side, the Lol team won the LEC 2022 summer championship. Furthermore, the Rocket League division won the RLCS Winter major and came in second at the RLCS World Championship.
- Name: FNATIC
- Premier Games: CS:GO, Dota 2, R6 Siege, Valorant
Fnatic is another well-known esports organization based in London. The present net value of the corporation is roughly $260 million. They became champions in the second stage of VTC Regional Europe 2022. While their Apex squad finished in the top four in the ALGS 2022.
- Name: Gen.G Esports (KSV Esports)
- Premier Games: League of Legends, Overwatch, Valorant
The Korean esports organization has seen rapid growth since its establishment in August 2017. With a solid roster of some of Korea’s best professionals in LOL, the team has been a premier in the professional scene. The team recently won the LCK 2022 Summer and defended their second place in the Spring Championship. Their net worth is around $250 million.
- Name: NRG Esports
- Premier Games: Overwatch, Valorant
While NRG has a talented team in Valorant, Overwatch, and Rocket League, it is best recognized for its enormous roster of popular YouTube and Twitch streamers. Aceu, s0mcs, ethos, Flexinja, and many other popular streamers are members of the organization. The net worth of the “social gamer” e-sport media and lifestyle organization is $240 million.
- Name: T1 (previously SK Telecom T1 or SKT1)
- Premier Games: League of Legends
T1 is the first name that comes to mind when thinking about League of Legends in Asia. The team, which included perhaps the finest LOL player in the world, Faker, dominated the Asian LOL scene for nearly a decade. Its net worth presently stands at $220 million. The LOL team recently came 2nd at the DPC SEA 2021-22 regional final and listed 3rd at both tour 1 and tour 2 division 1 tournaments.