VALORANT Champions 2023 Bundle Raises $20 Million

Author

Moin Khot

Date

Aug, 24.2023

VALORANT Champions 2023 Bundle has shattered all expectations, propelling the event's prize pool and teams' earnings to unprecedented heights. This year's edition of the prestigious tournament has witnessed an astonishing surge in funding, thanks to the introduction of a captivating skin bundle that has not only captivated players and fans alike but has also transformed the competitive landscape.

Players Contribute $20 Million to VALORANT Champions 2023 Prize Pool Through Bundle

When VALORANT Champions 2023 kicked off, it boasted a substantial base prize pool of $2.25 million, marking a pinnacle in the history of the game's competitions. However, the infusion of a compelling skin bundle, designed to channel funds towards participating teams, has triggered an unforeseen windfall. The initial estimates for the event's skin bundle far surpassed predictions, a phenomenon magnified in comparison to the tournament's prize pool.

Riot Games announced a staggering revelation on August 24th through a tweet, unveiling that the skin bundle had already amassed an astonishing $20 million USD for the participating teams. This staggering figure is nearly tenfold the size of the event's prize pool, underlining the immense impact of the bundle. Impressively, this lucrative bundle, which directs 50 percent of its proceeds to the teams, signifies that Riot Games has raked in an astounding sum of over $40 million from the 2023 bundle alone.

When compared to preceding years, the 2023 bundle stands as the most financially rewarding Champions bundle to date. For context, the inaugural bundle released during the 2021 edition garnered just over $18 million, with the teams receiving a split of $9 million. In the 2022 VCT Champions, the supplementary prize pool reached $16 million, translating to an impressive $1 million per team, a sum now mirrored in the 2023 Champions' base event prize pool.

Also read: NRG Esports Contemplates Overhaul of VALORANT Roster for 2024 Season

While tournament performance still influences a team's share of the prize pool, the introduction of the skin bundle guarantees that every qualifying team reaps rewards. This strategic move ensures a consistent stream of financial support to the teams, irrespective of their standing in the tournament. Notably, the article underscores the possibility of divergent distribution approaches between organizations and players when it comes to the skin bundle proceeds, as opposed to the fixed structure of prize pool allocation.