EPTCan someone clarify?
I can't seem to find the interview since there's so many Flash interviews.
How much does Flash get paid?
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aupstar
Australia912 Posts
Can someone clarify? I can't seem to find the interview since there's so many Flash interviews. | ||
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J1.au
Australia3596 Posts
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aupstar
Australia912 Posts
 Thanks... | ||
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Megaliskuu
United States5123 Posts
On June 11 2011 19:32 J1.au wrote: They are talking about this right now in the [MSL] Grand Final thread. Only cuz the people wanna feed the stupid sc2 trolls. Anyway I remmeber it being 250k-300 BASE + prize money. | ||
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aupstar
Australia912 Posts
People are saying his base salary is between 200k and 285k. | ||
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TwoToneTerran
United States8841 Posts
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aimaimaim
Philippines2167 Posts
OI OIE POTENTIAL MAJOR SPOILERS, OMG! | ||
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Musou
1375 Posts
http://www.teamliquid.net/forum/viewmessage.php?topic_id=129095 Basically says on the 'low end' he gets 250m KRW (~250k USD) which is likely his base salary. Note that the interview was done April 1 before he went on his rampage, and that his salary was raised to 300m KRW by KT after he lead them to win basically everything last year. Add in winnings and bonuses... | ||
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aupstar
Australia912 Posts
On June 11 2011 19:38 TwoToneTerran wrote: Prize money isn't factored in, Flash gets something like a base of 200K and then gets incentives to increase his salary based on # of proleague wins, # of ace match wins, and how deep he runs into each tournament because such things promote KT, I believe. No one besides his employers, Flash, the government and his parents probably know exactly how much he makes. I remember him answering the question in an interview though!! | ||
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TwoToneTerran
United States8841 Posts
On June 11 2011 19:38 aimaimaim wrote: OI OIE MAJOR SPOILERS! OMG!!! How does this thread spoil anything at all? There's only a vague mention to the MSL finals thread, it's purely about flash's salary. | ||
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moopie
12605 Posts
On June 11 2011 19:37 aupstar wrote: There's lots of here say..nothing much concrete. http://www.teamliquid.net/forum/viewmessage.php?topic_id=129095#1 AHEM | ||
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intotheheart
Canada33091 Posts
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aimaimaim
Philippines2167 Posts
On June 11 2011 19:39 TwoToneTerran wrote: How does this thread spoil anything at all? There's only a vague mention to the MSL finals thread, it's purely about flash's salary. I said "Potential"! + Show Spoiler + Hell, it doesn't take rocket science to knonw the result from the Finals base on this thread! | ||
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Black[CAT]
Malaysia2589 Posts
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aupstar
Australia912 Posts
On June 11 2011 19:39 moopie wrote: http://www.teamliquid.net/forum/viewmessage.php?topic_id=129095#1 AHEM W00t!! I think this may have been the one! :D Q: What’s your salary? -The income includes prize money from the leagues. On the low side, it’s about 250000000 won, and it can get up to 400000000 won on the high side. Last year I got about 300000000 won. Interview conducted on April 1st, 2010, Shindonga Magazine. Though this was before he went on his monster rampage..:D I would seriously not be surprised if it was much more now. | ||
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Dhalphir
Australia1305 Posts
On June 11 2011 19:41 IntoTheheart wrote: Christ. 1k a month with living expenses covered? I wish I could hit that much cash playing LoL... (no, just kidding). 300k a year is a lot more than 1k a month. | ||
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moopie
12605 Posts
He's talking about his allowance. | ||
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ffreakk
Singapore2155 Posts
On June 11 2011 19:47 aupstar wrote: W00t!! I think this may have been the one! :D Q: What’s your salary? -The income includes prize money from the leagues. On the low side, it’s about 250000000 won, and it can get up to 400000000 won on the high side. Last year I got about 300000000 won. Interview conducted on April 1st, 2010, Shindonga Magazine. Though this was before he went on his monster rampage..:D I would seriously not be surprised if it was much more now. Wasnt that before the Kespa-Blizz affair as well? I heard during that period that KT nearly doubled Flash's salary. Nothing concrete though, basing entirely off rumors and memories n such. Any confirmation? | ||
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Brad`
Canada548 Posts
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Megaliskuu
United States5123 Posts
On June 11 2011 20:09 Brad` wrote: Enough to be sure that he'll never have to work a day in his life after retiring. Thats quite a stretch lol | ||
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J1.au
Australia3596 Posts
On June 11 2011 20:09 Brad` wrote: Enough to be sure that he'll never have to work a day in his life after retiring. That's obviously not the case. If Flash wants to start a family he must work. | ||
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Pwnographics
New Zealand1097 Posts
On June 11 2011 20:17 J1.au wrote: That's obviously not the case. If Flash wants to start a family he must work. Iunno he's probably got a more than a million USD banked. | ||
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Brad`
Canada548 Posts
On June 11 2011 20:17 J1.au wrote: That's obviously not the case. If Flash wants to start a family he must work. What? Even an ultra conservative mutual fund would see him get returns in 6 figures lol. | ||
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J1.au
Australia3596 Posts
On June 11 2011 20:27 Pwnographics wrote: Iunno he's probably got a more than a million USD banked. That's really not a lot of money. | ||
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Misanthrope
United States924 Posts
On June 11 2011 19:39 moopie wrote: http://www.teamliquid.net/forum/viewmessage.php?topic_id=129095#1 AHEM LOL owned. Good job. That is a really intense and fascinating picture of his mental state. Thanks for posting it! | ||
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Telcontar
United Kingdom16710 Posts
On June 11 2011 20:27 Pwnographics wrote: Iunno he's probably got a more than a million USD banked. You have to have way more than that to live comfortably for the rest of your life especially if you start a family. I'm sure though that Flash's kids won't go starving | ||
Fionn
United States23455 Posts
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zYwi3c
Poland1811 Posts
On June 11 2011 20:42 Telcontar wrote: You have to have way more than that to live comfortably for the rest of your life especially if you start a family. I'm sure though that Flash's kids won't go starving Yea, 1 mio is for like 15-20 years or smth ;< | ||
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ShadeR
Australia7535 Posts
On June 11 2011 20:42 Telcontar wrote: You have to have way more than that to live comfortably for the rest of your life especially if you start a family. I'm sure though that Flash's kids won't go starving If he has a million banked living comfortably off pure interest and part time work is possible. Edit: nvm interest since Flash has given his money to his parent to manage he prolly already has a bunch of investment properties or something. | ||
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aupstar
Australia912 Posts
On June 11 2011 20:53 ShadeR wrote: If he has a million banked living comfortably off pure interest and part time work is possible. Edit: nvm interest since Flash has given his money to his parent to manage he prolly already has a bunch of investment properties or something. I heard that in Korea you don't pay rent, but have to deposit the the entire price of the apartment/house in a special account at the bank. The owner of the house/apartment then lives off the interest that they gain from the deposit. | ||
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Telcontar
United Kingdom16710 Posts
I guess it depends on his lifestyle. Rich people tend to have a higher expenditure rate than others so a mil bucks might not last very long. After he retires, who knows what expensive hobbies/interests he'll pick up (if any). I personally could live off 1 mil for the rest of my life but I'm a real miser when it comes to money. I'm sure he'll spend it wisely though since he has his parents looking after the funds. | ||
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MyLastSerenade
Germany710 Posts
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Demand2k
Norway875 Posts
On June 11 2011 20:09 Brad` wrote: Enough to be sure that he'll never have to work a day in his life after retiring. That's never the case with successful people. They are successful because they love dedicating themselves to mastery of their craft. | ||
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johanes
Czech Republic2227 Posts
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d_so
Korea (South)3262 Posts
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kidd
United States2848 Posts
On June 11 2011 21:48 d_so wrote: this thread would be 50x better if the 'p' in 'paid' was an 'L' instead. Seconded, but honestly if Flash's parents were smart about his money, he probably won't have to work after retiring, but still will. He's not the kind of person that can sit around and not be a great person. | ||
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lungo
Denmark276 Posts
On June 11 2011 21:46 johanes wrote: Flash himself stated several times he wants to become a teacher hell i go to korea when Flash become a teacher! | ||
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nayumi
Australia6499 Posts
+ Show Spoiler + flash lost to zero | ||
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Silentness
United States2821 Posts
On June 11 2011 21:04 aupstar wrote: I heard that in Korea you don't pay rent, but have to deposit the the entire price of the apartment/house in a special account at the bank. The owner of the house/apartment then lives off the interest that they gain from the deposit. Uhh you do pay rent in Korea. You pay a huge security deposit to the Apartment owner, and then you pay rent as well. How I know? I live in Korea and have seen this set up several times before. | ||
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dukethegold
Canada5645 Posts
On June 11 2011 21:48 d_so wrote: this thread would be 50x better if the 'p' in 'paid' was an 'L' instead. Speaking of which, there was a girl who sits with Flash's father and mother. Is she Flash's sister or cousin or girlfriend? To be honest, she looks pretty good and does not resemble Flash. Q: What’s your salary? -The income includes prize money from the leagues. On the low side, it’s about 250000000 won, and it can get up to 400000000 won on the high side. Last year I got about 300000000 won. Interview conducted on April 1st, 2010, Shindonga Magazine. Though this was before he went on his monster rampage..:D That's MAJOR cash. And that was before he went on the rampage? I remember reading the interview before, but couldn't recall the actual numbers. But prior to his rampage, Flash only scored one OSL, which was enough to boost his income to 300m-400m won? By now, he has earned FIVE additional titles, each worth 50m won. He also was the driving force that pushed KT to WL trophy and PL Grand Final trophy. Thus, KT will be sure to give Flash a very hefty raise to base salary in addition to insane bonuses. He must be hitting half a million U.S. per year by now. | ||
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Armathai
1023 Posts
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ibreakurface
United States664 Posts
On June 12 2011 00:20 Armathai wrote: I really wonder if he'll stay in the E-sports field after he retires as a player or if he'll go into a completely different direction. I mean it's obvious he could become a coach and be hired for the rest of his life, but who knows what he'll really want? He will probably do something esports related. Maybe he will switch to SC2 and play, that's like the retirement home for ex-BW players My honest guess though is probably coaching, considering his wrist. | ||
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Trajan98
Canada203 Posts
On June 11 2011 20:42 Telcontar wrote: You have to have way more than that to live comfortably for the rest of your life especially if you start a family. I'm sure though that Flash's kids won't go starving way more then a million to live comfortably?? I would like too see the kind of lifestyle you are used to sir. | ||
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Kanil
United States1713 Posts
On June 12 2011 04:58 Trajan98 wrote: way more then a million to live comfortably?? I would like too see the kind of lifestyle you are used to sir. Given that Flash isn't 20, you'd imagine he's got 50+ years ahead of him. A million/50 is only 20k a year. So yeah, you'd have to have more than a million to live comfortably for the rest of your life, when the rest of your life is a pretty long time. I'm pretty sure he has more than that though, and will certainly not be retiring for a while... | ||
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Telcontar
United Kingdom16710 Posts
On June 12 2011 04:58 Trajan98 wrote: way more then a million to live comfortably?? I would like too see the kind of lifestyle you are used to sir. Apparently you didn't read my other post. Fyi, I grew up in a poor household and I'm very very stingy when it comes to money. Of course I know how big of a sum $1mil is but those who are affluent have rich tastes. I'm not saying Flash will live an overly-extravagant lifestyle but these days, just a good house costs so much cash. Maybe I went too far when I said 'way more' but it is still my opinion that you need more than 1 mil if you want (and your family) to live comfortably for the rest of your life. | ||
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Romantic
United States1844 Posts
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AttackZerg
United States7454 Posts
On June 12 2011 05:15 Telcontar wrote: Apparently you didn't read my other post. Fyi, I grew up in a poor household and I'm very very stingy when it comes to money. Of course I know how big of a sum $1mil is but those who are affluent have rich tastes. I'm not saying Flash will live an overly-extravagant lifestyle but these days, just a good house costs so much cash. Maybe I went too far when I said 'way more' but it is still my opinion that you need more than 1 mil if you want (and your family) to live comfortably for the rest of your life. Without any interest or anything else, 1 million is enough to live an long life on at all. Unless, you live in a third world nation, or live like you live in a third world nation in a first world nation. | ||
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obesechicken13
United States10467 Posts
On June 12 2011 00:13 dukethegold wrote: Speaking of which, there was a girl who sits with Flash's father and mother. Is she Flash's sister or cousin or girlfriend? To be honest, she looks pretty good and does not resemble Flash. Flash doesn't have a girlfriend and he says he doesn't have the time for one. He does however have sisters. | ||
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Voltaire
United States1485 Posts
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buhhy
United States1113 Posts
On June 12 2011 04:58 Trajan98 wrote: way more then a million to live comfortably?? I would like too see the kind of lifestyle you are used to sir. Stocks, bonds, mutual funds, real estate, the money isn't just going to sit in the bank. Netting 8% a year off investments is going to be 80k a year without even drawing from the main capital. 1 million in cash is definitely enough to live comfortably for a long long time. | ||
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IamBach
United States1059 Posts
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RaLakedaimon
United States1564 Posts
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ZeroChrome
Canada1001 Posts
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Brad`
Canada548 Posts
On June 12 2011 05:15 Telcontar wrote: I'm sure though that Flash's kids won't go starving Ya, the 150k+ interest payouts every year will see that they dont. | ||
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aupstar
Australia912 Posts
With the exception of oov who is still coaching bw, the other players were paid heaps just to stay on the team. I'm not sure how much it was, but it was fairly significant (i.e., over 100k). If someone has more concrete info, it would be appreciated.. On Boxer's wiki page it says he had an annual salary of 390k during his BW days (http://en.wikipedia.org/wiki/Lim_Yo-Hwan) which is based on this article written about him in escapistmagazine on 6 April 2010 | ||
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Zaphid
Czech Republic1860 Posts
On June 12 2011 09:11 aupstar wrote: He could become like boxer/oov/nada/july. With the exception of oov who is still coaching bw, the other players were paid heaps just to stay on the team. I'm not sure how much it was, but it was fairly significant (i.e., over 100k). If someone has more concrete info, it would be appreciated.. On Boxer's wiki page it says he had an annual salary of 390k during his BW days (http://en.wikipedia.org/wiki/Lim_Yo-Hwan) which is based on this article written about him in escapistmagazine on 6 April 2010 And every single one of them except oov hated to be kept on a team yet prevented from actually competing. | ||
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aupstar
Australia912 Posts
On June 12 2011 09:22 Zaphid wrote: And every single one of them except oov hated to be kept on a team yet prevented from actually competing. They were not prevented from competing. They just didn't qualify for OSL/MSL and didn't play well enough in practice compared to the younger players. Even Boxer claimed in an interview that he couldn't even win 1 game out of 100 against Bisu. Still, getting paid so much without being competitive is a sweet life if you ask me. Though well deserved after putting in so much effort.. | ||
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Trang
Australia324 Posts
On June 12 2011 08:44 Brad` wrote: Ya, the 150k+ interest payouts every year will see that they dont. 15% interest which is stable, riskless and liquid? Get real. Also, 1 million is not that much. My parents have more than that, and they think it's barely enough to live comfortably for retirement at the age of 60+. In any event, it's a moot point since some people seem to indicate Flash has career plans after Starcraft anyway. | ||
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Brad`
Canada548 Posts
On June 12 2011 09:48 Trang wrote: 15% interest which is stable, riskless and liquid? Get real. Also, 1 million is not that much. My parents have more than that, and they think it's barely enough to live comfortably for retirement at the age of 60+. In any event, it's a moot point since some people seem to indicate Flash has career plans after Starcraft anyway. Ya because Flash is only going to make 1 million over the course of his career. Get real. | ||
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WaterTower
France138 Posts
I believe that Flash should be getting around 500K a year right now, probably a little north of that if anything while Bisu and Jaedong are not far behind. | ||
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GolemMadness
Canada11044 Posts
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Mephiztopheles1
1124 Posts
On June 12 2011 09:58 WaterTower wrote: Flash will likely make much more than $1m dollars by the time he retires. He said just recently that he expects to play another 5 years of SC and hasnt even played SC2. If he keeps doing well, it could well be 2-3 million dollars. If he slumps, he probably would get a million or more out of his career. And he is only 18! I believe that Flash should be getting around 500K a year right now, probably a little north of that if anything while Bisu and Jaedong are not far behind. That sounds good and all but not many people (KT team and a handful of doctors) know what the actual status of Flash's wrists are so it all depends on that for him to foresee how much he can make before he has to stop. | ||
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wishbones
Canada2600 Posts
On June 11 2011 19:38 aimaimaim wrote: OI OIE POTENTIAL MAJOR SPOILERS, OMG! hey your BOLDED stuff reads PMS nice job brosef :D no one, and i mean NO ONE likes a PMSer | ||
flamewheel
FREEAGLELAND26781 Posts
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Kibibit
United States1551 Posts
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epikAnglory
United States1120 Posts
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JMave
Singapore1803 Posts
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DyEnasTy
United States3714 Posts
On June 11 2011 20:52 Fionn wrote: He'll have a comfy life, but he'll have to work some sort of job in the future; but that won't really be a problem. He could do numerous things in 10+ years when he's done professionally gaming. He could become a coach, a caster, a manager, anything. this | ||
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Scarecrow
Korea (South)9172 Posts
On June 12 2011 09:48 Trang wrote: Also, 1 million is not that much. My parents have more than that, and they think it's barely enough to live comfortably for retirement at the age of 60+. You guys are doing it tough lol | ||
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L3gendary
Canada1470 Posts
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sCriv
United Kingdom90 Posts
So hes basically saying last year he earnt $276,000. His "pocket" money given to him by his parents each month of 1 million won equates to around £564 GBP, which is $922 USD. Basically its reasonable to assume hes a millionaire. | ||
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mdb
Bulgaria4059 Posts
On June 12 2011 09:48 Trang wrote: Also, 1 million is not that much. My parents have more than that, and they think it's barely enough to live comfortably for retirement at the age of 60+. sick brag | ||
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101toss
3232 Posts
On June 13 2011 11:12 JMave wrote: Regardless if 1 million isn't enough to live a good life, it is still a great head start. Probably something many of us wish we had before we went out working on our own. He's an 18 year old with a minimum 200k salary. 'nuff said. | ||
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vasculaR
Malaysia791 Posts
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primebeef
United States140 Posts
His salary can increase as he becomes more of a veteran in BW. He is 18 now making about 250k, in 1-2 years it could increase by a significant amount especially if he becomes a free agent and other teams fight over him. | ||
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andrewlt
United States7702 Posts
On June 12 2011 06:43 buhhy wrote: Stocks, bonds, mutual funds, real estate, the money isn't just going to sit in the bank. Netting 8% a year off investments is going to be 80k a year without even drawing from the main capital. 1 million in cash is definitely enough to live comfortably for a long long time. 8% is very optimistic. For example, 1900-2000 was a period of very high growth in the US and the stock market return was only around 5% per year after accounting for inflation. With safer investments like bonds, that return will likely even be lower. 2-3% inflation is what is economically healthy. Assuming 3%, $1M will only be worth $250K in today's dollars when Flash hits 65. | ||
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Grettin
42381 Posts
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bubblegumbo
Taiwan1296 Posts
Also in Asia the child tends to give a very, very significant amount of his earnings to his parents for them to invest or do whatever they think is right, I am talking about pretty much all of what he earns. Obviously this won't be the case once he gets married. That's usually the case for young money making prodigies in Asia. It's a cultural thing. In an interview he pretty confirmed this by saying that he does just that and his parents give him a large amount of pocket money of course, I don't blame him especially if they supported him from day 1 since he decided to become a progamer. Those kind of parents are rare in Asia. | ||
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Goldfish
2230 Posts
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JMave
Singapore1803 Posts
On June 14 2011 14:39 Goldfish wrote: What does Flash do in his free time (if he has any)? Play starcraft I guess. I remember reading one of his interviews and he said he doesn't have any other hobbies. | ||
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aupstar
Australia912 Posts
On June 14 2011 14:39 Goldfish wrote: What does Flash do in his free time (if he has any)? I heard he plays other races. His Protoss is really good. | ||
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Ryo
8787 Posts
On June 14 2011 14:39 Goldfish wrote: What does Flash do in his free time (if he has any)? Table-tennis. | ||
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Piste
6174 Posts
On June 14 2011 14:39 Goldfish wrote: What does Flash do in his free time (if he has any)? eat's meat also their team has physical excerices also. | ||
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ketomai
United States2789 Posts
6 titles of 40k ea with more coming in the future not including GOM/China up to 1k-7k for every additional league he qualified/qualifies for Zero living expenses (gas, food, housing, electricity, water, travel) This also snowballs because he can just put most of his money into investments He's only 18, so he can pay for school and get the job of his choice Or he can become a coach or win the GSL/TSL every once in awhile | ||
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jjhchsc2
Korea (South)2393 Posts
On June 19 2011 20:13 ketomai wrote: Yea, he's super rich/set for life. 6 titles of 40k ea with more coming in the future not including GOM/China up to 1k-7k for every additional league he qualified/qualifies for Zero living expenses (gas, food, housing, electricity, water, travel) This also snowballs because he can just put most of his money into investments He's only 18, so he can pay for school and get the job of his choice Or he can become a coach or win the GSL/TSL every once in awhile Plus a sponsor/team salary of like 250-350k pa | ||
Perseverance
Japan2800 Posts
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