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On July 29 2014 04:25 oo_Wonderful_oo wrote:Show nested quote +On July 29 2014 03:30 xes wrote:On July 29 2014 02:01 Gahlo wrote:On July 29 2014 01:45 xes wrote:On July 29 2014 01:27 Takkara wrote:On July 29 2014 01:07 Numy wrote:On July 29 2014 00:47 Fusilero wrote:
Snoopeh said he wanted to work on it and seeing as he's pretty much not playing for EG now he might be making progress. Or it was some meaningless ideals from snoopeh idk. I don't believe it's possible to form any kind of player union for League since Riot IS league of legends, a union has no real power when it's dealing with a single entity that doesn't even require the people you represent. A player union for esports in general would be really amazing though. The relationship between Riot and the players in LCS is not greatly different than that between pro sports players and their respective leagues. Each league (in America, at least) is a legally excepted monopoly. The difference is pro sports leagues make all their money effectively off of the players through various fees spawned by the willingness of spectators and fans to watch these players. Riot makes all their money selling skins and then hires dudes to play in their circus. You don't hold a circus unless you make money off it. The only part of esports that is profitable is the part where you can get more people into the part of the game that actually makes money Korea and China laugh at you.
Korea should come here and teach NASL, NACL, ESGN, IPL, etc how to operate then
But even in Korea, I doubt eSports is profitable in the strict sense. But for the large companies that back OGN with sponsorship, the costs are relatively small with the potential for wild success enough to justify it as an investment (and maybe it barely breaks even as a form of advertising).
In NA, eSports is very much like buying into super out of the money call options. You can set aside some fixed amount to risk and gamble on the tail events that might explode. That is not the same thing as profitability. Moreover, for the same reasons why huge amounts of money can bankroll these Hail Marys, small organizations can easily get in over their heads with costs spiraling out of control and no payoff in sight (NASL, ESGN, IPL, getting margin called).
Riot is not making money off of running the LCS. You can say that they're gaining value from investing in future growth (or whatever garbage growth-hacker term you pick), but they aren't writing it into their investor earnings reports as profit.
To give another example, the company I work for just threw a massive company carnival picnic on our campus with steak & lobster meals for everyone, inflatable playpens, zip lines, human hamster balls, etc. Even the lowest of estimates would put the cost of running something like that into the half-millions. Why did they throw it? Maybe to increase employee morale, maybe to attract future employees, maybe because they have shittons of money. It might be worth it, but it certainly isn't profitable.
To draw this back to the original discussion on player unions and the NFL: the NFL doesn't operate at a loss hoping that maybe one day the NFL will make money. The LCS is broadcast for free; LCS studio tickets are dirt cheap; and even though Riot pays teams, the merchandising money teams make from branded clothing doesn't flow back to Riot.
The point of this being, that the following is an absolutely absurd statement:
On July 29 2014 01:27 Takkara wrote:Show nested quote +On July 29 2014 01:07 Numy wrote:On July 29 2014 00:47 Fusilero wrote:
Snoopeh said he wanted to work on it and seeing as he's pretty much not playing for EG now he might be making progress. Or it was some meaningless ideals from snoopeh idk. I don't believe it's possible to form any kind of player union for League since Riot IS league of legends, a union has no real power when it's dealing with a single entity that doesn't even require the people you represent. A player union for esports in general would be really amazing though. The relationship between Riot and the players in LCS is not greatly different than that between pro sports players and their respective leagues. Each league (in America, at least) is a legally excepted monopoly.
That both systems are monopolies is a false analogy for an argument about player relationships to the league. It would be like arguing Lucian should be the President of Demacia because in China they call him Obama.
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On July 29 2014 05:17 xes wrote:
To draw this back to the original discussion on player unions and the NFL: the NFL doesn't operate at a loss hoping that maybe one day the NFL will make money. The LCS is broadcast for free; LCS studio tickets are dirt cheap; and even though Riot pays teams, the merchandising money teams make from branded clothing doesn't flow back to Riot.
Come on now, Riot are actively trying to make this work. You don't get Coke and American Express to sponsor your league and run Game of Thrones and Pacific Rim commercials on your broadcast just for the heck of it. Calling it "a hope" doesn't really cut it, being where they are two years in with LCS looks quite promising. Who knows how far they will go, but it's just more than how you describe it.
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United Kingdom50293 Posts
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I read it. Laughed at the "men in black suits" part. W/e, gonna let Riot sort this one out.
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Rofled so hard reading that. Some next level movie mafia shit actually happened in LoL, LOL
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wtf is this LMQ drama? I honestly have no clue who to believe. This is some kind of Richie Incognito shit right here
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I'm leaning towards Sharon, because the "men in black suits" story is so outlandish. Either way, Riot will put an end to it.
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All jokes aside, they should have no trouble finding an investor
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On July 29 2014 20:14 Gahlo wrote:
I'm leaning towards Sharon, because the "men in black suits" story is so outlandish. Either way, Riot will put an end to it.
It's actually hilarious if you put her statement :"thankfully the chinese LA community was so helpful." in context with Alex' story haha.
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Can someone give the link to Sharon's statement ?
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There is so much not being told in stories like this that I doubt we will ever find the truth. Hopefully Riot can have some more success (or well their legal department) and this can get resolved.
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Here's a deleted tweet from xwx on it ![[image loading]](http://i.imgur.com/Da1E1Bb.png)
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Wow this is fucking huge, Sharon and A&K are pretty much done with LMQ at this point.
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On July 29 2014 20:45 Numy wrote:Here's a deleted tweet from xwx on it
There's whispers about the tweet also potentially being falsified as XWX was in-game and streaming at the time of the tweet AKA did not have the time to make a tweet like that. It's all one giant mess.
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I guess we just didn't have enough drama yet. Sigh should I take down the screenshot then?
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On July 29 2014 21:32 Numy wrote:
I guess we just didn't have enough drama yet. Sigh should I take down the screenshot then?
Don't think so, there's no proof that this tweet isn't legit.
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10 years down the line somebody's going to make a film about this.
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The land of freedom23126 Posts
H2K forfeited against G2 btw, so if SKP win against NiP, then G2 and SKP will play tiebreaker for 3rd seed in Promotion tournament.
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On July 30 2014 01:34 oo_Wonderful_oo wrote:
H2K forfeited against G2 btw, so if SKP win against NiP, then G2 and SKP will play tiebreaker for 3rd seed in Promotion tournament.
Why ? It makes G2 3rd and NiP/SKP will battle for 1st and 2nd place, no need for tiebreaker
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EPT
