Esports is an international phenomenon. The League of Legends World Championship finals in South Korea attracted 100 million viewers online in November, roughly as many viewers as the Super Bowl. Brands like the Paris Saint-Germain Football Club, Mastercard, Nike and Miller Lite have their own branded esports team or have lent sponsorships to esports leagues and teams. But is it making any of them money?
“You can’t make money out of esports—there are only a few teams who make money out of esports,” Yassine Jaada, Paris Saint-Germain’s chief gaming officer, told ONE37pm.
Days before PSG’s team competed in the world championship tournament for futuristic car soccer game Rocket League at the Prudential Center in New Jersey, Jaada spoke with ONE37pm about what it takes to put an esports team together, what the financial burdens and how merchandising is the true future of esports.