I heard that Daigo won $20K, meaning they actually added(more than doubled the prize pool, probably from the excess money left over from the $50 reg fee). There were only 1700 or so entrants, meaning $17K prize pool and first place should get about 50% because top 8 pay so 8-9K is what I expected. I haven’t gotten confirmation for sure though, but when I heard this it put a smile on my face because the admins are clearly not profiting from this. They give back everything to the community even when people wouldn’t know any better. I don’t know why they didn’t make it public though.
If you don’t think Evo is running at a profit you’re mad. Whether this profit is kept by the owners of the brand or invested in making it bigger and better the next year (more likely) isn’t so obvious, but no way is this just breaking even each year.
Pretty sure they have said multiple times that the money is plowed back into the tournament to make it bigger and better in the next year. And if the tournament organizers are taking a little, which I doubt, they earn it for putting on such an enormous and sleepless event.
sure, daigo won ssf4, but dont forget the countless money matches he won during that weekend too, he took everybody’s fight money! … at 100$ minimum no doubt
Do the Evo owners / organizers have day jobs during the rest of the year? I presume yes.
They may be taking small salaries or even no salaries, but they aren’t stupid. They realize that they could potentially sell the Evo brand (the web site, tournaments, etc.) for a large sum to a corporation at some point in the future. That’s the potential exit strategy.
Could potentially be worth several million dollars.
Speaking from the perspective of someone with an MBA…
He really doesn’t need to…anyone with half a brain can see that what you said was absolutely retarded. He simply gave you the benefit of the doubt and hoped you were joking.
How bout you explain how you think EVO is worth millions? This was obviously the biggest EVO yet at over 2000 entrants or whatever and 30-50k stream viewers but I find it hard to believe the scene will continue to keep growing at the current rate. Even with sponsors I’m sure it is quite expensive to run the event and wouldn’t be surprised if they don’t take in much net profit.