Riot Games’ official esports partner has failed to pay prizes and the pros are not happy
If they hold more tournaments, everything is fine, right?
Prior to transitioning to a franchise format, Riot Games’ Tier 2 esports competitions were almost entirely handled by third-party organization Nerd Street Gaming. Dozens of tournaments the company has hosted since 2020 have awarded tens of thousands of dollars in prize money to winning teams; except that the company hasn’t paid and professional Valorant players have had enough.
Nerd Street is notorious for delaying payments to players who have played in these tournaments. M80’s Marc-Andre “NiSMO” Tayar called both Nerd Street and Riot Games today to seek immediate resolution as his team still owes “20 or 25k” in prize money.
NiSMO’s tweet is just one of many calling out Nerd Street, as many players who have competed in previous events such as Game Changers, Challengers, and smaller tournaments have not received any payments for months after the alleged arrival. Many of the promoter’s broadcasting talents have also filed similar complaints, with Nerd Street reportedly owing thousands of dollars in late payments.
The CEO of Nerd Street has moved on record Mentioning that the company is in the process of paying the players and talent, but it seems that statement is still a work in progress months later. It’s an unfortunate part of the esports scene, but one that shouldn’t be acceptable.
Riot Games just wrapped up their latest eSports tournament, LOCK//IN, which was won by Fnatic. The EMEA team earned $100,000 of the $500,000 prize pool. The tournament became the second highest-grossing Valorant eSports event of all time, breaking the 1 million concurrent viewers mark.
https://twinfinite.net/2023/03/riot-games-official-esports-partner-has-failed-to-pay-prizes-pros-arent-happy/ Riot Games’ official esports partner has failed to pay prizes and the pros are not happy