Esports sponsors are the entities that enable professional gaming in its current form.
Everywhere you turn, from major tournaments to streaming platforms, there is a corporate presence. It is waiting in the wings to present fans with commercials for products and services that they might like.
In this post, we list the biggest contributors in the esports sponsorship scene.
Igaming esports sponsors
Some of the gambling companies offering esports betting odds have been real pioneers in the esports sponsorship sector. Below are the most well-known sponsors from the world of gambling.
In 2016, if you had to guess who was going to jump into the esports sponsorship game, Anthony Werkman’s U.K.-based betting firm would have been a long shot. They were known more for darts and snooker than anything electronic. And yet Betway quickly became one of the most supportive sponsors of esports in Europe.
Not only did they form a comprehensive ESL partnership to help fund the major CS:GO tournaments, but they jumped on board with individual team sponsorships as well, picking up Ninjas in Pyjamas, MIBR, BIG, and BLAST Premier. Though the full price of all this hasn’t been disclosed, it is suspected that the total commitment is easily seven figures.
But their involvement in the esports ecosystem doesn’t stop there. Betway created a new brand, Betway esports, that features interviews and player profiles on its YouTube page. They also added an entire esport betting category to their main betting website. They haven’t just dipped their toes in the water. They jumped into the esports ocean with both feet, while sounding an enthusiastic howl.
Although they’re somewhat smaller than Betway, GG.Bet is another gambling company to make big waves in the esports ecosystem. They’ve been part of the sponsorship game for over a decade now, and though their teams and events may have shifted over the years, they’re still a big player.
Currently they sponsor the ESL, Starladder CS:GO, and DOTA 2 Maincast. More importantly (at least as far as their brand awareness is concerned), they’re the sponsors of HEROIC, the Dreamhack Open Fall 2020 Champions. As far as smaller teams, it is quite possible that they have ongoing minor deals that don’t make the mainstream news. They’ve done it before.
In mid 2020, GG.Bet was named the official global betting partner of ESL. And while that might seem like a ‘free’ title to throw around, remember they had to beat out Betway for the privilege. All combined, their annual sponsorship bill is easily in the millions or tens of millions. As far as sponsors for esports go, GG.Bet has to be considered a heavy hitter.
Crypto esports sponsors
The esports scene saw a rapid growth in partnerships with crypto exchanges during 2021. Everyone wanted their piece of the pro gamers. Yet, the crypto exchanges made the biggest waves.
Both industries have a lot in common when you think about it. The average esports player is around 18-34 years old. At the same time investing in cryptocurrencies has become especially popular among young adults.
Both industries have also seen a lot of resistance from conservatives. They are still new and growing at an exponential rate. For any doubters whether either industry is disruptive, we collected a few samples.
According to SportTechie, the Hong Kong exchange FTX partnered up with TSM for a whopping $210 million.
The deal is 10 years long and pays the esports team 21 million dollars annually. This exceeds FTX’s naming rights deal with the home arena of the NBA giant Miami Heat.
Stop trying to make it to NBA, look for esports jobs instead.
Another major deal from 2021 is between Crypto.com and the UK-based Fnatic. The esports veteran team gets paid $15 million over the course of five years. When considering Crypto.com’s previous spending habits, this deal is magnificent.
The exchange has planted sponsorship seeds with NHL, F1, UFC, and the French football giant, PSG. This gives a pretty solid idea of Crypto.com’s vision of the true value of a successful esports team, such as Fnatic.
The third attention-worthy deal is between the crypto exchange giant Coinbase and BIG.
This deal is local with Coinbase Germany and the Berlin-based BIG. Thus, no official value of the deal was ever published.
Regardless, it is a clear indicator of where the esports sponsorship game is heading to. Coinbase is listed in the New York Stock Exchange with almost 70 million verified users. In October 2021, Coinbase also partnered up with NBA.
The biggest players in crypto are already going hard at the esports industry. Hence, the next multi-million-dollar sponsorship is only a matter of time. The esports industry is expected to surpass 1 billion dollars in revenue for the first time ever in 2021. All at the same time while crypto-currencies are hitting all-time-highs. Coincidence? We certainly don’t think so.
Other esports sponsors
Other sponsors in esports are coming from the more traditional sectors, but they have joined as sponsors for several good reasons.
There’s probably no sponsor in esports who has been at it as long, and who has committed so many advertising dollars, like Intel. They started by providing free hardware for LAN tournaments at the turn of the century. They haven’t taken their foot off the gas since. The Intel Extreme Masters has been running since 2006.
Not once did the company express a shred of doubt in the future of the esports ecosystem. Intel was also one of the first to offer university students esports scholarships. This might have seemed like a small gesture but meant so much to thousands of young gamers over the years.
Since those early days, they’ve doubled down on their position. They provide major funding for ESL One, the ESL Intel Grand Slam, the ESL National Championships, and the Dreamhack Masters. Not to mention supporting countless touring leagues on an international level. How much do they spend? Well in 2018 they signed a three-year, $100 million agreement with the ESL.
They also agreed to provide upgraded computer and networking hardware to live stadium events in 2021.
It is safe to say that as far as sponsors for esports go, Intel is one of the biggest and most committed of the bunch. And the face of the esports ecosystem would be drastically different today were it not for their tireless support.
It would be a crime not to mention one of the biggest names in professional gaming at so many levels: Red Bull. They made the transition from Extreme sports to esports without breaking stride in the mid 2000s, and have never looked back.
They’re not only sponsors of the LoL European Championships, but they just signed a long-term, multi-year partnership with T1 Entertainment & Sports. They’re hitting the League market harder than ever before. But they work hard to avoid being pigeonholed as a sponsor for esports who only only focuses on the huge viewer counts… for example, their self branded Red Bull Gaming team is vastly made up of fighting game professionals! They’re also the official sponsors of Cloud9, the Vodafone Giants, and G2 Esports just to name a few.
Over the years, Red Bull has changed the esports ecosystem in a surprising, positive, and permanent way. And they’re constantly looking for the next big wave. In 2018, they sponsored the legendary streamer Tyler “Ninja” Blevins alongside a host of smaller online personalities.
Although some players have all of their expenses covered by their cut from the esports teams that they belong to, countless pro players wouldn’t be able to pay the bills from their tournament winnings alone.
Sponsors for esports can still have a hand in funding these players, through mediums such as Twitch or YouTube Gaming. Because as it turns out, streaming has been a good way for pros to make some extra cash, even as they’re getting in crucial hours behind the keyboard and mouse. Plenty of part-time or retired esports players have equaled or even exceeded their lifetime winnings with regular streaming income.
This is only possible because tens of millions of dollars are spent by sponsors on streamed commercials and bounties. They significantly supplement the subscription and donation dollars that an esports streamer collects. One short sponsored bounty made to a mid-sized audience can match an entire day’s donations, in some cases.
Crypto exchanges spend millions, but sponsorships contribute both ways towards awareness. Both industries have massive growth potential. There are many similarities between the crypto and esports industries. Such as target audience and undiscovered potential. Both industries are also simultaneously reaching all-time highs in terms of valuation.
Read more about streaming platforms in our blog post ‘Esports streaming platforms’