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Valorant’s 2023 Champions Bundle shatters records, raises over $20 Million
Valorant
August 25, 2023
Jaishil Mistry
The Valorant’s Champions Bundle has outperformed all expectations, raising a staggering $20 million for participating teams. This amount is nearly tenfold the base prize pool of $2.25 million, making it the most lucrative Champions Bundle in Valorant history.
A Financial Windfall for Teams and Riot Games
Valorant Champions 2023 tournament resumes after a brief venue change, the financial implications of the Champions Bundle are becoming increasingly clear. Riot Games is laughing all the way to the bank. With teams receiving 50% of the bundle proceeds, Riot has raked in over $40 million in total from the 2023 bundle alone.
It’s a new benchmark, dwarfing the earnings from previous events. The first bundle for the 2021 edition raised just over $18 million in total, with $9 million being divided among the teams. Last year’s additional prize pool reached $16 million, ensuring each team earned a solid $1 million extra.
Win-Win for All
The beauty of the Champions Bundle is that it guarantees rewards for every team that qualifies for the event, irrespective of their tournament placement. However, there’s room for organizations to allocate the bundle proceeds differently between themselves and their players, unlike prize pools which are contractually bound to players.
Those who haven’t yet purchased the Champions Bundle, there’s still time. The event concludes on August 26, but the bundle will remain available until August 29, giving fans an extra week to contribute to the additional prize pool.
The bundle is priced at 6,167 VP, offering a 33% discount on the total value.
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