Money

Valorant Champions Skin Bundle Generates $40M

Published by

James Fudge

9 months ago

Valorant Champions 2023 Skin Bundle Generates $40M

Riot Games announced Thursday that this year’s Valorant Champions skin bundle has managed to generate $40M USD since its launch on Aug. 4, with four more days left until it is no longer available to the public.

The in-game bundle is a way for Riot to give back to the 16 partnered organizations in the Valorant Champions Tour (VCT), with approximately 50%, or $20M, being split evenly amongst teams. That equates to roughly $1.25M in revenue (as of this writing) for each team, on top of any prize money being earned this week in Los Angeles during the Valorant Champions 2023 Finals.

The Valorant Champions 2023 began on Thursday (Aug. 24), with an in-person, Upper-Bracket Final & Lower-Bracket Semifinal (both best-of-three). On Friday (Aug. 25), a best-of-five (bo5) of the tournament in the Lower-Bracket Final will take place, followed by the Valorant Champions 2023 Grand Final on Saturday (Aug. 26).

Teams that have secured a spot at this year’s championship include T1, DRX, Fnatic, Evil Geniuses, NRG Esports, Team Liquid, Paper Rex, LOUD, FUT Esports, NAVI, EDward Gaming, FunPlus Phoenix, Giants Gaming, KRÜ Esports, and ZETA DIVISION.

James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.