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Esports, or electronic sports, is a rapidly growing industry that has been gaining popularity in recent years. With the rise of online gaming and the increasing accessibility of high-speed internet, esports has become a multi-billion dollar industry that is expected to continue to grow in the coming years.

So, how much does esports make? According to a report by Newzoo, a leading provider of market intelligence for the gaming industry, the global esports market is expected to generate $1.08 billion in revenue in 2021, a 14.5% increase from 2020. This revenue is generated through a variety of sources, including sponsorships, advertising, media rights, merchandise sales, and ticket sales.

One of the biggest sources of revenue for esports is sponsorships. Companies are increasingly recognizing the value of esports as a marketing platform, and are investing heavily in sponsoring teams, events, and individual players. In fact, according to the Newzoo report, sponsorships are expected to generate $641 million in revenue in 2021, making it the largest source of revenue for the esports industry.

Another important source of revenue for esports is advertising. As esports events become more popular and attract larger audiences, advertisers are eager to reach this demographic. In 2021, advertising is expected to generate $189 million in revenue for the esports industry.

Media rights are also becoming an increasingly important source of revenue for esports. As more and more people tune in to watch esports events online, media companies are willing to pay for the rights to broadcast these events. In 2021, media rights are expected to generate $111 million in revenue for the esports industry.

Merchandise sales and ticket sales are also important sources of revenue for esports. Fans are eager to show their support for their favorite teams and players, and are willing to buy merchandise such as jerseys, hats, and other branded items. In addition, as esports events become more popular, ticket sales are becoming an increasingly important source of revenue for organizers.

Overall, the esports industry is a rapidly growing and lucrative industry that is expected to continue to grow in the coming years. With a variety of revenue streams, including sponsorships, advertising, media rights, merchandise sales, and ticket sales, the industry is poised for continued success. As more and more people become interested in esports, it is likely that we will see even more growth and innovation in this exciting industry.

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