• Riot Games To Offer Valorant Partner Teams $1.5m Annual Stipends!

    Riot Games To Offer Valorant Partner Teams $1.5m Annual Stipends!

    Author

    Sreyasha

    Date

    Aug, 12.2022

    A lot of information is gradually being revealed as Valorant partnership program interview phase is
    about to end. The information includes amount of money that will be received annually from Riot
    Games if they are allowed to get into the program.

    As per sources, the approximate stipend amount will vary but will be somewhat around $1 million
    mark.

    Organizations that will be able to make it to Riot Games' EMEA partnered league will be rewarded
    from $1 million to $1.5 million of stipend. Even the American partners will receive the same amount.
    But the Asian partners will receive a little less due to the lower operational cost at these regions
    compared to Europe and America.

    Riot Games declared on April 28 that it was bringing a partnership program to Valorant at the
    beginning of 2023 while replacing the open circuit that existed since the game's launch.
    The new system observes the teams chosen by Riot to receive annual stipend. It is more like a
    departure from traditional franchise model as in Overwatch League, CoD League or Riot's LCS and
    LEC.

    Recently, organizations like Luminosity, Complexity and New York Fury have either left Valorant
    Esports or stepped back after being turned down by Riot Games.

    The interview process is still underway in the three regions and Riot Games is to make a decision
    about the teams that are going to compete in 2023 circuit, ahead of Valorant Champions, the year-
    end event in Istanbul as per July 20 report from Dot Esports.