Mark Cuban Thinks Owning an Esports Team in the U.S. is an "Awful Business" | FAIR GAME
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- เผยแพร่เมื่อ 18 ต.ค. 2024
- Shark Tank investor and Dallas Mavericks owner Mark Cuban explains to Kristine Leahy why he believes owning an esports team in the United States is an "awful business."
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Mark Cuban Thinks Owning an Esports Team in the U.S. is an "Awful Business" | FAIR GAME
• Mark Cuban Thinks Owni...
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Do you agree with Mark Cuban?
Partially yes, and no.
Yes
speaking the truth.
Yes
I'm going to agree with this.
The knowledge Mark has about esports is quite impressive, not a shock why he is a so successful.
XxJCxX20 Never Invest In A Business You Can’t Understand-Warren Buffett
@@12flyboy the fact he said fortnite is not a esport hurt a little the world cup was huge
@@FirstCllass ummm not in the competitive aspect .....they had the biggest prize pool of 30 million and placed second in viewing after league of legends.
@@FirstCllass does not matter !! money matters and they are making the most!!! and giving out the most this a mark cuban video dumb fuck my point was that he thought it wasn't profitable... when it is the most profitable... esports or not... fortnite will be here for the next 3,6 years we gave call of duty 15 games.... with 12 years of true media polarization.... the new one is shit but still sold well and people are dumb ... this is just the beginning
@@nolaguy3833 no matter how much money Fortnite generates. It's design as an esport for now is pretty bad.
As a game I could see it last for a very long time.
As an eSport its even below OW and despite its 30m prize pool it's not comparable to the likes of Dota2, League and CS.GO.
Ok boo-
Wait, he's actually right on literally everything.
E he the same gen u are
heeeeeeeeey franklin
Doesn't matter, the point of the "ok boomer" response is that they're not listening to us and just dismiss us, no matter if we're right. So we just dismiss them in return.
quineloe i dont blame em tho
quineloe no, it’s a way to run away from actual facts and discourse
"they have to stream 10 hours a day and have no life"
Buddy, I already do that for free.
I would way rather do that than work 8-12 hours a day working Construction (not including commuting)
BossWafflez hard work but fk it
Jeff MacInnis 2 hours on the road 10 long hours roofing I feel it brother keep on keepin on
@BossWafflez they dont have more freedom. They hardly have any down time and have to play 24/7. Do some research.
@BossWafflez They have to work 50+ hours a week, even more for bigger teams. They also have a lot of pressure because if they under perform they will lose the job. Tons of esports players bite the dust because its way too competitive. And I dont know what u mean by 'offending soyboys', say something coherent next time.
He’s saying it’s a bad to invest.. but he’s not talking down in the slightest
He said it was a bad business
Crypse ehm yea? That’s exactly what this guy said lmao
@@geneticexclusivity bad invest=bad business. Woah, who could have guessed? Thanks genius.
Nam Hoang he’s saying this because there’s a lot of idiots in the comments who think that he is trying to talk smack about gamers
@@geneticexclusivity its actually a bad business in the US.. economics, and viewership.. owning a esports team is equivalent to owning a NBA team.. hes trying to put a product on the market people are willing to come see... theres just not that much if an attraction in. NA..
He's spot on in everything. Many years in the business, he has too much experience... Just because a lot of you guys follow esports a lot, doesn't mean you know how it works in terms of business and how to be smart investing in it.
that’s true. we’re talking about Mark freaking Cuban here. A genius business man
I actually agree with him and I'm an avid fan of esports (dota2) unless you're a player in a player owned org/team it would not be a good investment.
There’s also a difference between owning the team and being a player, which is what they talk about. Players/streamers still make good money like he said but when it comes to owning a team the constant contract swaps and player pick ups make an ROI way too difficult to predict which is bad news bears for investors
I think you make good money if you are the winning team for example TL in LCS
Know 1 he’s talking in terms of business dumb ass. Not body and food, why do people like you have to always bring something irrelevant to defend your stupid ass statement.
This dude isn’t rich by accident and you can tell.
Tech is his thing too.
@@turdferguson2961 That's how he got rich.
Toribio Romo has
Very few non-inherited millionaires and billionaires are "there by accident". You know how it goes, guy wins lottery, guy has poor person mindset, guy winds up broke and/or homeless in a year, despite having been worth millions before.
Imagine socialism stripping him of hundreds of millions of dollars of his money and distributing it to lazy fucks who don’t work at all.
As an avid gamer, following the scene in a lot of different games, it's nice to see someone of Mark's stature actually educated on what he's talking about, while talking about it on such a large scale. He's right in almost everything he's said about esports teams.
blip blip tooriyah
@@algar6616 melee's sick
Whats he wrong about?
*Everything
As someone who actually plays and watches League of Legends esports and general sports ( soccer and ufc), you can tell his actually done his research into the possibility of owning a team. And he is right, LoL is too volatile of a game to purchase a team, with patches every 2 weeks to the game which change how the game should be played.
There is not a lot of money in the west....
e.g. tv revenue, merchandise
Exactly. Whenever something changes in the game, the players who used to be the best may not be the best anymore
ofc he did this man likes money lol
Yeah and the cost for buying into the franchised leagues for overwatch lol cod can be over 20 million.
UFC sounds like an interesting sport, how do you play that?
And for that reason, I'm out.
Holy cow, Mark did his homework here.
He's been involved in e-sports for quite some time. Part ownership of a team.
He always does
I mean he’s a billionaire investor, he does his research in every business he owns lol. He’s a billionaire for a reason
“You gotta stream 10 hours a day and not have al life.”
Me looking at my 10 hours work shifts
Talking about gaming, not physical work
@@hauntedpredator sitting in an office for 10 hours is physical work?
@@potatopatato1565 u dont know what he works as
@@pizzayummy3668 so does the comment above me
Stop being dumbass when you dont know shit
Eh imagine faking a personality for 10 hours everyday pretending to be hyped and happy no thanks. And the amount of talking.
Just because money is being made does not automatically make it a good investment
as he said in the video
are you stupid or something
BronxKing what the fuck
@@cliffordbarry6943 huh
BronxKing wtf you smoking
I’m surprised at how much he knows about esports and gaming. Respect
Well considering he's a challenger irl it makes sense.
Know 1 He’s probably talking about it in the sense of having an actual league with teams like overwatch
Know 1 context
@Know 1 cause it's not
Know 1 it’s a random based game if I spawn next to someone and I get the shotgun and he just has nothing how’s that competitive and fair?
This boomer knows his stuff 😳
He isn't
He’s not a boomer
He's Gen X
Anpyh He was literally born in the time frame to be considered a “boomer”
He's not a boomer. Sure he has money and privilege, but he also makes sure none of the employees in any business he owns have to be on public assistance of any kind due to low pay. "Boomer" is a mindset, not a birth time
"Then where is the money?" Lahey asked the golden question. As a Chiense American working in Asia the past ten years, it is all about scale. China has 1.4 billion people and many teenagers are gamers. The power niches in USA that sit at the throne are still MLB, NBA, and NFL. 🏆At the very end, personal branding KINGS make the most money like Ninja. Teams and tournaments are just platforms. Media coverage also plays a major role. King James for example crosses over to food, fashion, and media and this gives them more media opportunities. At the very end, we live in the ATTENTION economy. Those who can get our attention wins.
Yep. People who are social makes the most money and have higher positions at the organization they work for.
Boi he’s talking about bad investment buddy he saying that it’s not investing into a player but a team and if I got screw loose the entire team fall apart
Mark did his research. And this is why he's super successful.
@ Nope
@ It doesn't really matter, whichever way he still gets informed, which is the point here.
@ Yeah, and saying "Mark did his research" doesn't mean literally Mark going on Google and searching for information, if another person did it for him is implicit, because it's not necessarily literal.
"Fortnite is not a real esport, its Melee or nothing" -Mark Cuban
dude its true do you know how many times Epic has fucked up? and plus it's too much RNG in the game also I could be ignorantly typing but who knows
@@PulseAlwaysEdits rng mean
john superhist random number generator meaning like the weapon/heal spawns pretty much everything are at random
smash bros. melee for the nintendo gamecube
Fortnite is a great casual game with friends but a horrible esport
I honestly thank him for this interview. Talking about the real life business and the physical and mental strain that games put on people. It is definitely a real sport and a busines.
Wow he actually knows a lot about esports and even the ingame league meta, I'm so surprised 🤣
He played a game in a lol event before
dandagod official what?
If young metro dont trust u im gunna shoot u
@@BrandonHernandez-yx2wy how is metro's tag relevant here lol?
Ok boome-
Wait, he isn’t just shitting on esports.
Ok, this is epic
He has a point. Basketball never changes and NBA rules barely change. A game made with competitive esports should follow what works and stop changing so often or releasing a brand new game every yr. Increases player burnout and its already hard enough on the body to not be active.
Gaming industry needs to get the memo if they want to capitalize. Keep casual games that can change often separate from competitive esports games.
The AAA gaming publishers don't give two shits on how good the product actually is. As long as people throw money their way and the shareholders are pleased, then they believe the game was a massive success regardless if said game gets shat on by reviewers and the community complaining about it.
thats why CSGO is a perfect esports
@@schigeraXD riot is a privately owned company
@@arugula517 thats not entirely true. Riot is owned by tencent which is a publicly traded company.
@@schigeraXD true but they aren’t influenced nearly as much by shareholders as something like blizzard which is the point i was tryna make
I follow few tournaments and esports and what he's saying is 100% correct there's so much bubble in the market
Mark Cuban knows that the dominant teams are usually from Asia and it makes no sense to import a player because you are just increasing your expenses.
There are plenty of dominant teams that have came from the U.S. so it’s not really an excuse whatsoever
Nemesis T-Type Like he said, the game is very dynamic. Amazing teams could pop up from everywhere and the meta changes all the time. That's why it's bad investment. I mean just look at LoL World's rn.
Depends on which game though yeah NA are midtier certain EU teams are matching Asian teams.
They're not really dominant but also keep in mind that Asians play religiously with absolutely no life. I even heard once an asian man died from playing a new game three days consecutively without sleeping.
Paint me impressed he's this knowledgeable about esports.
And now a bunch of big esports teams are going bankrupt 😮 he was right
He actually makes a really good point here that I never really thought about, devs constantly change games with updates
thats a really interesting take, I never thought of that huge difference between physical sports and esports about how the best player in an esport can be worthless in a matter of months if the meta shifts in the wrong way, whereas in sports the same skill is always valued. It's unheard of for a sport to have an update or a change to how the game is played so its more reliable like that, very interesting.
wow mark actually seems a little bit knowledgeable about the e-sports world unlike most mainstream media, I don't think he right about everything here but at least he shows he has done is homework on it. Owning a bad e-sports team is terrible business, but owning a good one is great business. In DotA there are at least 5-6 very profitable organiztions, with the executives/managers/coaches/other people in the organization also making some money, not just the playes.
Nah from the business perspective, owning a e sport team aint that great. Tournament earning is the major income and most of it goes to the player. Sponsorship isnt that great either because not a lot of big company wants to invest in e sport yet.
@ZackM why couldn't an organization succeed in america? probably more options in terms of sponsers, as long as the talent is their. and im only talking about dota, plenty of other games people makeing money in.
Her chair looks nice...Mark looks like he’s sitting on a muppets chair.
Already spent all their budget for that woman's chair
Golf Pro lol that’s the guest chair
LMAOO this is the most random comment I’ve seen
Get Bill Burr in there, he loves criticising chairs :D
I prefer dota 2 and for that reason I’m out
😂 Best comment 👍
Dota 2 is dogshit btw.
@@Brandon-yd3rk I'm sure your dogshit at it since it actually requires skill. Lots of games for noobs like out there so no worries.
@@razzendahcuben lmao yeah 4 spells requires skill... I play many games that require alot more skill then a fucking moba mate lol
Streamers need to make their schedule like a normal 8-5 job. Those that 24 hours weekly, are gonna hit a brick wall of depression. 8 hours streams are more than reasonable, you’ll still have a life, if you want to work weekends, you can.
The other thing about being a streamer, is that you have to watch what you say at all times, because cancel culture is a real thing, especially with being a streamer. One minute you could be getting 14k viewers, and all of sudden you’re down to 1k. Sure that’s a lot, but financially and mentally that’s a disaster.
That's all entertainers tho, and not all streamers have to keep it PG rated
But that’s no different than a daily vlogger or an instagram account. Maintaining engagement while preventing a burnout happens a lot in the entertainment/social media industry. Even a big actor has to weigh the pros and cons of being too accessible to the people for their own mental well-being. 8 hours streaming can still be more than exhausting if the only thing the chat is interested in is your personal life off stream. There’s no perfect formula that will work for every Internet personality.
You're literally a nobody and this makes no sense. Streamers make money from brand deals an sponsor ships. They can't make their own schedule because they are on the schedule of whoever is sponsoring them after the stream, such as meetings appearances interviews etc. All those small streamers you watch have bullshit jobs and stream after.
Honestly they money comes from sponsorship and affiliate sales. For both twitch and TH-cam. Trust me.
He’s very right. Faze is one of the few esports teams that are profitable and it’s because they’re stacked with influencers that help merch sales
Brother how times have changed
He's right, that corner of the industry is a grind and not nearly as good ROI for external investors as it is for top level athletes and content creators. Look into putting your money into nascent game & app developers, & gaming peripherals & services!
I don’t really like Mark Cuban but he actually knows what he’s talking about (for his age) knowing about meta and all these games
i like how he can realize that the number of meta shifts and the amount of RNG keep fortnite from being considered an actual e-sport. ( i do love fortnite, its just not an e sport)
I don't agree with the meta part though. The good players are still good when meta changes they just readjust. Everything else is spot on
I was expecting an “ok boomer” moment but this is actually an impressive display of knowledge
Actually surprised at how knowledgeable Mark Cuban is. Holy shit, i was coming to this video looking forward to roasting him in the comment section, but uhhh, yeah.. Not gonna happen this time.
He'd be a good guest on Rogan
Amazing how he did his homework and absolutely knows INs and OUTs of something he thinks is "awful business" and doesn't plan to invest in it.
Pay attention - there's a good reason he's a billionaire.
1:55 trust me, we know 😂😂😂
where can I watch the full interview?
Dude he looks like in his mid 40s but he's 61
Lojtar every billionaire is like this. Money buys youth. For example Putin has very nice skin. That’s because he had a face lift.
@@32gigs96 or he's just healthy
Lojtar it’s nothing against him its just that he did have one. He is 67 years old. Literally impossible to have skin like that at that age
@@32gigs96 he's 61 but I see your point. But I have seen some people who look better at 60 without using anything. Some people's genes just bless them.
@@32gigs96 have u seen bill gates?
I wish you an awesome year with great luck & amazing opportunities 🙏
He’s the billionaire here. He knows what’s up.
He’s 100% correct. That’s why all large scale esports organizations sign content creators aswell, as that can be a steady reliable source.
It terms of business it’s a gigantic gamble even if your team happens to be good now
Like faze
john superhist the thing faze has going for them is that faze operates in more of the entertainment industry than a regular e-sport org. At the end of the day they do focus heavily on content and merch which only empowers the brand. There’s plenty of e-sport orgs that haven’t been able to create an almost household name brand outside of the gaming community.
It’s a gamble plus you have millions of dollars being put into a teams that might not even win a 1m prize pool.
kosher they are the first profitable esports organization because they focused on content
Divine Church exactly there’s plenty of esport orgs that have come and gone mainly Bc nobody outside the gaming community knew them. It’s tough to market yourself to sponsors if nobody knows who you are.
You would expect going into a video like this that he would have no knowledge on something like this, but he probably knows more than most of us about esports at this point.
Hes finally starting to look like hes aging. NOW hes actually a rich old right man
still looks 15 years younger than he is.
I was sceptic of this video, but this guy ain't a boomer and did his share of research and I respect his views on the topic
Wish he had some knowledge on why Rick Carlisle is still the coach of the Dallas Mavericks
Jonathan Arias he’s doing a fine job. Relax. Rick will figure out the rotations
Mark was right once again.
LUKAAAAA
Mark is right about constant meta shifts being too volatile for investment. Yet at the same time, a stale meta that never changes can also be a turn off for viewership. I wonder if Mark would prefer game rebalancing once a year (since he's already suggested once every 4 months is too fast) or if like other sports there *isn't* any changes...
This mavericks fanguy has some real understanding about e-sports btw
He the owner of the mavericks
@@nathandaguerre4368 whoosh
I think that was the joke lol
I came here thinking a great, successful business man would just be shiting on gaming and streamers but he is actually completely correct and respectful of their work, super cool!
im honestly glad that a man of this age recognizes esports as a real thing, too much bullshit towards esports these days no matter what game
I love how he is so educating when many people in his age group put down esports as just games, one though, overwatch grand finals had around 1.2 average viewers not 300,000
this guy legits says what i think... Damn even on his show when i watch it he is saying what i'm thinking at that time. The only dif is that he is a billionaire and i'm not xd
Maybe you will be rich someday ,who knows
@@bigfloppa874 thanks even though it would be harder since I live in a trash country with 0 opportunities and poor background
@@SkillsofAesthetics I don't think Cuban would have a problem if he was in your shoes, sounds like there IS another difference besides being a billionaire, he has a better winners mindset. You've already accepted and embraced defeat before you've begun. Depressing.
@@stillnotchill2560 not really i still try to do my thing. I just tell you realistic facts that provilidge kids may never understand ,and don't expect you to do also tbh since you have certain things given in your life. Learn to seperate winners mentality and adressing crystal clear facts. What i find depressing is online kids calling others depressed without knowing a single thing about them, that's sad and desperate buddy. Now go back to your bar while your mommy and daddy pay off your uni life in a developed full of oportunities country.
Thats because actions speak louder than words, anyone can think alike.
I never thought I would hear Mark Cuban y’all about video game metas
Hes done his research and isnt just a boomer, fair play
I agree with him, until the viewership increases and either meta or player skills stabilize to the point that patch changes make or break a team, then it would be a bad investment.
He forgot to mention. NA sucks in all kinds of esports.
Watchu mean. No one can best us in madden
@@JerryDaBes yeh. because only americans play this gane
USA kinda slapped South Korea and China in OWWC tho
Astralis dominated CSGO
OG breaks everyone in DOTA
SKT the greatest team in LOL
The big 3 of Esports. Liquid roster in dota before are not even fron america.
It’s impressive how knowledgeable he is
CS:GO is probably the only game in esports where the meta stays the same.
Grant introducing pocket awp
Rocket League?
Nope not really damages of guns can affect everything
Not stay the same but I agree that it's pretty consistent.
The meta shifted to the SG and AUG a few months ago, they then nerfed the Aug and just today pushed out an update which elevates the price of the SG to 3000. They also made the galil and famas better. And don't get me started on new maps. Vertigo was and still is, a mess for competitive play because how frequently they made changes to it.
pretty sure that isnt true. Spacewars had the most stable meta. It has never changed.
Very commendable that he does his homework and doesn't just bitch about something for the sake of opposing it. An impressive man.
Cuban is smart AF
I was about to get mad but he really understands this topic
Rick Fox dodged a bullet getting fired
i clicked the title planning to flame on Mark but damn he knows his shit! respect
Mark Cuban is not for owning an Esports Team and for that reason I'm out.
Wow Cuban clearly does his homework (as if it wasn’t already evident from his success)
"To make a lot of money you have to devote 10 hours a day to it"
That's only a couple hours more than the average workday lol.
Exactly
@TheGonzo I know how to do basic multiplication. An extra 500 hours a year isn't much
mpforeverunlimited he said “not have a life” so he’s talking more about the social aspect of it. at least at work you still have a social life
Props for doing his research! Not many people do.
He looks tired lol
Of course, he works hard and is under constant stress on maintaining his success. I'd be tired and stressed like that too.
Many people in the world look tired all time. Not everyone is a billionaire.
@Michael Barrutia It's sad, time flies.. I thought he was in his early 50s but he's 61..
stockholm publishings damn crazy he getting old
@Vanda Dy Thanks to denial, I'm immortal :D
He understands the cycle of gaming. He isn't talking out his ass, he understands the importance of a stable financial business model that doesn't risk expiration in 1 or 2 years
I mean there's another good reason on why its great that he didn't buy a LoL team in the US. Its cause they suck ass compared to the rest of the world. Not much can be done when the best team US can't even get out in groups, maybe not owning a team is a good idea.
it will be huge in the future. never forget that conventional sports took literally centuries to become what it is today.
I dont know so imma take his word for it
He's saying if you own a esports team it has to be based in asia and not the US. The US is like 30 years away from what its like in Asia. I remember seeing Starcraft games in the late 90s early 2000s and the CS competitions back in the early 2000s.
My man looking for billions especially if he’s putting in millions
Marketing is key i believe so it’s hard to compete to get your name out there
Why does it look like he has the grandpa filter on?
Great take.
mans a shark for a reason..always chooses his kill wisely
Ironic you comment that considering he was the person who threatened to leave Shark Tank due to the "deals being too sharkish".
Where is the full interview with Mark Cuban?? These 3 minutes vids are killing me.
Watch the show during it's time slot. Then you'll get the full interview.
These shark tank dudes didn’t get rich by coincidence, y’all need to stay woke
1:04 , he is right, OPTIC GAMING WAS bought and the start consolidating within weeks. They dismantled the GEARS TEAM. AND THEY were basically unbeaten ( almost) but they were beyond dominant.
Someone show Nadeshot this video. Let's see his reaction
big respect to mark, he nailed it
“No wonder the guy is so successful!”
- Someone who is not succesdul
MGU Ok?
StockholmMetanoia Q Ok?
@@mgu3241 Why does that matter, and how do you know? It's clearly a compliment
Nice upload buddy 🙌
By the heavens is she a greek godess her beauty is something else
God damn, this dude knows all these teams, games, streaming services, like damn.
This dude does his research
U.S. doesn't dominate much of Esports
More people with real jobs in the US*
@@be4st856 id play games for money than being a corporal slave "normal job Andy" any fking day buddy
Cika Kure looks like this nigga unemployed!
@@be4st856 Yeah and studies show more than half of them are unhappy, proving that having a traditional job is nothing to boast about. I'm all for people making a living off things they actually enjoy rather than being a corporate slave working for unappreciative supervisors who milk their workers until their hurt and tired then spit them out and replace em.
@@YOUmommaHAX being an esports player is no different a lot of esports players dont last long, imagine playing the same game for most of the day and for years, also when they play they dont play for "fun" at that point they are training so they can win tournaments.
As an avid OWL fan, I gotta give mad respect to his points and knowing what meta is and the realities of e sports
Translation: owning an e sports (league of legends) team in is terrible in the US because they can't win!
NA are trash -DL
I like this guy a lot you can tell he did some research for this, good man!
At first I thought it said ESCORT
@Notorious1503 aight incel boy
@@AsDfler12 ok boomer
Yup
Oh ya
From the interview where he owned skip bayless while citing their coaching and game plan against miami, I was already blown away or impressed with this man. He really dives into it and researches with the team. So I'm not surprised when he stated that fact because he sounds and he seems to have done his homework on creating revenue with esports on the western hemisphere. So I agree with him.
Same guy who said Bitcoin was useless
It is useless?
Because it's useless.
Its stil useless
I know nobody who uses it lmao
Absolutely right