The LCK, Korea premiere League of Legends circuit, is still operating at the massive lose. They have been bleeding money rapidly, with the league losing billhions of Korean Win Over Year.
The point where financial experts fear is that the LCK may collapse entirely if they do not have diversity in their revenue streams, with the actual profitability of the league taking a massive dip in 2024.
Well, that was not exactly profitable in 2022 or 2023, but 2024 was a huge year and saw the biggest losses in tck history. It is hard to imagine the things which have changed much in 2025.
Still now, League of Legends esports is continuing to break viewership records, with the LCK being more popular than ever this year and seeing over 2 million concurrent viewers on the biggest matches.
Experts fear LCK may collapse.
League of Legends went through a massive restructuring across almost every pro league going into 2025, with Riot trying to find ways to make every pro league more sustainableT hee financial reporting for the LCK is public, which gives a peek at part of the reason why.
The LCK Corporation reported Losses as follows for the years
- 2022:8.1 billion KRW($5,621,000 USD)
- 2023:13.2 billion KRW($9,161,000 USD)
- 2024:28.5 billion KRW($19,780,000 USD)
There are resulted in the cumulative losses totalling 42.7 million KRW($29,635,00), with much of that being incurred in 2024 alone.
Additionally, total sales went from 27.9 billion KRW($19,363,00) in 2022 all the way down to 11.4 billion KRW ($7,912,000 USD) in 2024. The amount of total which has revenue has been cut by almost two-thirds, a massive blow to the greater league.
Well the Riot has 100% ownership of the LCK corporation, and later the report losses could still mean Riot making the money off the League. Well most of these is contributed to the LCK softening operational costs for participating teams by reducing the membership fees and providing the profit sharing so the teams they have still canb be afloat.
2024 has given a blow to attribute to their streaming exclusively deal with the Chinese platform Huya failing through, a deal which has been financially stimulating the LCK for the Years.
They also had Valorant Champions Seoul in the LoL park arena, incurring the operational costs, which were reported to the LCK Corporation financials. There was a chance that the profit Riot thought it technically which has been reported as a loss.
Well there are no like the LCK which is going to collapse soon as expert feat the path which is not so stable.
Well the E-soprts is growing, they have not found the revenue structure yet, well the LCK which had been investing for years are having much difficult time, and there is a result which sosts the Riot Korea which has need to bear and is increasing reads as a report from the South Korean financial publication DealSite.
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