Starting in 2017, as reported by ESPN, Riot Games, developers of League of Legends, will be requiring North American and European teams participating in the League Championship Series, to fully contract and employ their coaching staff and players. By mandating that all teams fully contract their staff and players as full time employees, they will receive full benefits such as healthcare, earn higher wages and 401K.
Of the twenty North American and European LCS teams, only six teams currently contract their players and staff as employees, as opposed to independent contractors: Cloud9, Team Liquid, Immortals, Unicorns of Love, Team SoloMid and H2K Gaming. Before the League Championship Series begins in 2017, the remaining teams will need to adhere to these changes and update their business structures.
“Currently, the Riot Games minimum compensation is $12,500 in North America and €11,250 in Europe per player, per split which would equal $25,000 and €22,500 per year respectively.”
Sources close to Riot Games are said to be raising the minimum wages for LCS teams’ players and staff as well, but these details have yet to be determined.