Despite being the defending champion of the LCK, GEN still had a lot of trouble finding sponsors, so they were compared to T1.
Recently, T1 increased its charter capital by issuing shares. In which, 6477 new shares were issued and helped T1 increase its charter capital to about 13.5 billion KRW (about 252 billion VND). There are many reasons behind this capital increase, but many fans predict the main reason is Faker’s contract along with the cost of investing in T1 in the future.
The number of shares issued by T1 quickly “burned out” in a short time.
In addition to T1, another popular LCK team, Gen.G Esports, is also in dire need of capital to continue operating the squad in the next season. However, the CEO of GEN shared that this team is facing many difficulties: “Honestly, I am currently looking for sponsors, so I am very busy. The market situation is really bad that Esports winter is very “cold”. But I’m working hard and will talk more with you guys later.”
Announcement from CEO Gen.G Esports on Discord channel.
Therefore, many Korean and Chinese fans have left quite a few humorous comments comparing the Champion and the runner-up of the LCK Spring 2022:
“Honestly, having a “Faker” on the team has a lot of benefits.”
“T1: Hey, a new investment of ten billion won in your pocket, why are you guys so short of money?”
“With Faker, there is no need to worry about sponsorship.”
“Samsung is currently only sponsoring T1.”
“With Faker on the team, sponsors will come to the door on their own.”
“Even GEN said this problem (finding a sponsor is difficult) how will other teams, only T1 is the cavalier.”
Faker is considered the “old man” who attracts a lot of sponsors and advertising contracts for T1.
“Life is tough these days, that’s how I see Faker’s influence, always earning a lot of sponsors and advertising contracts.”
“T1 sponsors are all top in the world (Nike, BMW, Samsung, Red Bull, …).”
