Following League of Legends, China is also applying a player salary cap in the Valorant tournament in this country.
The Valorant 2024 season will begin in February next year, and it will also introduce another global tournament, VCT China. The Chinese Valorant League was announced this year and information about the tournament has gradually been released to fans since then.
Recently, fans were introduced to 10 teams that will become key factors in the tournament for many years to come. An 11th team will be added to match the remaining 3 tournaments in other regions, and the 11th team will be selected through the Ascension tournament starting at the end of December this year.
Although it is also part of the VCT system, VCT China will only have teams located within China, unlike other tournaments that still have a number of teams from different regions. In addition, according to a recent interview with the director of TJ Esports and Valorant Esport in the region, VCT China also applies a salary cap law for players.
Eric Feng, head of Valorant China esports, shared that VCT CN will add a salary cap for players as well as a minimum salary requirement. “It’s difficult to say that every result will be completely satisfactory, But we hope that through our efforts, some of our good players can find a good club to play for and then So together we can improve our entire league at a highly competitive level.” Details of the maximum salary have not yet been announced.
Salary caps are also not new to esports in general. China’s League of Legends league, LPL, implemented this rule in 2020, and leagues in Europe and Korea also announced that they would introduce similar restrictions for next year’s season. In the LCK and LEC, this regulation is called the Sports Finance Regulations. The idea behind the introduction of these new rules is to “enable teams, players and leagues to grow sustainably by adjusting each team’s salary expenditure to an appropriate level.” This comes after organizations over the years have paid players exorbitant salaries in the race to sign the best names, regardless of the damage it could cause to their plans. financial planning.
Whether the salary cap law will be applied in other VCT leagues is unknown. Although some players are paid very high prices, overall spending on player recruitment has generally decreased due to financial difficulties.