Players who enter the elite circuit younger tend to stay longer, but tournament earnings remain concentrated among a small group of winners.
Researchers studied the careers and tournament prize earnings of 846 elite esports players from 62 countries between 1999 and 2024. They found that players were most likely to leave the elite circuit early, while those who survived longer tended to remain for longer periods; players who entered the circuit younger also had longer careers.
Prize earnings were heavily concentrated among a small group, with Gini coefficients above 0.7 throughout the data and greater concentration at the top. Real prize earnings rose rapidly in team-based games but were broadly unchanged in individual formats, a pattern the researchers say is consistent with publishers using larger team prize pools to sustain competitive effort.
Careers and prize money
The researchers analysed a 1999–2024 panel of 846 elite players from 62 countries. Exit hazards—the likelihood of leaving the elite circuit—were highest in the early years of a career and declined among players who remained. Players who entered the elite circuit at younger ages had longer careers.
Prize earnings were highly concentrated: Gini coefficients were above 0.7 across the panel, with concentration increasing in the upper tail. Real prize earnings grew rapidly in team formats but were broadly stagnant in individual formats. The authors interpret these patterns using rank-order tournament theory, which links large differences between top and lower prizes with selection, retention and earnings distribution.
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Journal of Cultural Economics · 2026 · DOI: 10.1007/s10824-026-09603-2
Authors: Thomas Newham, Tim R. L. Fry
Institutions: Nottingham Trent University