As first reported, and confirmed, by Hongyu Chen of the Sports Business Journal, EDward Gaming founder Edward Zhu will follow through on his promise to give all EDG players who recently won the League of Legends Worlds 2021 championship their own house in Guangzhou, China. The move follows Zhu promising that each player would receive a house if they won Worlds 2021, something they accomplished in 3-2 fashion over DAMWON KIA last week.
According to Chen's report, each property will be worth over $150,000 USD and will be located in Zhujiang Future City, a property owned and controlled by Zhu's investment firm Zhujiang Investment Holdings. Chen noted that there could be some issues with the gift of property for Lee "Scout" Ye-chan and Park "Viper" Do-hyeon, both of whom are Korean nationals, not Chinese citizens. If they run into issues, EDG confirmed to Chen that they would pay out the players in cash instead.
The new houses come on top of bonuses from EDG's strategic partner TCL, who separately confirmed to Chen on Monday that they will be offering the equivalent of $470,000 USD in bonus money to the EDG roster following their historic championship win.
EDG raised the Summoner's Cup for the first time in their org history this year, after making a dark horse run through the group stage and the knockout stage to earn their slot in the Grand Finals.
Aaron is an esports reporter with a background in media, technology, and communication education.