Esports

Pennsylvania teen wins $3 million in Fortnite tournament

Kyle "Bugha" Giersdorf celebrates winning Fortnite World Cup at Arthur Ashe Stadium in New York City
Kyle "Bugha" Giersdorf celebrates winning Fortnite World Cup at Arthur Ashe Stadium in New York City. Photo: Eric Ananmalay/ESPAT Media/Getty Images

Kyle Giersdorf, a 16-year-old from Pennsylvania, won the solo event at the inaugural Fortnite World Cup on Sunday, taking home $3 million in the process.

Why it matters: Such prizes show there is real money to be made in the booming esports arena, but lots people on Twitter on Sunday pondered whether such winnings are overglorifying the economic prospects for playing video games.

The next big esports battleground: player contracts

Faze Clan
Photo: Press Focus/MB Media via Getty Images

A lawsuit from esports star Turner "Tfue" Tenney against the Faze Clan — alleging the organization takes 80% of his sponsorship revenue — has put a spotlight on how contracts in the industry are structured.

Why it matters: Tenny's situation could become a benchmark for the industry.