Salary

2023 - 1 - 6

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Image courtesy of "Digiday"

The esports salary market is headed toward a correction (Digiday)

And those insiders may have a point. The money that largely fuels player salaries in esports — i.e., from venture capital investors and advertisers — is drying ...

[ on player salaries](https://open.spotify.com/episode/5KyfZoLsYcNxLheYmarZdE?si=f152e6b4b0604f2c), have no [media rights revenue to cash in on](https://www.dexerto.com/opinion/esports-media-rights-1570421/). In fact, in the Championship, [the average wage-to-revenue ratio is 125%](https://www.ft.com/content/525a0090-106a-42b7-befc-2f34d71e60ca). [winning the lottery](https://talksport.com/football/efl/1108001/championship-play-off-final-worth-money-premier-league-promotion-huddersfield-nottingham-forest-wembley/). As the industry journeys through its first (possible) recession, the risk of salary inflation short-circuiting teams grows. More from the series → Presented by Rise Join a panel led by editor-in-chief Jim Cooper as Digiday and Rise kick off 2023 with a special […] [claimed](https://www.youtube.com/watch?v=0ZKLNzvu-dA) the average yearly salary for players in the LCS — North America’s top-tier League of Legends competition — was more than $410,000. More often than not these teams turn to offering [ white-label production services](https://1upstudios.gg/), [ selling streetwear](https://www.forbes.com/sites/timcasey/2021/12/02/esports-company-100-thieves-raises-60-million-series-c-funding-round-at-460-million-valuation/?sh=1b9052e630ed), and ramping up content creation to make money. “From their standpoint, they already know that this is not the play they thought it was.” This is especially the case in esports. Rich teams pay big for the players they want, which has destabilized salaries across the board because it boosts the expectations of players. The current economic downturn continues to expose the frailty of esports’ financial footing and critical need for reforms. “VCs expected [team owners] to 10x their business model, and they did that by paying absurd salaries to really good players to try to win and build their brand.

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Image courtesy of "hoopsrumors.com"

10-Day Contract Window Opens; Salary Guarantee Deadline Looms (hoopsrumors.com)

Teams can begin signing players to 10-day contracts and must make decisions on their non-guaranteed players.

[an 15-man roster opening](https://www.hoopsrumors.com/2022/07/2022-23-nba-roster-counts.html), though most of them won’t rush to fill their open roster spots with 10-day signees. [Twitter link](https://twitter.com/BobbyMarks42/status/1610991022976241664)). [glossary entry](https://www.hoopsrumors.com/2022/12/hoops-rumors-glossary-10-day-contracts-4.html), allows a team to add a player to its roster for either 10 days or three games (whichever occurs later) without any commitment beyond that. The NBA’s 10-day signing window always opens just ahead of the league-wide salary guarantee deadline. Other clubs may utilize 10-day deals for short-term injury fill-ins, or simply to meet minimum roster requirements. No other players on non-guaranteed deals have been cut since then, but we’ll likely see at least a small handful released before Saturday evening.

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Image courtesy of "Olive Oil Times"

In Jaén, New Agreement Raises Salary for Olive Workers (Olive Oil Times)

Olive companies and unions sign a new agreement, which provides a 3.25 percent salary raise for the 2022/2023 season and additional increases over the next ...

Operators of [harvesting machines](https://www.oliveoiltimes.com/briefs/students-design-drone-for-harvesting-olives/114883)’ wages will rise to €59,96, €60.81 for tractor drivers, and €56.19 for the other workers. Jaén produces the majority of Spain’s olive oil. Those measures reduced the number of workdays needed for agricultural workers to access unemployment support and agrarian income from 20 days to 10 days. [Confederation of Businessmen of Jaén](https://www.oliveoiltimes.com/world/cea-guillen-partnership/24543), the [Union of Small Farmers and Ranchers](https://www.oliveoiltimes.com/production/spains-farmers-welcome-low-harvest-forecasts/85077), the Workers General Union and the Workers’ Commission participated in the negotiations. Workers will be given a 3.25 percent wage increase in the 2022/2023 season. [olive oil producers](https://www.oliveoiltimes.com/business/challenges-abound-for-spains-olive-oil-producers/111557) and workers in Jaén is needed because of the expected severe drop in the region’s [olive harvest](https://www.oliveoiltimes.com/production/drought-heat-cut-almeria-olive-harvest-by-half/114058). That raise will be set for between 1 and 3.5 percent. [seasonal workers](https://www.oliveoiltimes.com/business/spain-lowers-barriers-for-agricultural-wage-subsidies/113414)’ rights and improve employment opportunities in the field. [Find them in the Official Guide.](https://bestoliveoils.org/search) [Consumer price variations](https://www.oliveoiltimes.com/world/olive-oil-consumption-falling-among-spains-youth/66773) will determine the exact percentage. [Asaja](https://www.oliveoiltimes.com/production/farmers-in-cordoba-fear-lasting-effects-of-prolonged-drought/114811)) said that the goal of the new agreement goes beyond “regulating working hours and other conditions between employer and employee.” It sets the conditions to “ensure social peace in the countryside and avoid breaches.” [harvest](https://www.oliveoiltimes.com/production/producers-in-andalusia-brace-for-second-worst-harvest-on-record/112714) and will last for four years.

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