• Loading stock data...
Wednesday, February 25, 2026

The Screen’s Gambit

Jurriaan Hoefsmit, Tata Steel Chess Tournament 2021

A chess grandmaster was the highest-earning esports player of 2020.

The pandemic caused a major transition to virtual events, and chess was no exception. Thirty-year-old Norwegian Magnus Carlsen banked $510,587 in prize money from online site Chess24 — more than any other esports player. 

“Magnus Carlsen is a fantastic champion and has dominated the circuit for a number of years, helping raise the profile of the sport,” said a spokesperson for esports company Unikrn.

Although Carlsen pocketed six figures, the pandemic has affected esports prize money. 

  • Prizes dropped 76% between 2019 and 2020, from $55 million to $11 million. 
  • Fortnite was among the games slashing rewards, reducing its purse from $71.59 million in 2019 to $7.88 million in 2020.

Two other chess grandmasters were among the top esports earners: Hikaru Nakamura at No. 7 ($325,000) and Wesley So at No. 12 ($246,190). The average age of the list was 22.7 years old, and included seven teenagers.

Carlsen also launched his online Magnus Carlsen Chess Tour in 2020, with a prize pool of $1 million. He won the Grand Final in August over Nakamura, contributing to his impressive earnings.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sponsored

Top Esports Athletes Will Compete for National Glory in the Esports Nations..

The new biennial event, starting in 2026, kicks off a monumental next era for esports.

Esports Winter: NBA 2K League Hits Pause Button Amid Industry Decline

The previously high-profile esports league is now effectively on hiatus amid widespread layoffs.

IOC Proposes Holding Separate Olympics for Esports

The organization’s executive board has proposed a separate Olympics for online gaming.
A general view as Faze Clan takes on EUnited during the Call of Duty League Finals e-sports event at Miami Beach Convention Center.

FaZe Clan, Once Valued at $725M, Sold at $16M Valuation to Jerry..

The deal, closing in Q4 2023, is being characterized as a merger.

Featured Today

[Subscription Customers Only] Jul 13, 2025; East Rutherford, New Jersey, USA; Chelsea FC midfielder Cole Palmer (10) celebrates winning the final of the 2025 FIFA Club World Cup at MetLife Stadium

Soccer’s ‘Crown Jewels’ Are Devouring Smaller Clubs

Mega conglomerates are feeding a big business machine. Fans are furious.
Feb 10, 2026; Cortina d'Ampezzo, Italy; Cory Thiesse and Korey Dropkin of the United States during the curling mixed doubles gold medal game during the Milano Cortina 2026 Olympic Winter Games at Cortina Curling Olympic Stadium
February 20, 2026

Curling Clubs Are Swept Up in Olympics Fever. Can It Last?

Every four years, organizations field an influx of curling-curious patrons.
Max Valverde by Ron Winsett
February 17, 2026

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park
February 13, 2026

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.

Thunder Favored, but Bettors Backing Pacers Big in NBA Finals

The most bet-on exact series outcome is the Thunder winning in five.
Fanduel
March 4, 2025

FanDuel Retains Sports Betting Crown With $14B in 2024 Revenue

The FanDuel parent company posts big increases in revenue and net income.
May 8, 2025

FanDuel Misses Projections As Betting Favorites Dominate 

FanDuel is hit by customer-friendly betting outcomes during March Madness.
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
February 20, 2025

Americans Bet $148 Billion on Sports in 2024, Up 23.6%

Both overall handle and revenue rose by more than 20% last year.
DraftKings app
February 14, 2025

Lawsuit Says DraftKings VIP Program ‘Preyed On’ Gambling Addicts

The company’s being sued for negligence and intentional infliction of emotional distress.
August 20, 2024

Beloved ‘Backyard Sports’ Brand Says It Will Relaunch After Decade Hiatus

“Backyard Baseball” was a turn-of-the-century computer hit. 
DraftKings
August 2, 2024

DraftKings Adds Tax on Winnings After First Profitable Quarter

The company’s stock fell 5% Friday morning.