Faker is believed to be one of the highest paid players in the competitive League of Legends scene, if not the highest. There is no way of knowing exactly how much Faker is paid. However, according to reports, SK Telecom T1 currently pays Faker $2.5 million per year.

SKT offered their star man a bumper new contract following their first League of Legends World Championship victory in 2016.

According to rumours, Faker has been offered up to $4m annually to sign for teams in China’s League of Legends Pro League, but declined these offers to remain in Korea.

Faker’s $2.5 million contract is certainly a big investment for SKT. It is far higher than the average person can ever expect to earn per year. Faker even gives some of the world’s best athletes a run for their money.

While esports organisations don’t tend to make details of their players’ contracts available to the public, leaks and comments from insiders have provided some idea of what the industry’s best players currently earn. If correct, Faker is miles ahead of his fellow pros when it comes to earning-power.

Aside from his $2.5m base salary, Faker also earns addition income from sponsorship deals and tournament winnings. There is little details of the brands that sponsor Faker, but we do have some idea of how much Faker makes from tournament winnings.

According to Esports Earnings, Faker has made $1.72m in tournament prize money in his time. His best year came in 2016, when he guided SKT to the Worlds trophy. His total tournament earnings that year came to $418,000.

The exact amount that Faker makes is unknown. It’s impossible to say just how much or how little he makes without seeing his SKT contract and the details of any other deals that he has signed.

However, according to former Starcraft professional Hong “YellOw” Jin-ho, Faker is currently earning more than $4.6m every year from his salary, sponsorship and winnings.