Disguised Toast shares his Esports venture will lose nearly $1 million this year

Jeremy Wang, also known as Disguised Toast, revealed that his Esports project will bear the loss nearly $1 million this year. 

Taking to Twitter, Wang disclosed expected loss to him in Valorant Challengers. 

"Just got off a call with my accountant and apparently i'm gonna be spending twice as much as i expected for dsg -$1,000,000," he wrote. 

Wang came to Esports scene by starting Valorant Challengers team at the start of 2023. 

In another tweet, Wang wrote: "If you guys see an increase in sponsored posts from me these next few months, its because I have literally said yes to every opportunity since each deal keeps DSG alive for another month."

Valorant Challengers are facing relegation from the NA Challengers league after they went 0-5 in their second split. And DSG decided to expand into the LCS, participating in the upcoming NACL amid orgs shutting down their academy rosters.

However, running an Esports org can get expensive, even at the relatively small scale of DSG. And with their expansion, Wanger revealed that DSG is going through some massive financial losses.

We can see the losses increase in April, most likely due to the signing of the Valorant superstar Jacob “yay” Whittaker. And throughout June to August, spending is further increasing, most likely due to DSG’s NACL team. 

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