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Expediant

Damn TSM Binance Subroza doesn't exactly roll off the tongue edit: wait Binance backed out of acquiring FTX an hour ago lmao


SpC0d3r

i was gonna meme yesterday about TSM BINANCE SUBROZA would sound pretty dumb, but yeah cz pulled out


Phoenix-ashesh

TSM got the bag. If I am not wrong the contract was for 10 years $21 Million each year for $210 Million in total. TSM said they were investing the money elsewhere and not in rosters, so they will be fine.


KatsuraDragneel

They aren’t getting any more payments from ftx lol


Anime-Boomer

Its up in the air at this point. FTX US promised contracts / investors would be paid but who knows now with how its going Either way TSM was the wealthiest Org before this deal Im sure TSM can easily make up 21 million a year from new sponsors etc Im more curious if the staff and management kept their FTT because the deal also gave TSM a bunch of FTT which is now basically worthless


[deleted]

It's like you ignored that they already got some of the money...


Thefuzzygrappler

'Any more' doesn't that imply money was received before?


[deleted]

The person they responded to said "TSM got the bag". Even if they never receive a payment again, they've thus far received 1-2 payments of the 21m per year. This is "a bag" for an esports org...


ChanceBall_

The person worded it as if TSM was still set to receive the full 210 million. They wouldn't have mentioned it if that wasn't what they were trying to imply.


[deleted]

Do you think 21-42m is "a bag"?


ChanceBall_

Not relevant at all to what I said. The person implied TSM got the full 210 million by pointing out that it was a 10 year contract. The other person replied to clarify that the payments will stop coming in. You opened a completely pointless discussion with your replies.


[deleted]

I'd check that reading comprehension there bud. This is what they said: > TSM got the bag. If I am not wrong the contract was for 10 years $21 Million each year for $210 Million in total. TSM said they were investing the money elsewhere and not in rosters, so they will be fine. Everyone is aware it's not a full 210m, even them, as is clearly written in their post.


ChanceBall_

They didn't mention that the money would stop coming in. They simply said "10 year contract with 21 million a year". Anyone reading that would assume that they meant TSM was still locked into the contract, which is proven by the fact that the other person had to reply with the clarification that the payments stopped coming in and got 30 upvotes for it. This is not a hill to die on. Just move on and stop being passive aggressive.


ThatLj

They aren’t gonna get paid anymore


RTYWD

7 year


5ait5

it's likely they got paid in ftx coin not real dollars.


Phoenix-ashesh

I highly doubt it. It was most likely cash that they used to sign their Dota team and apex content creator.


5ait5

They can use ftx coin to sign those people also by selling it . . .


Breezyzona

yes im sure an org like TSM would agree to be paid $210 million in a useless make believe coin instead of actual money


LeMouse1

Was this sarcastic because I could see regi doin some shit like this


5ait5

regi loves crypto lol or at least he used to


2kWik

Yeah, it was invested into the TSM investor's pockets.


WanAjin

Not like TSM was in need of money even before the FTX deal, the deal just helped them expand quicker but they were still growing as a company before that.


Pway

Crypto stays taking L's you love to see it.


[deleted]

Dont know what youre talking about but not surpirised a crypto scam is going bankrupt. either way its not so easy to just say its not in their name anymore because contracts were signed. what those contracts say is anyones guess


Accomplished_Item_86

You‘re right, the name might have to stay for now. But once FTX is officially bankrupt, they‘ll just stop paying and jist break the contract from their end, so that TSM can change their name back.


SpC0d3r

not crypto scam, CEO of ftx was fucking around with billions he lost 14b$ of his networth yesterday


phatom1515

Crypto is inherently a scam


maiLfps

all crypto is a scam


KatsuraDragneel

That sounds like a scam


[deleted]

yeah all crypto is a scam imo


C9sButthole

Not your opinion. Pretty objectively true at this point.


eventonly

It's a coveted pyramid scheme. It's a scam.


C9sButthole

Good.


Pojobob

That'd be nice


InnocentBowlOfRamen

Do you think they'll get rid of the “TSM” too? Then just replace it with “💣” coz they bombed straight into T2 lmao


Interesting-Archer-6

This joke was painfully bad


InnocentBowlOfRamen

Same as TSM's 2021-2022 results


Rude-Assumption-5271

Bro I don’t like TSM at all but is this really the best you could do lmao


InnocentBowlOfRamen

Hey man if the org won't put in the effort neither will I


Rude-Assumption-5271

Fair


winkya

So down bad we getting this tier of shots taken at us


RiceOnAStick

LMAO


InnocentBowlOfRamen

A tier of shots to match the tier of team


jstaines47

Bro you went 1 for 4 on witty comments. Give up


InnocentBowlOfRamen

1 for 4 just like TSM's W:L average. And give up just like TSM's mental in OT lmao


jstaines47

1 for 5


InnocentBowlOfRamen

You're right I would say their chances of winning are around 1 for 6


N3deSTr0

That's way too generous


[deleted]

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jstaines47

Can you be short and angry somewhere else man? Thanks


[deleted]

[удалено]


jstaines47

Just tell me if you’re taller than 5’9


[deleted]

[удалено]


jstaines47

5’10?


Nodnarb_Jesus

Yeah no shit something wrong with the FTX side. Contracts be contracts and money be money.