Carlsen is not going to forfeit his title. If he steps down now, he will always be second to Kasparov who reigned supreme for far longer than Carlsen.
Real reason why carlsen is forfeiting his classical title
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Dec 17, 2021
0
#23
Arnaut10 wrote:
You are comparing overwatch and csgo with chess?
You are comparing overwatch and csgo with chess ?? ! (who is Dafran ? )
DrJetlag wrote:
Stil1 wrote:
Carlsen's income is far beyond streaming, at this point.
He's the co-founder of PlayMagnus, which earns around $20 million per year in revenue, and has a $100 million (USD) market value on the European stock exchange.
He has also purchased many subsidiaries, such as: Everyman Chess and New in Chess (both chess publications), Chess24 (chess coverage website), and Chessable (chess lessons website).
He's raking in millions from owning (and co-owning) these companies, alone. And add to that the money he wins every year from tournaments, which is relatively substantial, especially after his WCC winnings.
Carlsen doesn't need to stream at all. (He might, of course, for self-entertainment reasons ... and a lot of fans would definitely love it if he streamed more. But he certainly doesn't need to, for income.)
I'm glad someone made that point... that Magnus would want to quit to focus on streaming is bizarre, he's no Hikaru. He never really was a streamer. The dude owns a f'n business empire and had lucrative endorsements for over 10 years now, his motivation to defend or not defend his title has clearly nothing to do with money.
At this moment he seems to care about his legacy. If, say, Duda or Radjabov win the candidates he can call it quits while at his best, and will go down in history as undefeated. If Alireza wins the candidates, he wouldn't want to do that because then the narrative could be that he was afraid to face Alireza. So he'll play him while Alireza is not yet at his peak, beat him, and then retire from the WC title on a high, having beaten the next big star. But honestly, I doubt he'll drop out even if someone else wins the candidates.
This isn't a disney movie and carlsen isn't a hero... lmao at people bringing up stupid things like legacy etc in real world. In real world career is all about money and or fame/power. Carlsen will always defend his rapid title since it takes only 3 days. He never needs to defend his classical title since it takes way too much energy for way too small of a paycheck.
Just keep watching, if carlsen's streams and popularity continues then he will likely quit classical chess altogether just like how hikaru has done
DrJetlag wrote:
kartikeya_tiwari wrote:
DrJetlag wrote:
Stil1 wrote:
Carlsen's income is far beyond streaming, at this point.
He's the co-founder of PlayMagnus, which earns around $20 million per year in revenue, and has a $100 million (USD) market value on the European stock exchange.
He has also purchased many subsidiaries, such as: Everyman Chess and New in Chess (both chess publications), Chess24 (chess coverage website), and Chessable (chess lessons website).
He's raking in millions from owning (and co-owning) these companies, alone. And add to that the money he wins every year from tournaments, which is relatively substantial, especially after his WCC winnings.
Carlsen doesn't need to stream at all. (He might, of course, for self-entertainment reasons ... and a lot of fans would definitely love it if he streamed more. But he certainly doesn't need to, for income.)
I'm glad someone made that point... that Magnus would want to quit to focus on streaming is bizarre, he's no Hikaru. He never really was a streamer. The dude owns a f'n business empire and had lucrative endorsements for over 10 years now, his motivation to defend or not defend his title has clearly nothing to do with money.
At this moment he seems to care about his legacy. If, say, Duda or Radjabov win the candidates he can call it quits while at his best, and will go down in history as undefeated. If Alireza wins the candidates, he wouldn't want to do that because then the narrative could be that he was afraid to face Alireza. So he'll play him while Alireza is not yet at his peak, beat him, and then retire from the WC title on a high, having beaten the next big star. But honestly, I doubt he'll drop out even if someone else wins the candidates.
This isn't a disney movie and carlsen isn't a hero... lmao at people bringing up stupid things like legacy etc in real world. In real world career is all about money and or fame/power. Carlsen will always defend his rapid title since it takes only 3 days. He never needs to defend his classical title since it takes way too much energy for way too small of a paycheck.
Just keep watching, if carlsen's streams and popularity continues then he will likely quit classical chess altogether just like how hikaru has done
You are just ignoring what has been said several times in this threat? The guy is part of a business empire (see https://www.nytimes.com/2021/11/22/sports/magnus-carlsen-chess.html for example), he is way beyond the point where he would bother streaming for financial reasons. He may or may not get more into streaming, but if he does, he does it for fun, like he did recently while getting drunk with David Howell and friends. In the same way, he may or may not defend his title depending on whether he feels that he's enjoying it, and whether it's good for his reputation. When I say legacy I mean that the cares about how people will look back at him, every great sportsperson or artists cares about that, it's not a Disnay movie thing.
We are not talking about his business empire vs streaming. We are talking about his world chess championship defense vs his other options and his other options are far more lucrative my guy. I don't know why u keep bringing his business, that isn't and never will be of any concern here since he isn't going to give it up for something else. Let's discuss what he is giving up vs what he would be doing in it's place.
Only common people think that great players think of legacy... nope, players literally only think about how to invest their time in a profitable way to get most out of their talents. Carlsen's time investment in classical chess is useless since he has to prepare for months for his championship.
Even if alireza wins the candidate i highly, highly doubt carlsen will invest his energy and money into another world chess championship match. He would likely(very very likely actually) just quit playing classical chess just like how hikaru has done.
Dec 20, 2021
0
#26
Bro, Carlsen would make bank as being the World Champion, staying World Champion for sure brings in more money than being a streamer for example. That being said, I am sure if he started streaming like Hikaru he would make a lot of money.
he already streams. Also, maintaining the world title in classical chess is a costly affair. You have to start preparing for it a few months beforehand, have to hire your team of seconds, give up some of your other endeavors etc. The 1 million dollars is definitely not worth it. You can make bank by just streaming or playing some blitz tournaments online.
It just makes no sense to defend a world title in classical chess.
DrJetlag wrote:
kartikeya_tiwari wrote:
DrJetlag wrote:
kartikeya_tiwari wrote:
DrJetlag wrote:
Stil1 wrote:
Carlsen's income is far beyond streaming, at this point.
He's the co-founder of PlayMagnus, which earns around $20 million per year in revenue, and has a $100 million (USD) market value on the European stock exchange.
He has also purchased many subsidiaries, such as: Everyman Chess and New in Chess (both chess publications), Chess24 (chess coverage website), and Chessable (chess lessons website).
He's raking in millions from owning (and co-owning) these companies, alone. And add to that the money he wins every year from tournaments, which is relatively substantial, especially after his WCC winnings.
Carlsen doesn't need to stream at all. (He might, of course, for self-entertainment reasons ... and a lot of fans would definitely love it if he streamed more. But he certainly doesn't need to, for income.)
I'm glad someone made that point... that Magnus would want to quit to focus on streaming is bizarre, he's no Hikaru. He never really was a streamer. The dude owns a f'n business empire and had lucrative endorsements for over 10 years now, his motivation to defend or not defend his title has clearly nothing to do with money.
At this moment he seems to care about his legacy. If, say, Duda or Radjabov win the candidates he can call it quits while at his best, and will go down in history as undefeated. If Alireza wins the candidates, he wouldn't want to do that because then the narrative could be that he was afraid to face Alireza. So he'll play him while Alireza is not yet at his peak, beat him, and then retire from the WC title on a high, having beaten the next big star. But honestly, I doubt he'll drop out even if someone else wins the candidates.
This isn't a disney movie and carlsen isn't a hero... lmao at people bringing up stupid things like legacy etc in real world. In real world career is all about money and or fame/power. Carlsen will always defend his rapid title since it takes only 3 days. He never needs to defend his classical title since it takes way too much energy for way too small of a paycheck.
Just keep watching, if carlsen's streams and popularity continues then he will likely quit classical chess altogether just like how hikaru has done
You are just ignoring what has been said several times in this threat? The guy is part of a business empire (see https://www.nytimes.com/2021/11/22/sports/magnus-carlsen-chess.html for example), he is way beyond the point where he would bother streaming for financial reasons. He may or may not get more into streaming, but if he does, he does it for fun, like he did recently while getting drunk with David Howell and friends. In the same way, he may or may not defend his title depending on whether he feels that he's enjoying it, and whether it's good for his reputation. When I say legacy I mean that the cares about how people will look back at him, every great sportsperson or artists cares about that, it's not a Disnay movie thing.
We are not talking about his business empire vs streaming. We are talking about his world chess championship defense vs his other options and his other options are far more lucrative my guy. I don't know why u keep bringing his business, that isn't and never will be of any concern here since he isn't going to give it up for something else. Let's discuss what he is giving up vs what he would be doing in it's place.
Only common people think that great players think of legacy... nope, players literally only think about how to invest their time in a profitable way to get most out of their talents. Carlsen's time investment in classical chess is useless since he has to prepare for months for his championship.
Even if alireza wins the candidate i highly, highly doubt carlsen will invest his energy and money into another world chess championship match. He would likely(very very likely actually) just quit playing classical chess just like how hikaru has done.
He choses to play in Wijk an Zee, which is not lucrative at all. The point is that none of the activities he does, whether streaming, playing tournaments, or defending the world chess champtionship, is lucrative enough compared to his overall wealth to influence his decision on whether to do this or that. If anything, being world champion is good for both his companies (they can use him to market themselves better) and also from the point of view of endorsements he gets, so the benefit is much greater than just the prize money.
And what's that 'only common people think...'. Are you not a common person, who knows exactly how players think? And for some reason you are sure that people are not vain and don't care about reputation?
He doesn't make money in a vaccum. He has his "empire" based on his app and based on the fact that he is the best chess player at the moment. However people in general have stopped caring about classical chess and the popularity of rapid and blitz online events have risen to the extreme. Therefore now he doesn't need to be the "classical world champion", he can easily thrive in his business by just streaming + attending online speed chess events.
This was NOT the case earlier and therefore people held on to their world titles a lot more since that was the only way to gain fame(and therefore money).
It surprised me that he chose to play wijk aan zee. I guarantee that this will be one of the very last classical OTB events he will play though. His retirement from classical chess is coming very very soon, won't be surprised if he retires from classical chess in 2023 even.
I know how players think. The concept of "legacy" only appeals to someone as long as someone is far away from achieving that thing. As one gets closer and the thing becomes more real, it stops being so magical so no one thinks in terms of "legacy"
Hikaru is a big example. He was thought to be a potential rival of magnus and was even a part of candidates but he quit classical chess due to his streaming career. Earlier he was competitive but now he openly accepts that magnus is way better. Same thing is happening with magnus, he is in the process of giving up classical chess
Dec 20, 2021
0
#29
Lol mate. It's been officially confirmed a few days ago that Carlsen will defend his title next time regardless of whoever wins the candidates
Dec 20, 2021
0
#30
Whatever the reason for this, it will be super weird if he gives up the title but continues to play chess competitively and stays #1. The prestige of the WC title would take a huge hit. Fischer, at least, stopped playing chess altogether after he had refused to defend the title. But this will be completely unprecedented. And very bad for chess, I think.
Dec 20, 2021
0
#31
AntiMustard wrote:
Whatever the reason for this, it will be super weird if he gives up the title but continues to play chess competitively and stays #1. The prestige of the WC title would take a huge hit. Fischer, at least, stopped playing chess altogether after he had refused to defend the title. But this will be completely unprecedented. And very bad for chess, I think.
That's a good point
Imagine him going in to chess for the first time with such an open mind, only now to think back on what it has become to him.
Hmm what post is this
Everyone should lay off on the guy. It’s like the paparazzi if they talked behind their backs. Let him do what he wants to do.
He plays chess. He’s great at it. simple.
When I read the title of the thread I was like "Oh here is another know it all spouting about something he knows nothing about" but then I read the post and, no, no yeah I actually agree. It does make sense. In the end it's all about money, for all of us. The World Championship is every two year cycle. He knows his challenger about 6 months ahead of time. Which means literally 1/4th of his life is in heavy study/preparation and anxiety for a huge, burdensome, tiresome, arduous match. So he lives a quarter of his life in anxiety. Even though he's good, he knows he's not God and he could lose so that's got to be anxiety right there. Yeah he'll make a million or more, but he could probably make more with his other endeavors. I bet he has a lot more fun streaming. Doing it 5 times has got to be very laborious. He's already at the point now where he knows they will call him the greatest of all time so he doesn't really need to hold it longer for his legacy.
Wait…..it all leads up to one SINGLE game? Months of preparation to a single game that will decide who will hold the title?
DefenderPug2 wrote:
Wait…..it all leads up to one SINGLE game? Months of preparation to a single game that will decide who will hold the title?
No the World Championship is a long match consisting of potentially 14 games over about three weeks. A draw is a half a point and a win is a full point. First person to 7 points wins. So it could possibly be over in 7 games if someone wins 7 in a row, which will never happen at that level. The match that just concluded was 11 games, and it was shorter do to the fact Carlsen won convincingly earlier than expected. But it's a long ordeal that gives both players to opportunity to settle in over weeks and win a majority.
It used to be first person to 12 back in Fischer and Spassky's day. That match could be 24 games. I wish it was like that. THOSE were REAL matches. But noooo everyone's too tired and can't handle it these days.
Anonymous_Dragon wrote:
Lol mate. It's been officially confirmed a few days ago that Carlsen will defend his title next time regardless of whoever wins the candidates
he won't
AntiMustard wrote:
Whatever the reason for this, it will be super weird if he gives up the title but continues to play chess competitively and stays #1. The prestige of the WC title would take a huge hit. Fischer, at least, stopped playing chess altogether after he had refused to defend the title. But this will be completely unprecedented. And very bad for chess, I think.
I doubt the WC title has any "prestige" anymore. People who are way worse than World champions can get more recognition, fame, sponsors and money so being the world champion has literally no merit.
Magnus already is famous and a successful businessman but imagine if someone like Ian or karjakin won the title... well to them the title would be useless since people way worse than them like hikaru, andrew tang, eric hansen and people even worse than these guys like botez sisters, levy rozman etc get way more fame, sponsors, money and recognition... so i ask you again, what is the title worth? nothing more than dirt.
I won't be surprised if magnus had a big conversation with his financial advisor and he realized that he is losing money in this title defense. He has no reason to continue on since streaming would give him more recognition than winning the title ever can.
The reason the WC title used to have prestige is because it made you the MVP. The most famous player and brought in tons of sponsors. Now things are completely the opposite. You can play stupid chess and crack stupid jokes on twitch and get way more recognition than the world champion, the title is worth little more than dust
Carlsen's income is far beyond streaming, at this point.
He's the co-founder of PlayMagnus, which earns around $20 million per year in revenue, and has a $100 million (USD) market value on the European stock exchange.
He has also purchased many subsidiaries, such as: Everyman Chess and New in Chess (both chess publications), Chess24 (chess coverage website), and Chessable (chess lessons website).
He's raking in millions from owning (and co-owning) these companies, alone. And add to that the money he wins every year from tournaments, which is relatively substantial, especially after his WCC winnings.
Carlsen doesn't need to stream at all. (He might, of course, for self-entertainment reasons ... and a lot of fans would definitely love it if he streamed more. But he certainly doesn't need to, for income.)