A Lot of Money for Playing Games

knowhow writes "Tom Taylor took the risk of dropping out from high school just to play video games. The guy who is just 18 years old, was prompted to take this step; because of the reason that emerged from his love for gaming. After playing for six months on a full time basis the guy signed a contract for a staggering $250,000." From the Article:"Now Tom taylor is known as Tsquared on the gaming circuit. He's earning six figures and has product endorsements and a video game tutoring business. He's one of about 100 professional gamers associated with Major League Gaming, a video gaming league founded in 2002. When they're playing well, pros might bring home a few grand a month."

Comments

When the money dries up...

[JoeCommodore]

I wonder in what situation he will be, he better be working on a backup skill.

Re:When the money dries up...

[__aaclcg7560]

If you have a significant chunk of change in any set of stocks that pay qualified dividends (tax free), anyone can make $3,000 a month (or more likely, $9,000 every quarter) to live on. That's what a lot of rich people do. That's what senior citizens do after saving for 30 or 40 years. That's what I'm in my Roth IRA (although I'm years away from pulling three grand a month in dividends). Nothing magical about it. Unfortunately, a lot of kids just don't get it that there's more to life beyond today.

Rating

[Kangburra]

Major League Gaming shows he's not even the best! :-(

Nice "editing"

[Anonymous Coward]

I'm not usually one to complain about the editors, but come on.

The guy who is just 18 years old, was prompted to take this step; because of the reason that emerged from his love for gaming.

Set that poor semicolon free! It doesn't deserve to be cooped up in that horrible excuse for a sentence! The semicolon is a beautiful creature that can only be appreciated in its natural habitat: a sentence containing two full independent clauses. Or certain lists.

Quiting school is not a life sentence

[TapeCutter]

"What exactly is the marketable skill in signing a contract that says 'give me loads of money'?"

None at that stage, but getting someone to offer you a genorous contract in the first place is a "marketable skill". If this kid has any financial smarts he will suck that contract dry and get a renewal, if not he will get bored, throw a "party", and watch it slip through his fingers.

I dropped out of high school at 16 (Australia), it did not stop me from renting a house, buying a car, raising a family... Sure I completed a BSc when I was 30 because by that time I had figured out what I wanted to do, now I am 47 my pay pack is well above average. To be honest, I would have to say that making a living is less "financialy challenging" when you have the right bits of paper, but that still doesn't mean your life is ruined without them.

However the notion that dropping out of school will ruin the rest of your life is false and usually promoted by those who stayed at school and have yet to find out what earning a pay packet is all about. And no, a couple of years burger flipping while leeching off your friends and relatives does not qualify.

BTW: Please excuse my spelling, as I said, I'm a high school dropout.