Nerd Street Gamers is analyzing its options as the company finds itself in a “serious” financial situation, according to a report<\/a> by James Fudge of The Esports Advocate.<\/p>
In January, Dot Esports reported<\/a> that several professional VALORANT<\/em> players and talent members in North America are owed thousands as Nerd Street Gamers failed to pay prize pools the players won and pay talent for their work during events.<\/p>
Related: VALORANT<\/em> pros and talent report late payments from one of the top tournament organizers<\/a><\/strong><\/p>
Nerd Street Gamers also cut 25 percent of its staff after a round of layoffs in January 2023, according to a previous report<\/a> by TEA. If the reports are proven true, it would not seem likely that the tournament organizer will be able to pay the money it owes to players and talent from VALORANT<\/em> events in 2022 when it still held Riot-sanctioned tournaments and had prestige in the scene.<\/p>
