Astralis Finance Report Reveals Dev1ce Transfer Fee To NIP

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Astralis Finance Report Reveals Dev1ce's Transfer Fee

Astralis finances have revealed some key CS:GO player transfer amounts.

Aditya Singh Rawat
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Highlights
Astralis issued its half-year financial report from 1st January to 30th June 2021 a few days back on 31st August.
The report revealed dev1ce's transfer fee from Astralis to NIP which amounted to DKK 4.5 million which translates to about $717,136 USD.
The finances also revealed that Astralis had earned about DKK 6.5 million ($1,035,863 USD) through the sales of in-game items, mostly CS:GO stickers.

The Danish esports organization, Astralis, a few days back on 31st August, released its financial report for the period of 1st January to 30th June 2021. A bit of snooping around these finances has revealed the transfer amount of Nicolai "dev1ce" Reedtz from Astralis to Ninjas in Pyjamas (NIP), along with other company related figures like the amount earned by Astralis through the sale of in-game items like stickers.

Astralis had become the first esports organization to launch an Initial Public Offering (IPO) in December last year, when they went public on the Nadaq First Growth market Denmark, offering 16,759,777 shares at DKK 8.95 ($1.33 USD).

Astralis finances reveals dev1ce transfer fee to NIP

Astralis published its half yearly financial report which showcased an improvement in its financial performance when compared to last year. The total turnover for the first half of 2021 was reported to be DKK 39.2 million ($6,247,049 USD), a whopping 92% increase in comparison to the same period last year.

While the financial report was overall very positive for the Danish organization, the one point that caught everyone's attention was dev1ce's transfer fee from Astralis to NIP. The 25-year-old was reportedly sold for DKK 4.5 million, which is approximately about $717,136 USD.

Back in April, when dev1ce had signed a three-year contract with NIP, it was reported that his transfer fee to the Swedish organization was DKK 6.5 million which is slightly more than $1,000,000 USD.

This was not the only exciting find within the finances, which also included information about how much the organization has earned through the sale of in-game virtual items.

According to Valve, whenever a cosmetic item dedicated to a particular player is sold or bought, a percentage of it goes to the organization as well. According to the financial report, Astralis has earned about DKK 6.5 million ($1,035,863 USD) through the sales of in-game items like stickers, among other things.

Astralis revenue through in-game items

Most of it has come through CS:GO, because apart from it, Astralis only has two other sponsored esports teams - League of Legends and FIFA.

Some additional information that surfaced online was related to another Astralis player, Lucas "Bubzkji" Andersen, who was apparently transferred over from MAD Lions to the Danish squad for around $100,000 USD.

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Aditya is the in-house CS:GO writer at AFK Gaming. While his understanding of the esports space is not restricted by geographical borders, his current focus lies in the Asian region. Understands and follows almost all major esport titles.