Jeremy asked how much a pro can make and who would be mad enough to put up money for tournaments:
All prizes listed are for winners; in Korea (at least) all participants are paid something.
Japan-only; major titles:
Title | Winner's prize | Sponsor |
---|---|---|
Kisei | $355,000 | from 1976, Yomiuri Daily newspaper |
Meijin | $330,000 | 1612-1940, Japanese gov't; restarted 1958, currently Asahi Daily newspaper |
Honinbo | $280,000 | 1612-1940, Japanese gov't; since 1941, Mainichi Daily newspaper |
Judan | $126,000 | from 1962, Sankei Daily newspaper |
Tengen | $122,000 | from 1976, Nishinippon Daily newspaper |
Oza | $118,000 | from 1953, Nihon Keizai Daily newspaper |
Gosei | $67,000 | from 1976, Chugoku Daily newspaper |
- There at least 27 current minor titles in Japan alone (various sponsors, including NEC, Ricoh, Daiwa, and IBM (now defunct)).
- There are at least 24 current international titles, with prizes ranging from $400,000 to $30,000 (various sponsors including Toyota, LG, Samsung, and Fujitsu).
- There are at least 24 current titles in China.
- There are at least 21 current titles in Korea (various sponsors, including LG Oil, SK Gas, a couple of very large construction and a couple of very large construction equipment (think Caterpillar) companies).
- There are at least 18 titles in Taiwan.
High ranking professionals often open schools, or at the very least tutor select groups of talented students, so some have a steady income outside of tournaments.
Anecdotally, the Korea Go Association pays teaching professionals who live *outside* of Korea a monthly stipend of $2000 (that would be in addition to whatever students pay).
In summary, some of the top earners in 2004 (not necessarily best players):
Player | Country | Earnings |
---|---|---|
Yi Chang-Ho1 | Korea | ~$740,000 |
Cho U | Taiwan/Japan | ~$880,000 |
Yi Se-Dol | Korea | ~$400,000 |
Chang Hao | China | ~$165,000 |
There are roughly 1000 active and competitive professional players from Japan, Korea, China, and Taiwan.
All dollar amounts are according to current (mid-2010) exchange rates. No adjustments for cost of living (Chang Hao probably has it pretty good).