On the ImPaulsive podcast's latest episode, Logan Paul questioned the veracity of xQc's $100 million deal with Kick that shook up the streaming industry a few weeks back. This YouTuber turned boxer was not entirely convinced about the amount of money that the Twitch creator was making after his fellow host, Mike Majlak, revealed it.
The non-exclusive contract signed by Felix "xQc" sent shockwaves throughout the entertainment industry after his agent revealed that with incentives, this Kick deal could be worth as much as 100 million dollars, if not more. That two-year contract was hailed by many as a turning point in streaming, considering the amount of money on offer is comparable to some star athletes' salaries.
Logan Paul, however, expressed doubt about the figure. He asked his fellow hosts whether it was "real" after Mike compared Felix's Kick deal with Messi's two-year one with Inter Miami, saying:
"Is that real? Is that real? Um, I don't believe it. I am sorry I don't;'I'm a hater. It's too much money."
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"Scratch half of that for taxes": Logan Paul insinuates xQc's $100 million deal with Kick is not as it seems
Timestamp 29:28
The podcasters were talking about athletes and million-dollar deals when Mike Majlak brought up how Argentine football star Lionel Messi's two-year contract with Inter Miami is estimated to be somewhere around $125 to $150 million. He noted how similar it was to the deal signed by xQc:
"Two years for $125 million dollars. Eerily similar to two years for $100 million dollars, which is what Twitch star xQc just got."
This was when Logan Paul appeared to not believe the figure. As a result, Mike went on to state that the base value of xQc's deal is about $70 million but that it could be as high as $100 million with incentives. He said:
"Felix Lengyel... announced that he will be joining a rival streaming platform in a two-year deal. The contract is reportedly worth around $70 million with incentives, potentially raising the total to $100 million."
Logan doubled down on his skepticism, saying that he was right to doubt the authenticity of that deal and cited taxes as well as other reasons why xQc would not get that much money.
The taxes argument was refuted by his fellow hosts, who pointed out that all contracts, even Messi's, would be subject to taxes. The conversation then shifted to Ninja's reported multi-million dollar contract with Mixer, with Mike claiming xQc's case is different as Kick has considerable resources, thanks to their connections to the crypto gambling website Stake:
"Ninja got paid, but his (deal) wasn't worth $100 million. And also, it wasn't backed by a company that has unlimited financial resources. You know what I'm saying?"
This appeared to change Logan Paul's mind to some degree, who then remarked:
"I see because they are with that gambling company that makes all that money."
Reddit reactions to Logan Pauls's skepticism about xQc's deal
Redditors on r/LivestreamFail had much to say about Logan's comments, with many calling him out for not paying back his CryptoZoo backers.
Logan Paul has been facing harsh criticism online for his failed CryptoZoo project. Several victims of the NFT scheme have called out the online personality for not paying back the money they invested in the program.
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