Renewing the contract ahead of ti was beneficial to Li Yang, as he needed so funds.
However, he had other considerations as well.
"President Chen, I’ve been streaming on Mouyu for two months now, and I’ve developed a connection with the platform. Switching to another platform might not suit well, but I have an exam period at the end of January, which puts so stress on streaming. How about we discuss the contract in mid-February?"
After Li Yang finished speaking, Chen Jie felt a bit flustered.
Damn, why is this guy so difficult to deal with?
Last ti, just a phone call nearly ssed up the contract, and now there are exams?
This was clearly an excuse from Li Yang.
But in reality, Li Yang was quite serious about his end-of-term exams.
He’s always been sincere with people.
Chen Jie said, "Li Yang, forty hours a month really shouldn’t have much impact. You can adjust your streaming schedule to avoid the exam period, averaging just over an hour a day."
"That might be true, but it interrupts my study rhythm. The exams at Jing University are really tough."
Chen Jie: "..."
Anyway, since he didn’t graduate from Jing University, whatever Li Yang says goes.
He quickly added, "How about this, listen to our offer first, and then decide?"
"Sure, go ahead."
"Here’s the deal: we have prepared three contracts for you, all for three months. The terms are: a signing bonus of ten million with a 50/50 revenue split, nine million with a 70/30 split, or eight and a half million with an 80/20 split. Additionally, each contract includes two million in monthly gifts as a show of our sincerity."
After hearing this, Li Yang was a bit taken aback.
In two months of streaming, the tips were indeed plentiful.
Aside from receiving over a million on the first day, later streams brought tips of about 150,000.
Streaming eight days a month, after splitting, his take-ho pay was around 600,000 a month.
Of course, mainly because he didn’t focus on cashing in; his poor fans didn’t have much money. It was enough to keep them as sycophants without spending on himself.
This contract seed quite generous.
Choosing the 80/20 split ant the signing bonus was over 13 million.
And that’s for just three months. If calculated annually, even at a slightly lower rate, the yearly signing bonus wouldn’t be less than 40 million.
No broadcaster could currently reach that level; 15 million a year was the limit, and only a few celebrity endorsents surpassed 40 million.
A couple of years ago, even the esports superstar only had a three-year contract worth 100 million, most of which was converted into gift rewards.
"President Chen, your offer is so generous I have no words. With this calculation, my monthly signing bonus is nearly five million."
Chen Jie said, "You deserve it. After all, there’s no other broadcaster on the entire network who’s hotter than you."
Li Yang: "Alright, I agree! I choose the third contract, but still with the usual terms."
"Don’t worry, don’t worry. We’ll definitely transfer the money all at once. And for the 80/20 revenue split, we can apply it to you imdiately, how about that?"
"Great."
Li Yang had no reason to refuse; why not take money offered to him?
It was all above board and legal.
However, this seed a bit off, as if Mouyu really wanted him to choose the 80/20 split and even included a special contract to highlight the cost-effectiveness of the higher split.
The 50/50 split equated to a 13 million signing bonus, the 70/30 to 13.2 million, and the 80/20 to 13.3 million.
That’s just on paper. In reality, with monthly tips of over a million, the split ant he could earn tens of thousands more each month.
On Saturday morning, Li Yang t with Chen Jie. The contract required almost no modifications, and the terms were all nearly identical, with just a bunch of additional legal clauses and significantly increased breach-of-contract penalties.
According to Chen Jie, this was a standard template for new contracts, the sa for all broadcasters.
The terms themselves were fine, but Li Yang recalled so of Chen Jie’s notorious dealings.
Oh well, as long as he didn’t break the law, there wouldn’t be any issues.
The balance between money and restrictions is mutual.
Once the money arrived, he could imdiately contact the brokerage to continue margin trading.
That afternoon, the contract took effect, and he started streaming.
Everything was calm.
However, on Sunday, a wealthy patron suddenly appeared in his streaming room, saying, "World champion, shall we be friends?"
Afterwards, the tips started pouring in, with 500-a-piece rockets sent from the start to the end of his stream, never stopping.
A total of 20,000 rockets.
million in tips, and with the split, Li Yang could take ho 8 million.
After the stream, Chen Jie reached out to him.
"Li Yang, you’re going to hit it big this ti. Previously, a wealthy group from YY planned to join Mouyu and wanted a billion worth of fish fins, saying they wanted to be friends with you. I gave them your WeChat number; make sure to keep those big spenders with us."
Li Yang frowned, but agreed anyway.
After all, that was 8 million.
He added a new WeChat contact nad Cyan Dragon, who imdiately called him "brother" and thanked him for today’s gifts.
Afterwards, Cyan Dragon added him to a WeChat group.
The group had about ten people.
As soon as he joined, the group chat beca lively, with everyone reaching out to him, and red envelopes started pouring in non-stop.
Li Yang’s hand got sore from opening red envelopes, and just then, He Lewei and Chen Weixing returned. He handed the phone over to Chen Weixing to help him continue tapping on the envelopes.
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