Halo World Championship’s $2.5M prize pool is the largest in esports shooter history

Halo’s greatest players are fighting for more than just bragging rights.

Microsoft announced today that 16 teams from across the globe have earned a spot in the Halo World Championship, which features players competing in Halo 5: Guardians. The event has a prize pool of $2.5 million. The tournament will take place from March 18 to March 20 in Hollywood (although Microsoft has yet to announce an exact venue). According to Esports Earnings tracking site, this will be the seventh largest prize pool in esports history and the highest ever for a first-person shooter. While most of the popular esports games have a home on PC, Halo is perhaps the best example of a console hit having success in the esports maket, which will hit $463 million this year and $1.1 billion by 2019, according to Newzoo. That’s not surprising when you consider the franchise’s steady popularity throughout the 21st century. Halo 5 earned $400 million in its first week of sales alone.