DarkNecridThe whole point of having paid sign ups is to defray the amount of money you have to personally spend, so while all $2,000 of the first season's prize pool was his money he is using the sign-ups from the first season to off-set the amount put in this season, whose sign-ups will further off-set the amount invested in Season 3, etc. Eventually (if it is successful enough) he shouldn't have to spend much to do a season.
He can't be pulling in more than $100 and money doesn't work that way lol
DarkNecridSee also: ESEA, who lose money on this game but keep hosting seasons of it anyways.
e: Okay well I haven't done the math since ESEA dropped LAN to be fair, but like basically every season since Season 5 when they implemented LAN until at least when they dropped LAN was operated at a loss because LPKane liked TF2.
Yes ESEA the organization that used your computer to mine bitcoins keeps hosting tf2 at a loss because they are such altruists