[Source] According to Games in Asia, the total prize pool for League of Legends World Championship 2014 stands at 2.13 million USD, just 80,000 USD more compared to last year. Not only that, there are 2 more teams this time round competing for the prize money.
After Dota 2’s recent The International 4, where the prize pool was over 10 million USD, it does seem Riot Games is being too modest on the prize money given that League of Legends is still the biggest game in the world now and still growing. The full schedule is listed below.