Microsoft has announced that it will be introducing a tiered reward system for Xbox Live Gold members.

Based on your Gamerscore, Microsoft will awarding players perks broken down into three tiers. The tiers are as follows:

  • Contender: 3,000-9,000G
  • Champion: 10,000-24,999G
  • Legend: 25,000+G

Each tier will grant a special gift during your birthday month, Champions and Legends will also receive special rebates based on their Gamerscores. This is all part of Microsoft's Xbox Live Rewards programs. What do you guys think? Are you Legends? Let us know on Twitter.