Louvre Agreement Esl

Sebastian Weishaar, ESL`s Product Director, spoke about the “stability and growth” that will come from the agreement`s founding teams as a by-product of the investment. Indeed, the agreement will strive to bring deep-seated stability to the participating teams, not only by providing them with long-term slots in their new Pro League with 24 teams, but also by distributing shares in the turnover and profits of ESL`s Pro Tour events – previously disclosed at 21.25% of gross sales and 60% of first-year profits , although this has yet to be officially confirmed. The agreement, formerly known as the “LANXESS Agreement,” includes the ESL Pro League as a full-fledged project and the ESL Pro Tour as a whole, in which the 13 member teams will have different privileges for an unannounced period. With the weight of this agreement, Esports Insider decided to talk with Ulrich Schulze, senior vice president of product at ESL, to learn more about the agreement and its structure. An innovative new agreement between the leading teams CS:GO, ESL and DreamHack will govern the implementation of the Pro League and the share of revenue and profits from the esL Pro Tour competitions. Teams that represent the highest level of the professional CS:GO also become majority players in the league with a place of long-term participation. Through the partnership with the leading CS:GO teams, the new agreement establishes the ESL Pro Tour as one of the most valuable features in the global esports business. Esports Insider inquired about the supposed indicators and specific benchmarks that were cooked as part of the agreement, as indicated by DBLTAP, but received no comment. ESL has announced an exclusive contract with 13 CS:GO teams, called “Louvre Accord” and offering long-term slots in their Global Pro League. The new agreement – informally called “The Louvre Agreement” – was signed by Astralis, Complexity, Evil Geniuses, ENCE, FaZe Clan, Fnatic, G2 Esports, Mousesports, Natus Vincere, Ninjas in Pyjamas, Team Liquid, Team Vitality, 100 Thieves and ESL after a meeting in Paris in January 2020. Between them, the signatories of the agreement have won 28 ESL and DreamHack Masters level competitions and two IntelĀ® Grand Slams over the past four years and represent all 10 of the world`s top 10 teams.

The agreement also provides that the league will have a “design selection process” for partner teams wishing to participate in ESL circuit sessions.