The Commissioner of Pro League, Alex Inglot, has announced today that the Louvre Agreement, the ground-breaking partnership between ESL Gaming, Astralis, and 13 other top teams in CS:GO, has been formally extended until at least the end of 2025.
This means that Astralis, BIG, Complexity, Evil Geniuses, ENCE, FaZe Clan, Fnatic, Furia, G2 Esports, Mousesports, Natus Vincere, Ninjas in Pyjamas, Team Liquid, Team Vitality, and leading tournament organiser ESL Gaming, will jointly govern and grow the ESL Pro League until at least 2025.
Astralis entered the Louvre agreement in 2020 as one of the founding members and the groundwork made then has since attracted other major esports organizations like BIG and FURIA.
What is the Louvre Agreement and what’s in the extension?
The 2020 Louvre Agreement is a groundbreaking deal between ESL Gaming and some of the biggest teams in esports. Via the agreement, the members steer the growth of the ESL Pro League. Together, they establish new structures to help stakeholder input and distribute of the leagues’ revenues in a way that supports team stability; all while exploring commercial opportunities together to further develop the future of the EPL. Today’s extension marks a point of confidence and ambition in the Louvre Agreement, and a commitment from all 15 members that this is a venture they want to invest in for the long haul. But it is not only an extension in years; it includes the opportunity for higher revenues for each of the Member Teams and a tangible commitment and redoubling of efforts in the North American scene. The extension also brings a vote of confidence for the recently launched CS:GO Hub, an integrated analysis and coaching tool, as well as a forum where the long-term viability of new joint ventures, such as a CSGO-focused NFT strategy, can be further discussed.
What does it mean for the ESL Pro League?
Alex Inglot, Commissioner of the ESL Pro League, said:
- Despite the global challenges and uncertainties of the last 24 months, I’m proud that together we have created something so dynamic for the CS:GO ecosystem. The Louvre Agreement is a manifestation of a joint desire to create a sustainable yet ambitious framework within CS:GO - one that can serve to positively impact and influence the rest of the eco system. This agreed extension reiterates our joint dedication to the goals of a peerless competition for fans, a stable environment for teams and players, and an attractive destination for investment. There is so much we can achieve now that we are working on a time scale of 2025 and beyond.
We are very excited to continue to build what we started and intensify our cooperation with the teams across our consumer-facing projects like our CS:GO platforms and other digital initiatives, Ralf Reichert, ESL Gaming Co-CEO
Ralf Reichert, ESL Gaming Co-CEO added:
- Extending the Louvre Agreement is an incredible milestone for our partner teams and ESL. We are very excited to continue to build what we started and intensify our cooperation with the teams across our consumer-facing projects like our CS:GO platforms and other digital initiatives. As partners the teams have brought the ESL Pro League to a whole new level, and having this agreement extended ensures a balanced governance and decision-making infrastructure for years to come.
Pro League S15 begins March 9, 2022.