HEROIC Leaves Louvre Agreement

HEROIC Leaves Louvre Agreement

Business

01 March 2024 10:00

ESL FACEIT Group announced that HEROIC left the Louvre Agreement. ESL stated "The Commissioner of the ESL Pro League announces today that Heroic is leaving the Louvre Agreement, effective immediately, in exchange for being released from any future membership payments or instalments, as well as rights to revenue share. However, they will still participate in and retain their pre-existing partner slots for IEM Chengdu 2024 and Seasons 19 & 20 of ESL Pro League."

The Louvre Agreement was enacted in 2020. Originally signed by 13 teams, this agreement conferred upon them the status of majority stakeholders in the ESL Pro League. Signatories had perks such as included revenue sharing arrangements and guaranteed slots for participation in tournaments, among other perks.

Tags: HEROIC ESL

Share:

Sources:

Report mistake Submit news

Related news

View All

ESL Challenger League Europe Winners Crowned

Parivision, won the European ESL Challenger League for Season 50. This victory comes just before the team heads to the...

More

Nov 21, 2025

ESL Partners with GRID

ESL FACEIT Group (EFG), the global esports powerhouse, has unveiled a landmark multi-year agreement with leading data infrastructure provider GRID....

Business

Jul 30, 2025

ESL Katowice to Return

ESL has officially announced that Counter-Strike will once again take center stage at the iconic Spodek Arena in Katowice in...

More

Jul 08, 2025

Intel Extreme Masters Dallas 2025 Concluded

Team Vitality has reaffirmed its position as a powerhouse in the Counter-Strike 2 (CS2) competitive scene with a commanding...

More

May 26, 2025

ESL Pro Tour of Starcraft 2 Canceled

ESL FACEIT Group Gaming has officially announced the end of its support for StarCraft 2 esports, bringing a close to...

Business

Apr 08, 2025

HEROIC Leaves Louvre Agreement

Business

01 March 2024 10:00

Tags: HEROIC ESL

ESL FACEIT Group announced that HEROIC left the Louvre Agreement. ESL stated "The Commissioner of the ESL Pro League announces today that Heroic is leaving the Louvre Agreement, effective immediately, in exchange for being released from any future membership payments or instalments, as well as rights to revenue share. However, they will still participate in and retain their pre-existing partner slots for IEM Chengdu 2024 and Seasons 19 & 20 of ESL Pro League."

The Louvre Agreement was enacted in 2020. Originally signed by 13 teams, this agreement conferred upon them the status of majority stakeholders in the ESL Pro League. Signatories had perks such as included revenue sharing arrangements and guaranteed slots for participation in tournaments, among other perks.

Share:

Sources:

Report mistake Submit news

Related news

View All

ESL Challenger League Europe Winners Crowned

Parivision, won the European ESL Challenger League for Season 50. This victory comes just before the team heads to the...

More

Nov 21, 2025

ESL Partners with GRID

ESL FACEIT Group (EFG), the global esports powerhouse, has unveiled a landmark multi-year agreement with leading data infrastructure provider GRID....

Business

Jul 30, 2025

ESL Katowice to Return

ESL has officially announced that Counter-Strike will once again take center stage at the iconic Spodek Arena in Katowice in...

More

Jul 08, 2025

Intel Extreme Masters Dallas 2025 Concluded

Team Vitality has reaffirmed its position as a powerhouse in the Counter-Strike 2 (CS2) competitive scene with a commanding...

More

May 26, 2025

ESL Pro Tour of Starcraft 2 Canceled

ESL FACEIT Group Gaming has officially announced the end of its support for StarCraft 2 esports, bringing a close to...

Business

Apr 08, 2025