BIG, Furia, Heroic enter $20M partnership with ESL

Counter-Strike: Global Offensive powerhouses Furia, Heroic and BIG have entered into a $20 million partnership with ESL Pro League’s Louvre Agreement.

The three organizations join the 12 existing partner teams to bolster the sustainability of ESL.

“These teams and their investors have recognized the value of what we are building with the ESL Pro League project,” ESL commissioner Alex Inglot said in a statement Wednesday to announce the pact.

“The fact that they have put down such significant bids (with financial and non-financial components to each) shows they see real stable governance and growing value, that puts us on a par with other top-tier investment opportunities in esports or sports. We are in no doubt that each of these three teams will meaningfully contribute to our momentum, in the spirit of collaboration, global growth and strategic creativity.”

Furia and BIG will join ESL and the 12 existing teams immediately. Heroic will join in the second half of 2022 as they continue to sort through the ESIC investigation into former coach Nicolai “HUNDEN” Petersen over his code of conduct breach.

The 12 existing teams are: Astralis, Complexity, ENCE, Evil Geniuses, FaZe Clan, Fnatic, G2 Esports, Mousesports, Natus Vincere, Ninjas in Pyjamas, Team Liquid and Team Vitality.

All the teams become majority stakeholders, sharing revenues and profits from ESL’s Pro Tour competitions while also having a say in the setup of the Pro League.

--Field Level Media