CS:GO’s new team-owned league points to a different future for esports

Some of the biggest names in competitive gaming are teaming up to form a new kind of league. Today saw the announcement of Flashpoint, a new professional Counter-Strike: Global Offensive league that differs from almost every other esports venture in one key way: it’s owned and run by the teams. Big-name organizations like Cloud9, Gen.G, Dignitas, Overactive Media, and more have all paid $2 million franchise fees in a big bet to build a more sustainable esports league. “Everyone benefits, and I think that is going to be the way of the future,” says Gen.G co-founder Kent Wakeford.

The league, which kicks off open qualifiers starting tomorrow, says that it will “provide the highest revenue share potential to teams of any major esport…

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