Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comAuthor: Scarinci Hollenbeck, LLC|June 16, 2017
Professional athletes negotiate deals and play under contracts which compensate them for their services. Not only does this ensure that athletes are getting paid, it protects the team and/or professional league in the event the athlete breaches the contract. While not exactly relevant to the typical athlete, such protections can be quite strange, such as Dez Bryant’s (of the Dallas Cowboys) no alcohol, no strip club policy.
Esports, or competitive video gaming broadcasted online, is becoming a popular industry, and it’s not stopping anytime soon. According to CNN, eSports is expected to reach global revenue of $1 billion by 2019. That means that professional and semi-professional players need to be proactive about protecting their profits and signing contractual agreements.
Esports player and team contracts essentially have the same purpose: they’re providing players and team organizations security and outlining the general duties that are expected from both parties. According to the British Esports Association, some of the critical factors outlined in a contract include:
Though the items listed above are essential, The Esports Observer recommended adding the following talking points to a contractual discussion:
Grasping general guidelines and understanding compensation is important, but esports players should be aware of the restrictions and limitations within their contracts as well. Some of the points that need to be considered include:
For example, Riot Games, an esports tournament organizer, does not stand behind a non-compete rule.
“Restricting players from joining another team once their contract expires is simply unfair and risks the player missing out on key months (or even years) of their career,” Riot said in a statement. Diving into these crucial talking points can help players decide how they’ll establish themselves throughout their careers.
Esports players who are new to the industry should understand the importance of protecting their earnings after providing their services. Up-and-coming eSports players should consider the following advice from The Esports Observer when signing their first contractual agreement:
It is recommended, especially now that eSports is a booming industry – that all players and organizations develop written contractual agreements, and that all players have a thorough understanding of what they’re agreeing to.
If you’re an eSports player who’s unsure of a contractual agreement, or if you’d just like to learn more about the facts and figures of eSports, reach out to one of the attorneys a Scarinci Hollenbeck. Our professionals can provide information on legal counseling, protection, contracts and more. Therefore, if you have any questions or if you would like to discuss the matter further, please contact us at 201-806-3364.
The Firm
201-896-4100 info@sh-law.comProfessional athletes negotiate deals and play under contracts which compensate them for their services. Not only does this ensure that athletes are getting paid, it protects the team and/or professional league in the event the athlete breaches the contract. While not exactly relevant to the typical athlete, such protections can be quite strange, such as Dez Bryant’s (of the Dallas Cowboys) no alcohol, no strip club policy.
Esports, or competitive video gaming broadcasted online, is becoming a popular industry, and it’s not stopping anytime soon. According to CNN, eSports is expected to reach global revenue of $1 billion by 2019. That means that professional and semi-professional players need to be proactive about protecting their profits and signing contractual agreements.
Esports player and team contracts essentially have the same purpose: they’re providing players and team organizations security and outlining the general duties that are expected from both parties. According to the British Esports Association, some of the critical factors outlined in a contract include:
Though the items listed above are essential, The Esports Observer recommended adding the following talking points to a contractual discussion:
Grasping general guidelines and understanding compensation is important, but esports players should be aware of the restrictions and limitations within their contracts as well. Some of the points that need to be considered include:
For example, Riot Games, an esports tournament organizer, does not stand behind a non-compete rule.
“Restricting players from joining another team once their contract expires is simply unfair and risks the player missing out on key months (or even years) of their career,” Riot said in a statement. Diving into these crucial talking points can help players decide how they’ll establish themselves throughout their careers.
Esports players who are new to the industry should understand the importance of protecting their earnings after providing their services. Up-and-coming eSports players should consider the following advice from The Esports Observer when signing their first contractual agreement:
It is recommended, especially now that eSports is a booming industry – that all players and organizations develop written contractual agreements, and that all players have a thorough understanding of what they’re agreeing to.
If you’re an eSports player who’s unsure of a contractual agreement, or if you’d just like to learn more about the facts and figures of eSports, reach out to one of the attorneys a Scarinci Hollenbeck. Our professionals can provide information on legal counseling, protection, contracts and more. Therefore, if you have any questions or if you would like to discuss the matter further, please contact us at 201-806-3364.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Let`s get in touch!
Sign up to get the latest from theScarinci Hollenbeck, LLC attorneys!