Professional eSports Association is Established
The formation of the Professional eSports Association (also known as the PEA) was announced.
Press release announcing the formation of the Professional eSports Association:https://t.co/NTyz7iqktU— PEA Official (@PEAOfficial) September 8, 2016
The PEA states that it “aims to be the NBA of eSports” and is an owner-operated league. The association has been organized by seven North American teams:
- compLexity Gaming
- Counter Logic Gaming
- NRG Esports
- Team Liquid
- Team SoloMid
Its operation will begin with Counter Strike: Global Offensive in January of 2017. In Season 1, there will be matches that take place twice a week, which will be streamed live. The prize pool for the first season will be $500,000 and the association aims to have $1,000,000 total up for grabs throughout the year (including the Season 1 prize pool).
“The PEA represents something new in eSports -an association of top teams running their own league and sharing the profits and the decision-making with the players,” said PEA commissioner Jason Katz in the PEA press release. “This will allow us to finally build a stable, healthy, long-term environment for the players, the community, the media and the sponsors.”
Also in the press release, Katz credits the establishment of PEA to be an imitation of traditional sports leagues. The association also plans to issue new benefits in the world of esports.
Players and owners receive 50% of the profits and casters earn the same amount as players. Furthermore, the association will issue health benefits such as retirement and investment plans, as well as health insurance.
The association will establish a Grievance Committee to allow players to voice concerns, which will then allow changes to happen based on player feedback.
The PEA aims to make esports more stable, while incentivizing players and teams to continue playing at a high level. Essentially, the PEA aims to mimic traditional sport league in order to give esports a better future.
What are your thoughts on the PEA? Do you tink it will succeed? Let us know in the comments below or tweet us @GAMURScom.