I mean lets be honest lol... Look at us... CoD, GTA V, Halo, Fortnite etc... CSGO is an amazing game but, it's more then modes, and new utility at this point. We want updates all the time, new content, battle passes, etc and when talking esports we want these franchise leagues, and shit. Honestly, I'm not sure what Valve can do outside of CSGO2 or a new shooter... But, they could create incentives for orgs & TOs to help rebuild the esport scene. If that makes sense.
The fact we still have a playerbase says a lot about how great CSGO is tbh.