Seven teams handed ultimatum by Valve over ownership conflict
In an email obtained by HLTV.org, Valve explained that, after reviewing the declarations of interest provided by the teams for the first Regional Major Ranking (RMR) tournament, it found three instances of conflicts of interest that represent "a threat to the integrity of the Majors."
The biggest entanglement has Yeah at the center of it. The Brazilian team is owned by four people with ties to three different organisations: Epitacio "TACO" de Melo and Ricardo "dead" Sinigaglia (MIBR), Marcelo "coldzera" David (FaZe) and Wilton "zews" Prado (Evil Geniuses). The four co-owners allegedly don't make any decisions on behalf of the company, which has a financial agreement with the Immortals Gaming Club (IGC), MIBR's parent company. In exchange for a set annual fee, IGC has the option to buy out at most two players from Yeah in a calendar year at a set price.
Valve also identified as conflicts the fact that Christopher "GeT_RiGhT" Alesund is a player in Dignitas and owns a stake in NiP, and that Tomi "lurppis" Kovanen is part of the senior leadership of IGC and a minority shareholder of ENCE.
All teams have until the next Major, which is scheduled for November, to resolve these conflicts of interest if they intend to participate in the $2 million tournament, Valve noted. The company seems to be leaning towards enforcing a zero-tolerance policy in terms of ownership conflict from 2021 after taking a more lenient approach this year as it looked to reignite the discussion in the community about this sensitive topic.