Louvre Agreement deal extended to 2025
The deals of all 14 of the current ESL Pro League member teams have been extended for the next four years.
The ESL Pro League Commissioner's office has announced that the deal called the 'Louvre Agreement,' which offers revenue share and permanent spots in the league as well as other ESL Pro Tour competitions to its members, has been extended at least until the end of 2025.
The news comes three months after two new organizations entered the agreement, FURIA and BIG, to expand the list to 14 names. Heroic are also set to become one of the partner teams in the latter half of 2022, though the Norway-based organization was not mentioned as part of the deal extension.
In announcing the extension, the Commissioner's office and the partners have vowed to work together to grow and support the North American ecosystem, which has taken a hit in the last few years, in part due to the pandemic and the arrival of VALORANT.
"This extension was agreed on unanimously, which reiterates the partner's joint dedication to our goals of a peerless competition for fans, a stable environment for teams and players, and an attractive destination for investment," ESL Pro League Commissioner Alexander Inglot said in a statement. "There is so much we can achieve now that we are working on a time scale of 2025 and beyond."
"Extending the Louvre Agreement is such a momentous occasion for competitive CS:GO," Liquid founder and co-CEO Victor Goosens added. "Not only does it symbolise a commitment by the partner teams to grow the competitive CS:GO space, it’s also a force-for-good in the joint efforts to strengthen the North American CS:GO ecosystem. It’s a display of what we can build together."