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Didn't see a topic for it yet.
Good news for all the progamers out there still waiting on their prizemoney.
ESL has been working hard to pay out all overdue prize money for over the last 18 months. Currently they are working on the last backlogged payments. They expect to have made all remaining payments by the end of february.
This news was expected to be released in a statement when all payments were done, but apparently the news got out faster due to some complaints on reddit. This was merely a coincidence according to Carmac.
Paul “ReDeYe” Chaloner, Head of Content & Media ESL in response to a post on reddit.
I want to take this opportunity to apologise to the original poster and to those of you who have had or have issues with prize money not being paid out quickly enough.
Since I joined ESL just over a month ago, we have been working internally on ensuring all of the prize money owed is paid and alongside this ensuring a more robust system is put in place to ensure it doesn’t happen again in the future.
If people still haven't received their entitled prizemoney they can use the following link to make a ticket: http://www.esl.eu/eu/prizemoney
ESFI Article
http://www.esfiworld.com/esl-to-pay-off-overdue-prize-money-by-the-end-of-february/
ESL statement
+ Show Spoiler +Over the last 12 years the ESL has paid out over $12,000,000 in prize money. Historically, there have been issues with some prize money being paid late. We have worked hard to eradicate these issues over the last 18 months and are now working on the final, remaining backlog of overdue prizes. We can announce today that this process will be completed by the end of February and there will be no overdue prize money at that point. If you or your team have not been paid prize money by then, please use our ticketing system available here: http://www.esl.eu/eu/prizemoneyWe apologise for any inconvenience you may have gone through during this period. We are taking this topic extremely seriously and to address any further concerns our CEO Ralf Reichert will conduct a Reddit AMA about this topic early next week.
Link to source: http://www.esl.eu/eu/news/214853/
Standard time for punctual payments for ESL now will be 90 days max.
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Just a quick question: how many esports organizations actually owe money, and how much?
This issue, more than fanbases, more than boring game quality, more than bad casters, is probably the #1 thing holding back esports from hitting mainstream. Sports is a business. You can run a business saying "we'll just pay our bills whenever we like", but it won't be respectable
EDIT: I didn't write this to mean that any delay in paying people is not acceptable--I wrote this to mean that it's okay to delay if you tell them in advance you will delay payment 30, 60, or 90 days, but it's not okay if you say you'll pay up front but then delay 30, 60, or 90 days. It's a credibility issue, not a timeliness issue
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well said Shady, I would also be interested in this.
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Hell, it's about god damn time
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Yay! I can finally get my 1,000,000 for wining that tourny! finally!
just kidding of course, but glad that they are taking charge!
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Pretty good for the european scene that they finally catch up on this
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Mark cuban should try and start some events, motherfucker makes money doing anything
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On February 14 2013 02:38 Shady Sands wrote:
Just a quick question: how many esports organizations actually owe money, and how much?
Every single one. Some owe it to players, some to other parties.
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On February 14 2013 03:07 Hodgyy wrote:
Mark cuban should try and start some events, motherfucker makes money doing anything
Who says he isn't dumping money to MLG?
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On February 14 2013 03:08 Jarree wrote:Show nested quote +On February 14 2013 02:38 Shady Sands wrote:
Just a quick question: how many esports organizations actually owe money, and how much?
Every single one. Some owe it to players, some to other parties.
Why isn't Totalbiscuit or FXOBoss looking into this?
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opterown
Australia54784 Posts
On February 14 2013 03:29 Shady Sands wrote:Show nested quote +On February 14 2013 03:08 Jarree wrote:On February 14 2013 02:38 Shady Sands wrote:
Just a quick question: how many esports organizations actually owe money, and how much?
Every single one. Some owe it to players, some to other parties. Why isn't Totalbiscuit or FXOBoss looking into this?
do we really need to make such a huugee pitchfork fuss? i'm happy for ESL that they're doing this
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Cool for the players and ESL! 
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In the real world there are often significant amounts owed to people in major businesses.
While all organisations will owe people money, it's more about how long it's delayed for.
ESL was on the extreme end, but you can't expect instant payments all the time.
There may also be tax related issues etc that people might not consider, as well as competitions not being paid the money they are owed from sponsors.
While e-sports and the internet may be instant, the real world of business isn't.
Pitchfork 12 month delays, probably 6 month delays with no communication, but the 3 months ESL is now aiming for isn't unreasonable, given that organisations will probably need to wait to receive sponsor money, then pay people in order of priority (like venues so they can go back to them) and players when able.
They will also need to ensure they have enough money for deposits or flights etc for some events, so even if they have cash available, they can't always use all of it for whatever they want.
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United Kingdom14103 Posts
Excellent news, I'm glad ESL were able to sort out the issues.
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On February 14 2013 03:29 Shady Sands wrote:Show nested quote +On February 14 2013 03:08 Jarree wrote:On February 14 2013 02:38 Shady Sands wrote:
Just a quick question: how many esports organizations actually owe money, and how much?
Every single one. Some owe it to players, some to other parties. Why isn't Totalbiscuit or FXOBoss looking into this?
There's a difference, some entities just flat out don't pay what they promised, which isn't rare in esports, sadly, and other just pay late (ESL)
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Well at least this is happening now, and it seems like ESL is doing the right thing about setting themselves a three month pay date. I'm pleased.
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On February 14 2013 03:29 Shady Sands wrote:Show nested quote +On February 14 2013 03:08 Jarree wrote:On February 14 2013 02:38 Shady Sands wrote:
Just a quick question: how many esports organizations actually owe money, and how much?
Every single one. Some owe it to players, some to other parties. Why isn't Totalbiscuit or FXOBoss looking into this?
Because the only proof of this is what random forumgoer X says
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On February 14 2013 05:47 Lonyo wrote:
In the real world there are often significant amounts owed to people in major businesses.
While all organisations will owe people money, it's more about how long it's delayed for.
ESL was on the extreme end, but you can't expect instant payments all the time.
There may also be tax related issues etc that people might not consider, as well as competitions not being paid the money they are owed from sponsors.
While e-sports and the internet may be instant, the real world of business isn't.
Pitchfork 12 month delays, probably 6 month delays with no communication, but the 3 months ESL is now aiming for isn't unreasonable, given that organisations will probably need to wait to receive sponsor money, then pay people in order of priority (like venues so they can go back to them) and players when able.
They will also need to ensure they have enough money for deposits or flights etc for some events, so even if they have cash available, they can't always use all of it for whatever they want.
tournament organizers should not be entitled to say "i didnt get paid by the sponsors," and thus, im not paying you or im delaying payment. that is unacceptable.
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People are complaining about e-sports businesses owing massive sums of cash as if it's unusual when... pretty much every government, sporting organization and many major corporations on the planet do the exact same thing?
The world runs and sits on borrowed and owed money. That's part of the reason why we have massive economic issues every few years. Someone can't pay back someone who needed the money to pay back someone who needed the money to pay back someone who needed the money to pay back someone, and thus everything comes to a grinding halt. E-sports isn't "illegitimate" or any other BS over this, without claiming that everything else that does this is.
I totally agree that it's bad, but comments like "oh this is why e-sports isn't big" is just... ugh.
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Over the last 12 years the ESL has paid out over $12,000,000 in prize money
there is no way they could have given out 12 million dollars?
a million a year is pretty steep
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EPT
