Importance of Clear Contracts in Esports Sponsorships

TLDR

• They may be presented with standard contracts covering exclusivity, revenue shares, intellectual property and use of their image.
• A dispute involving game licences, tournament rights, cheating allegations, player contracts or digital content may be difficult to explain to a decision-maker unfamiliar with the industry.
• Esports companies often spend more time choosing logos than reviewing contracts.
• An esports organisation should have properly constituted ownership, founder agreements and contracts with key personnel.