*By Carlo Versano* There are three legs on the esports stool, and each one is crucial to the sector's development and maturation, according to ESL CEO Ralf Reichert: athletes, fans, and partnerships. "It's most important that the athletes, after all, are happy," Reichert said in an interview with Cheddar from the Barclays Center in Brooklyn, where the ESL One tournament took place over the weekend. Then come the fans, who now view tournaments more as "mini-festivals." That is perhaps why organizers like ESL are pouring resources into the fan experience. There are "massively upgraded activations" around ESL One, Reichert said. Finally, there are corporate sponsorships, in combination with the media. Partnerships, such as Mastercard's ($MA) recent deal with League of Legends and ESL's streaming partnership with Facebook ($FB), are key to taking esports to the next level. This also includes deals with venues like the Barclays Center ー what Reichert called the "most beautiful" tournament setting ー which add a layer of professionalism. As esports mature and take on new cultural relevance, ESL is settling into a role as an elder of the industry. In business since 2000, ESL has been a pioneer in the field, though Reichert says there's still plenty of pioneering left to be done. "It's still an educational journey we're on," he said. "We don't have the answers yet, but we're going to continue to try." For full interview [click here](https://cheddar.com/videos/the-future-of-esports).

Share:
More In Business
Al Sharpton to lead pro-DEI march through Wall Street
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
Load More