What are the most effective ways to review and approve an esports contract?

1 Know your value

One of the first steps to review and approve an esports contract is to know your value as a player and as a brand. Your value depends on factors such as your skills, achievements, popularity, fan base, and market demand. You should research the average salaries and benefits of players in your game, region, and level, and compare them with the offer you receive. You should also consider your potential growth and opportunities in the future, and how the contract may affect them.

2 Understand the contract

Another important step to review and approve an esports contract is to understand the contract itself. You should read the contract carefully and thoroughly, and make sure you comprehend every word, sentence, and paragraph. You should also ask questions and seek clarifications from the other party or a third-party expert if you encounter any doubts, ambiguities, or inconsistencies. You should pay attention to the key aspects of the contract, such as the duration, termination, renewal, exclusivity, compensation, obligations, rights, and dispute resolution.

3 Negotiate the terms

A third step to review and approve an esports contract is to negotiate the terms that you are not satisfied with or that you think can be improved. You should not accept a contract that does not meet your expectations, needs, or goals, or that puts you at a disadvantage or risk. You should communicate your concerns and proposals to the other party, and try to reach a mutually beneficial agreement. You should also be prepared to walk away from a contract that is unfair, unreasonable, or unethical.

4 Consult a lawyer

A fourth step to review and approve an esports contract is to consult a lawyer who specializes in esports or entertainment law. A lawyer can help you review the contract from a legal perspective, and advise you on the implications, risks, and opportunities of the contract. A lawyer can also help you draft, revise, or amend the contract to protect your interests and rights, and to comply with the relevant laws and regulations. A lawyer can also represent you in case of any disputes or conflicts arising from the contract.

5 Seek feedback

A fifth step to review and approve an esports contract is to seek feedback from other sources, such as your teammates, coaches, managers, sponsors, or mentors. These sources can provide you with valuable insights, opinions, and experiences that can help you evaluate the contract and make an informed decision. They can also support you and advocate for you in the negotiation and approval process. However, you should also be careful about who you share your contract with, and avoid disclosing any confidential or sensitive information.

6 Confirm the details

A final step to review and approve an esports contract is to confirm the details of the contract before signing it. You should make sure that the contract reflects the agreed terms and conditions, and that there are no errors, omissions, or discrepancies. You should also make sure that you have all the necessary documents, signatures, and witnesses to validate the contract. You should also keep a copy of the contract for your records, and review it periodically to ensure that you and the other party fulfill your obligations and respect your rights.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?