Fans had been harping on it for years. If Valve was so flushed with cash from Steam, Dota 2 and events like The International, and people were happy to spend oodles of money on skins, cases and stickers in Counter-Strike: Global Offensive, why were the Valve-sponsored CSGO tournaments only capped at US$250,000?
Well, they're not any more. As of today, they're much, much bigger.
In a post on the official Counter-Strike blog, the prize pool for every CSGO major tournament (Valve-sponsored events, in other words) will be US$1 million, a four-fold increase on the previous US$250,000.
That money also doesn't include what teams and players can earn from sticker and skin sales over the course of the events, which often turn out to be much more lucrative than their winnings.
"CSGO tournaments are now among the largest esports events in the world, drawing global audiences of millions of viewers," Valve wrote, "filling massive venues, and garnering higher prize pools. Professional CS:GO has grown, and the CS:GO Major Championships are about to grow with it."
The first CSGO major to feature a million dollar prize pool will be MLG Columbus at the end of March. 8 teams have been invited to the 16 team event so far, with Australian teams getting an opportunity to attend via qualifiers.