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Tfue's contract with Faze has been leaked! The contract reveals many details needed to build a valid case against the FaZe clan.
It appears that the Tfue contract has become public information as of Thursday, May 23rd. A publication called "The Blast" published the contract in its entirety.
The contract does not completely curse FaZe Clan, but it potentially confirms some of Tfue's accusations. Let's take a closer look.
Tfue FaZe contract disclosed
Tfue's official contract was revealed via "The Blast". The contract appears to be legitimate and, according to @KEEMSTAR, the contract has been confirmed as 100% real by "The Blast".
Although the contract does not directly indicate that FaZe Clan would take the huge amounts claimed by Tfue, he leaves the question open. This means that FaZe Banks could tell the truth by saying that they have never taken more than $ 60,000 of Tfue.
That said, because of the wording of the contract, it is likely that FaZe could have done so. This means that Tfue and potentially other members would always have a specter of doubt floating over them while they were earning money.
Confidentiality agreement
The contract contains a strict confidentiality agreement that limits what Tfue may or may not say about its contract and other FaZe activities. These sections are common in contracts to prevent information leakage.
It is not unknown whether these terms were violated or not as a result of all this debacle.
"The Gamer and / or Gamer representatives shall not issue any press release or make any other statements about Gamer's services, the team, the company, its affiliates, agents and / or employees, or any other party involved in services (for example, sponsors). media (including, without limitation, any online or print communication) without the prior written consent of the Company."
Exclusive rights for the FaZe clan
The contract also includes a section dedicated to FaZe Clan's exclusive rights to future Tfue operations under this contract. FaZe could match any offer made by other organizations to keep Tfue.
While Tfue and his legal team argue that it's unfair, this type of contract is common in sports contracts.
"Gamer receives an offer from another "Fortnite" team to join this team upon the legal termination of the contract by Gamer ("Offer"). Gamer is required to provide the offer to the company and the identity of the party that offers it, and will have the right to match that offer for a period of fifteen (15) business days from the actual receipt of the offer by the Company (the "counterparty fee"). If the company chooses to exercise the right of twinning, it will inform Gamer within this period of fifteen (15) working days and it will automatically enjoy the exclusive rights to Gamer's services under the same conditions as the offer, supplemented by all the terms and conditions. conditions of the agreement.
Money and Payments – Compensation
The main problem of the Tfue lawsuit relates to the amount of money that FaZe could potentially receive from Tfue and other members.
According to the agreement, the payment system is a little complex, but does not correspond to what both sides have said.
For the prize money, Tfue gets 80% of all the gains and FaZe takes 20%. This ties in with some of FaZe Banks' claims.
However, some of the other values are in favor of Tfue's argument. FaZe Clan takes 80% of all the "brand offers" obtained by FaZe Clan. The offers obtained by Tfue are divided into 50/50.
Here is the complete breakdown of the payment values according to the contract:
- Price – Tfue: 80% – Clan Faze: 20%
- Appearances at events – Tfue 50% – Clan Faze: 50%
- Branded offers made by a player – Tfue 50% – Faze – 50%
- 'Stickers' in the game – Tfue: 50% – Faze: 50%
- Brand agreement provided by Faze – Tfue 20% – Faze – 80%
The wording does not officially say anything about the creator codes in the game, but it leaves the 'stickers in the game' as a possible way to withdraw that money from Tfue.
"Branded offers" are an important part of Twitch's streamer revenue. For the deals that FaZe got for Tfue, they had a huge 80% Cut. For those obtained by Tfue himself, Tfue does not have to keep 50% gains.
The contract gives Clan FaZe a lot of leeway to withdraw large sums of money from Tfue. Although it may be legal, some of these values seem biased in favor of the FaZe clan. We will have to wait and see more details coming out.
Keep in mind that this contract has not yet been confirmed by FaZe Clan.
Here is a link to the full contract for those who want to read it all: Tfue FaZe Clan Contract.
We will keep you informed of all developments. Be sure to check for updates regularly.
Original story – The explosion: the Faf contract of Tfue unveiled
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