Just days after the news broke that Turner “Tfue” Tenney was suing FaZe Clan, information continues to pour in. The contract, referred to as a “Gamer Agreement,” was leaked online via The Blast.
"This contract that I signed when I didn’t know any better [sic]I’m an idiot. I should’ve never signed it in the first place” Tfue said in his video response to the situation.
The agreement itself featured several sections that raised the collective eyebrow of the internet. One of the most notable oddities in the contract was an auto-renewal clause that saw the contract be “automatically extended for an additional thirty-six (36) months” following the initial six-month tenure.
The Financials
The financials of the contract, which have largely taken center stage during this entire ordeal, were confirmed to be largely along the lines of what we have been hearing. The exact breakdown of how revenue generated were as follows:
- Tfue would be paid $2,000 USD per month
- All income generated by Tfue in tournaments or matches would see him receive 80% with FaZe receiving 20%
- All in-game merchandise would be split 50/50
- Brand deals featuring Tfue that were brought to FaZe through Tfue would be split 50/50
- Brand deals featuring Tfue that were brought to him through FaZe would be split 80% to FaZe and 20% to Tfue.
- Team merchandise with Tfue’s brand or likeness unrelated to FaZe merchandise and apparel would be split 80% to FaZe and 20% to Tfue
- “[A]ppearances, touring, sign-up bonuses and similar activated and source” would be 50/50.
Contract Termination
The contract contains several options for termination, most of which apply to FaZe themselves. FaZe could terminate the contract if Tfue became unable to play “as the result of any physical, mental or other impairment.” FaZe could also terminate the contract at any time, as long as they supplied Tfue with written notice of 30 days. The third clause was the “termination for Moral Breach” which would allow FaZe to terminate the contract if Tfue engaged in “an offense involving moral turpitude under federal, state or local laws” as well as if Tfue brought the company parties “into public disrepute, contempt, scandal or ridicule…”
The sole termination in the contract that could be enacted by Tfue was the “termination for Material Breach.” This was could be enacted if FaZe breached the contract and failed to rectify the situation within 30 days.
Tfue Speaks Out
Shortly before the contract was leaked, Tfue posted a video to his YouTube channel to quickly explain his response to the situation.
“I never wanted to upset anybody. I never wanted to bring that stuff in. I didn’t want anybody to get emotional because this isn’t about that. This is about me and this contract. This contract that I signed when I didn’t know any better [sic]I’m an idiot. I should’ve never signed it in the first place.”
Banks’ Response
FaZe owner Ricky Banks – known publically as “banks” – has been posting his responses to the current happenings on Twitter. Banks claims that Tfue’s statement above was “scripted, manipulative, legal tactics.” Banks biggest proclamation came when he admitted that the initial contract was awful.
https://twitter.com/Banks/status/1131595670853259265
https://twitter.com/Banks/status/1131598951809859585
While everyone awaits the inevitable legal battle between TFue and FaZe Clan, the court of public opinion rages on. Both sides have been publicly vocal throughout the process and seemingly understand that the opinion of the audience holds significant sway with the situation moving forward.
As the contract situation between Tfue and FaZe Clan continues to develop, keep your eyes peeled to Hotspawn for up-to-the-minute updates.
