Peace Elite League Season 3 has been announced with a massive $3 million prize pool. The month-long event will be played from September 25 to October 25.Becomes Highest Prize Money Esports Seasonal League in China
Peace Elite League (PEL) kickstarted its third season on September 25. With a combined prize pool of CN¥ 21 million (approx. $3.1 million), the Peace Elite League Season 3 is officially the biggest PUBG MOBILE tournament to be hosted, till date. The event is the flagship event in China for Game for Peace, the Chinese version of PUBG MOBILE.
The $3.1 million prize pool will be distributed over the course of the four weeks of the tournament.
The PEL Season 3 will feature ￥3M ($440K) prize pool money, and the winner will take home ￥1M ($146.5K). In addition, every top 12 esports organization will receive the rest of ￥2M ($293K).
The PEL Season 3 Grand Final will feature ￥5M ($730K) in prize money.
Every week, PEL will also offer a ￥1M ($146.5K) reward to the top eight influential esports organizations – ￥4M ($580K) in total.
The tournament is hosted by Tencent in conjunction with Chinese tournament organizer VSPN, and sponsored by Chinese smartphone brand OPPO.
Liao said that the PEL expected to connect teams’ revenue with their league performance, in order to accelerate the development of PEL in a sustainable way.