A new CS:GO league called 99Damage Masters has been announced, featuring $10,000 in cash prizes.

99Damage is looking to build upon its highly-successful two-day Arena cups with the creation of a bigger tournament, featuring eight European teams and a prize pool of $10,000.

The 99Damage Masters will kick off with two groups of four teams, who will face off in a GSL-style group stage. The group winners will advance to the Upper Bracket, while the runners-up will be placed in the Lower Bracket. Both brackets will use a best-of-three system.

The tournament will run from February 3-10, with the winner walking away with a $5,000 cheque. Below you can find the names of the teams that have so far been announced by 99Damage:

Epsilon Epsilon mousesports mousesports FlipSid3 Tactics FlipSid3 Tactics Deponeret (ex-CPH Wolves)

Deponeret (ex-CPH Wolves)

The tournament schedule is the following:

Group A - February 3-4

Group B - February 5-6

Playoffs - February 9-10

The $10,000 will be distributed among the top four finishers as follows: