FaZe Clan are dropping out of the newly formed World Esports Association less than a week after it was publicly announced, according to a report by IGN's Kevin Knocke.

According to Knocke, FaZe decided to leave "due to early demands of exclusivity by ESL" and may be paying up to $50,000 in penalties to leave. The exclusivity in question allegedly surrounds the use of talent agencies for player representation.

According to the report, "ESL was allegedly pressuring teams to exclusively partner with WESA, and FaZe wanted to retain their current representation."

WESA was announced on May 13 with the aim to "create an open and inclusive organisation to oversee standardized tournament regulations, player representation as well as revenue sharing for teams."

Annabelle "Abelle" Fischer is a writer for theScore esports with a love for Dota 2, birds and cheese. You can follow her on Twitter.