you are paying for bugger all.. the player is paying for entry to the satellite, and has to win the package.
the fact that you think you can use the players’ likeness and name for your ends is totally retarded and -ev for the player. Why the hell should they let u do this?
What happens if they win EPT and get offered a multi million sponsorship deal? Oh that’s right, they wont be able to get one cos your site will practically own them.
fwiw forcing them to wear your branding in the live event is as far as you should go imo.
moral of the story: Read the small print and don’t sell your soul to the man.