One Game Agency has announced that it will organise a CS:GO league with a prize fund of $50,000.

The first edition of the Counter Pit League, a new online championship sponsored by Vulcun, will see 12 of Europe's strongest sides duke it out for the bulk of the tournament's $50,000 prize purse.

Ten teams will be receive direct entry into the league, while the remaining two participants will be determined through an online qualifier featuring eight sides.

Counter Pit League's matches will be streamed on the tournament's official channel in English by Matthew "Sadokist" Trivett and RoomOnFire trio Auguste "Semmler" Massonnat, Anders Blume and Halvor "vENdetta" Gulestøl.

Below you can find the teams that have received invitations to take part in the Counter Pit League:

EnVyUs	Team SoloMid
Virtus.pro	dignitas
Null element Na`Vi	Titan
Null element HellRaisers	PENTA Sports
Ninjas in Pyjamas	FlipSid3 Tactics

The following eight teams will be facing off for the last two spots in the league:

Property	Gamers2
3DMAX	mousesports
x6tence	Team Orbit
LGB eSports	k1ck eSports Club

The qualifying stages are scheduled to start on May 1, while the main league will run from May 20 to July 31.