ESports for PS4?

As you have probably already heard, PlayStation has gone online with their own eSports league. Information came up back in early October when a French website went live with information on prizes and a list of games detailing upcoming tournaments. Although with the prizes being listed in Euros, it looks to be a Europe-centered league.

Although the prize money is not listed in our currency, it looks like you are still able to sign up for the tournaments since they are online. (I would test it out for you, but I would rather not accidentally sign up for a tournament where I am bound to get my ass kicked within the first five minutes.) 

The game list isn't too extensive so far and contains fighting, racing, and football (like real football people, not the American version) titles, with Battlefront: Hardline to add some variation.

Would you sign up for this League? Would you compete for the money or just for fun?