GM Hans Niemann mentioned on X that he has secured the mandatory funds to play within the $1 million buy-in match alongside GMs Nodirbek Abdusattorov, Fabiano Caruana, and Ian Nepomniachtchi. Organizer Wadim Rosenstein confirmed to Chess.com that funds of all 4 gamers have been secured and that he obtained Niemann’s signed contract, so the $4 million match seems extra prone to happen.
Alongside the launch of his private web site, Niemann’s tweet supplied an replace on the scenario across the $1 million buy-in match that was introduced nearly a month in the past. Because of its uncommon format, which includes quite excessive stakes, the chance of the match truly going down in November appeared unsure, however it’s develop into only a bit extra possible.
“Contracts have been signed, I’ll be taking part in within the 1m Buyin Excessive Curler tournaments, all funds have been secured,” Niemann wrote on X.
Minor updates:
Contracts have been signed, I’ll be taking part in within the 1m Buyin Excessive Curler tournaments, all funds have been secured.Additionally I’ve launched https://t.co/ZwqbWJogwE .
I’ve supplied distinctive perception into my chess profession and growth, outlined precisely how chess modified my… pic.twitter.com/EomKPsoMo4
— Hans Niemann (@HansMokeNiemann) June 11, 2024
Chess.com reached out to occasion organizer Rosenstein, who confirmed that funds are secured for all 4 gamers. We obtained confirmations from Abdusattorov and Caruana and requested Nepomniachtchi for remark.
The buy-in match is scheduled for November 21, 2024, in Dusseldorf, Germany. The format is a double round-robin amongst 4 gamers with six rounds of speedy (15+0) video games. All 4 gamers are required to deliver $1 million to the desk; the winner will stroll away with $2 million. The second-placed participant will get $1.5 million, third will get $0.4 million (dropping $0.6 million on the deal) and the fourth participant will get $0, dropping a full million. $100,000 will go to the organizer.
This outstanding occasion sprung out of a dialog final month on social media platform X between Niemann and Rosenstein, a businessman and proprietor of a conglomerate of corporations referred to as WR Group. Rosenstein additionally organized final yr’s WR Masters in Dusseldorf (February 2023) and the World Fast Workforce Championship (August 2023). He’ll do a second version of the latter occasion August 1-6 in Astana, Kazakhstan, and in addition two model new tournaments October 31-November 3 in Dubai and October 14-18 in London.
When Niemann inquired in regards to the London occasion, Rosenstein got here up with the buy-in format and invited the American GM to it, additionally on X. Every week later, he confirmed the occasion and the gamers to Chess.com. Because it stands now, the match appears on, coinciding with the world championship match between GMs Ding Liren and Gukesh Dommaraju that’s provisionally scheduled between November 20 and December 15, 2024.
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