SOCOM 3 Release Tournament

Sounds like sony is teaming with gamebattles to host a mega-tournament right after the release of the game. The two companies are in contract negotiations for a live launch tournament for the new "Socom 3" game in October. Kellam (a dude from gamebattles) said the event will be held in New York or Chicago and will pit up to 64 teams of eight members each. In addition to receiving a sum from Sony, he said he expects to attract other sponsors.

See the article I found this in.