Well, that would be the exact reason why to say no, the main video gamers are participant orientated and little bit of viewing is more than enough. It is the failed jock strap douche's that watch sports, hour after, boring hour, after oh my super boring hour and they are not bored at all, just deluding themselves that they are on the field ie computer games can of course right there and then enter their field. Also in the real world PvP is not so much player versus player but purse vs purse. The greed balance of selling virtual junk for real currency versus allowing people to win for free. Let people win for free instead of admins logging on with powered up characters kicking those cheap bastards arses who are not spending enough.
Perhaps they should be looking at the Olympics from the other point of view, should they either just stop or end the lies about amateurs or simply stop lying and make it all professional.
The internet delivered a great thing for most geeks and nerds, the opportunity to escape sports broadcasting and the advertising associated with it.