Let's say I run a 200 in person tournament, with a 3,000 cash prize for winning. Entry fee is $20. That in itself, gives itself $4, 000 for operating costs, and cash prize. Reminder, these are for small, grass roots organizations.
Any large event that would need sponsorships can and will make a different license with Nintendo. That is listed in the provisions of the agreement.
Can we change the OP as well? It does not have accurate information for NA and EU. I think a lot of people are getting the wrong idea of what these guidelines actually mean