If you must pay like traditional sports, would you? I would not mind if it has local pricement for my country and the money is going to support teams, not riot games.
tbh i don't see why not -- esports is something i watch very often (and not just valorant -- LoL, csgo, and sometimes rocket league too). if esports ever went PPV i would probably pay for it especially if they unify all the games into one channel (like ESPN for a lot of sports)
sadly that won't happen and we'd probably have to pay a separate subscription for each game. in which case i probably wouldn't