Esports nowadays is mostly about translating the ongoing action into words. It's so extremely boring and dull. Commentators add literally 0 value to the experience 99% of the time.
I've stopped following esports when it turned into this sensationalist mess.
Games have always been competitive. Even single player games have you competing against the typical fail state, be that running out of time or lives, or reaching a bad ending.
I feel E-Sports is just what they call competitive games when they need to make money off of it. Anything "E-Sports" touches inevitably dies because the focus is not on the market that wants to play, rather the market that will spend the most money. There's plenty of competitive scenes that aren't part of big ring e-sports though, like speedrunning, or the entire Lethal League scene. In the end there's plenty of good stuff to see, and not all e-sports are bad either. Some are just trying to latch onto the title for publicity. It's just turned into a big red flag personally.