Dylan Loeb McClain discusses the GGGg controversy in his New York Times chess column today: "Team of Three Grandmasters and a 5-Year-Old Highlights the Question of Who Is an Amateur." He notes that the 5-year-old's father, John Fanning, "is an uncle of Shawn Fanning, the founder of Napster, the pioneering Web-based file-sharing company, and for a time he was a majority owner of the company. Dzindzichashvili has taught father and son." As to whether the players were paid, Izoria admits that "his expenses had been covered by John Fanning" but regarding additional payment the GM would only say, “I don’t really want to talk about that.... In European leagues, players are paid 400 to 500 euros for each game.”
The article includes an annotated game -- the last round victory of GM Eugene Perelshteyn over NM Thomas Riccardi to decide the championship. Kenilworth Chess Club members might be pleased to note that the photograph accompanying the story shows members from the Kenilworth B team.
Update: GM Joel Benjamin usefully summarizes the GGGg controversy at the New York Times's "Gambit" blog: "GGGg: A Great Idea or a Stretch?"