Overwatch League Team Owners & Cities Announced

  • Overwatch League Team Owners & Cities Announced

Overwatch League Team Owners & Cities Announced

The involvement of big-name business people and sports legends is evidence of the growing financial prospects of esports.

The Overwatch League will have a number of different revenue streams. Wilpon is another name from traditional sports as the chief operating officer of the New York Mets.

With the addition of two non-endemic ownership groups in traditional sports titans like Kraft and Wilpon, Blizzard sees a combination of skills upon which to build Overwatch League."These traditional sports operators are the best in the world at creating local fans and creating value through a local sports organization", Vlastelica said. Spoont is now the chief executive officer and co-founder of Misfits Gaming. Andy Miller, founder of NRG esports, bought a spot for San Francisco. Now that it's announced, and there are a confirmed 7 cities and owners invested in the league, it's only a matter of time before some of the top-tier teams (Rogue, EnvyUS, Lunatic-Hai, Runaway) buy in. We asked Blizzard if this would be a conflict of interest going forward for the league, and we'll update this story if the respond.

Establishing local teams to compete in an Activision league devoted to its hit video game Overwatch could lead to some of the same treatment as traditional sports, with local matches held in real-world venues and trash-talk by fans wearing garb emblazoned with team logos. But without a peep from Blizzard in months, the Overwatch community was becoming sceptical.

"Overwatch already connects over 30 million players worldwide".

The Overwatch League clearly hopes to fix all of that. Prior to the announcement, he envisioned 16 initial teams rising to as many as 32.

Overwatch League commissioner Nate Nanzer has revealed that Overwatch players will be able to show their support for the new esports competition's many regional teams with in-game items that will be introduced to Blizzard's hit shooter. But that makes the struggle of eSports to leap from Twitch stream to television screen all the more baffling. Still, esports has a reputation as a Wild West with a fractured landscape of teams and leagues that has kept some brand investments at bay.

Seoul:Owned by Kabam, an interactive entertainment company and makers of mobile games including Marvel: Contest of Champions and Transformers: Forged to Fight.

"This isn't just us playing against other Korean teams", Chou said.

Activision Blizzard said it will give an equal share to each team owner of all league-wide net revenue generated through broadcast rights deals, advertising sales, and ticketing. Teams will also get to keep all local revenues that they generate up to a set, undisclosed amount each year. Once that figure is exceeded, a luxury tax is paid to the league, added to the shared revenue pool.

Each pro-team also has the rights to run up to five amateur events in their home territory each year.

For a full rundown of Blizzard's plans for the OWL and how it'll differ from existing esports leagues, here's everything we know about the Overwatch League.