Posted in: eSports, Games, Video Games | Tagged: Cox Enterprises, overwatch, Overwatch League

Cox Enterprises Will Join the Overwatch League with a Team Next Season

Published Sun, 29 Jul 2018 11:45:38 -0500

The first season of the Overwatch League may be over, but we already know next season will have at least one new team added to the mix. ESPN is reporting this morning that an expansion team has been confirmed with the ownership being Cox Enterprises, who finalized a deal to bring a team to Atlanta. Here's a snippet from the article.

Expansion slot are expected to sell for $30 million to 60 million, sources told ESPN in June. The specific price depends on the number of bidders, Overwatch player density and general population of each city, according to sources. Slots in the inaugural season sold for $20 million each.

A representative from the Cox-funded group attended the Overwatch League Finals in Brooklyn, New York, on Friday, sources said. In addition to attending the event, he participated in a private owners meeting on Thursday, according to sources. Activision Blizzard CEO Bobby Kotick, Overwatch League commissioner Nate Nanzer, Vlastelica and a number of other Activision Blizzard team business operations and sales staff are also attending the two-day finals event.

If the league wishes to expand, this is the best time to do so — they now officially have a TV deal that will get them to millions of homes across the U.S. It does, however, make us wonder what their plans are for a global expansion as there was word of making a second South Korean team, as well as the possibilities of starting franchises in Toronto, Paris, Stockholm, and Berlin. Time will tell how these ideas eventually come out in the wash, but we do know for certain the U.S. is getting another team.

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