Monday, December 4, 2023
THE ESPORTS ADVOCATE
  • Money
  • People
  • Brands
  • Entertainment
No Result
View All Result
SUBSCRIBE
THE ESPORTS ADVOCATE
No Result
View All Result

Teams Vote to Exit Overwatch League

TEA can confirm that two-thirds of franchisees voted to exit the league.

James FudgebyJames Fudge
November 8, 2023
in Money, Overwatch 2
Report: Big Changes Underway for Overwatch League

Credit: Activision Blizzard

Share on TwitterShare on FacebookShare on LinkedInShare on RedditShare on Weibo

The Esports Advocate has learned that a majority of teams have voted to leave the Overwatch League, though official paperwork (“a final agreement with Activision Blizzard regarding the previously announced termination of its Team Participation Agreement in the Overwatch League” – as noted in InterActive Media’s announcement this morning) has not been submitted to the league by all franchisees. 

You might also like

Russian Lawmakers Propose Cutting Out Esports IP Holders

Apex Legends Global Series Year 4 Partnered Teams Revealed

Global Esports Federation, International Esports Federation Promise Future Cooperation

The announcement from OverActive Media was the first revealing that the Overwatch League as a franchised league was over.  

According to a source at Activision Blizzard, the dissolution of the current league required two-thirds of franchisees to vote to leave and take a previously announced $6M USD payout.

A spokesperson for OverActive Media confirmed with TEA this afternoon that “the vote was held and that the league TPAs [Team Participation Agreement] have been terminated. “

An Activision Blizzard spokesperson declined to comment on specifics related to negotiations between the league and team owners this morning, again pointing us to a statement the company made earlier this year concerning the future of OWL: “With the conclusion of the 2023 Overwatch League season, we will be focusing on building our vision of a revitalized esports program. We’re eager to share more with you as details are finalized.”

Of course this is not the end of Overwatch League; reports have suggested that the league will be run by a third-party tournament operator in 2024. Activision Blizzard also declined to comment on that earlier this week, telling TEA at the time that nothing has been signed with a specific company such as ESL (rumored to be in talks with Activision Blizzard) or finalized.

Tags: Activision BlizzardFranchise FeesFranchised LeaguesGreatest Hits 2023OverActive MediaOverwatch 2Overwatch LeagueTeams
James Fudge

James Fudge

With a career spanning over two decades in the esports and gaming journalism landscape, James Fudge stands as a seasoned veteran and a pivotal figure in the evolution of esports media. His journey began in 1997 at Game-Wire / Avault, where he curated gaming and community news, laying the groundwork for his expertise in the field. In his more recent roles, James cemented his status as an authority in the esports business sphere as Senior Editor Esports at Sports Business Journal and The Esports Observer between 2018 and 2021.

Recommended For You

Russian Lawmakers Propose Cutting Out Esports IP Holders

November 30, 2023
Russia Future Games

Lawmakers in Russia have put forth a proposal that aims to cut out major IP holders out of the picture when operating esports competitions within the country. The...

Read more

Apex Legends Global Series Year 4 Partnered Teams Revealed

November 30, 2023
ALGS-Year-4-Partnered-Teams

Electronic Arts announced Thursday the 12 partnered teams for the 2024 season, or Year 4, of the Apex Legends Global Series (ALGS). Generally, partnered teams get an amount...

Read more

Global Esports Federation, International Esports Federation Promise Future Cooperation

November 27, 2023
GEF IESF plan future cooperation

The Global Esports Federation and the International Esports Federation announced separately Sunday that they have signed a "Letter of Intent" to explore initiatives and collaborations in the future....

Read more

Saudi HRH Prince Faisal Appointed IESF President

November 27, 2023
Saudi Arabia HRH Prince Faisal Named International Esports Federation President

The International Esports Federation (IESF) announced that "Acting President" HRH Prince Faisal bin Bandar bin Sultan Al Saud (Prince Faisal) has been officially elected as the permanent president...

Read more

Evil Geniuses and Golden Guardians Exit LCS in 2024

November 20, 2023
EG Golden Guardians leaving LCS in 2024

The League of Legends Championship Series (LCS) announced Monday that it will narrow down the number of participating teams in the North American league dedicated to League of...

Read more
  • Terms of Service
  • Privacy Statement
  • Subscribe to our Newsletter
  • Our Mission Statement
  • Contact Us

© 2023 The Esports Advocate. All rights reserved.

No Result
View All Result
  • Home
  • Terms of Service
  • Privacy Statement
  • Subscribe to our Newsletter
  • Our Mission Statement
  • Contact Us

© 2023 The Esports Advocate. All rights reserved.

Go to mobile version