Microsoft may lose $120 million as Overwatch League shutdown is confirmed
Compensation payments for all 20 teams add up to a hefty sum.
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- The Overwatch League's 20 teams are currently voting whether or not they want Activision Blizzard to dissolve the league.
- Most are expected to vote to end the league. If this happens, Activision Blizzard — now under Microsoft's wing — will pay each $6 million. This adds up to $120 million in total.
- Each team reportedly paid $7.5 million in fees to play in the league, and millions more in operating costs.
- The Overwatch League has been on the decline for some time now. Activision Blizzard is expected to work with ESL FACEIT Group for the 2024 season of Overwatch esports.
According to a report, Activision Blizzard approached the Overwatch League's 20 franchises with a plan for the future of Overwatch 2 esports, along with a request to cast votes for or against the continuation of the existing league, in October. Though the company hasn't received every organization's proposal yet, it's expected that most will vote to dissolve the Overwatch League.