Latest in Gaming

Image credit:

Owning a 'Call of Duty' eSports franchise could cost $25 million

Both the 'CoD' and the 'Overwatch' city-based leagues will kick off in 2020.
347 Shares
Share
Tweet
Share
Save

Sponsored Links

Activision Blizzard is apparently making headway with the launch of the city-based Call of Duty League it announced in February. According to ESPN, an esports executive from the company has already been meeting with prospective buyers -- namely professional CoD teams and Overwatch League owners -- to talk business and tell them that the franchise fee will cost them a whopping $25 million per team slot. That puts its franchise fee in the same price range as the Overwatch League, which also cost the first batch of owners $20 million per team. ESPN says the company later sold expansion slots for between $30 to $60 million.

In addition, the gaming giant is asking potential buyers to indicate their interest within the next 14 days if they want to enter a non-binding deal. While no millions will change hands just yet, interested Overwatch League team owners will reportedly have the first right of negotiation for their respective home markets. Activision Blizzard will likely spend the rest of the year hammering out deals and ironing out the logistics for both city-based Overwatch and CoD leagues, since they're expected to kick off sometime in 2020.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
347 Shares
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Fitbit is reportedly in the early stages of exploring a sale

Fitbit is reportedly in the early stages of exploring a sale

View
Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

View
Three Mile Island's infamous nuclear plant shuts down after 45 years

Three Mile Island's infamous nuclear plant shuts down after 45 years

View
Samsung asks users to be extra careful with the Galaxy Fold

Samsung asks users to be extra careful with the Galaxy Fold

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr