Activision Blizzard has declared the initial five worldwide cities to accept up the Call of Duty esports franchise, at a revealed expense of $25 million for every team.
New York’s Sterling.VC, Toronto’s OverActive Media, Paris’ c0ntact Gaming LLC, Dallas’ Envy Gaming and’s Atlanta Esports Ventures are the initial five franchisees, all of which as of now have Overwatch League teams.
The city-based group framework for the esports alliance was declared back in February, in the midst of a rebuilding effort that saw 8 percent of its workers laid off. The organization pronounced its aim to concentrate on its core gaming franchises, including CoD, and the expensive franchise bargains structure a key piece of that system.
With team slots in the Overwatch League sold for $20 million and later expansion openings evaluated somewhere in the range of $30 and $60 million, it’s not hard to perceive how the franchise technique claims to Activision Blizzard’s bookkeepers.
Pete Vlastelica, President and CEO at Activision Blizzard Esports Leagues remarks:
“Call of Duty is a game that embodies teamwork and dedication and Call of Duty esports is a celebration of those pillars.
We’re building this league for fans across esports, traditional sports and gaming alike and we’re excited to partner with individuals and organizations who are just as passionate about our vision for the future of Call of Duty esports.
Our early momentum for franchise sales has been strong as we welcome our first five partners.”
The confirmed city teams are not expected to see action until 2020 which is far away, after the current Call of Duty: Black Ops 4 gaming cycle completes. Activision Blizzard CEO Bobby Kotick adds that the company “will announce additional owners and markets later this year.”
Image via Dexerto