The Overwatch League is expected to be an appealing esports league for betting purposes. However, teams that are looking to get into the league are being expected to pay a sizeable amount of money to get in.
Blizzard Entertainment is asking for at least $2 million for the rights to get a city-based franchise into the league. That minimum total is being charged for small and medium-size markets alike.
The cost for a franchise in a much larger or major market is even higher. Blizzard is charging as much as $15 million for slots in major cities. Some unnamed sources have also claimed to SportsBusiness Journal that select spots are going for $30 million although it is not certain as to where those teams in particular would be located.
The Overwatch League is expected to be designed with city-based franchises in a manner similar to that of how professional sports leagues operate. The franchise spot fees being charged by Blizzard are higher than that of the costs associated with buying into other competitions. These include League Championship Series spots that are available for a little less than $2 million each.
A number of teams interested in competing in the league have moved to major cities that they want to be based out of. Some reports suggest that teams will be in Los Angeles and Sydney among other places but specifics have yet to be released.
The Overwatch League is expected to start playing during the third quarter of 2017 with a brief abbreviated season. Full seasons are expected to start in 2018.