Overwatch League to add D.C. and Hangzhou, China, Teams
Overwatch League will include two expansions namely Hangzhou, China and Washington D.C for the upcoming second season. As per the ESPN report, Activision Blizzard has sold two extra spots during Overwatch League to Hangzhou, China, and Washington D.C. moreover; the reports describe that the franchise of Washington D.C seems to be funded by a group which is headed by Mark Ein as well as his Capitol Investment Corp. & other associated venture capital groups.
The League will extend to 20 teams rather than 18 teams which it holds in the previous sessions. The sales of Hangzhou and D.C have brought in a total of 18, after the Overwatch league sold their slots in Toronto, Paris, Atlanta, China ND Guangzhou. Moreover, the league predicts to sell two more slots prior to closing its expansion process.
Chinese Video Sharing Portal
Ein is considered to be the World Team Tennis owner of Washington Kastles & hence known as a successful investor of real estate field and technology. He is also popularly renowned as a minority owner of famous company Xiomatic, which is regarded as the esports-focused parent firm.
Washington D.C is renowned as famous esports area in the location of North America since it is the capital city of the country as well as headquarters of esports firm NRG. The Hangzhou, China enterprise is owned by Bilibili, a Chinese video sharing portal. No information was declared regarding the expansion in terms of finance however it has been reported previously that they must be sold around $ 30 million to $ 60 million.
The rapid expansion of Overwatch league arrived after the league’s originally sought-after 6 extra for the second season has gathered the last-minute interest of several buyers.
About Overwatch Addition
It is stated previously by Blizzard that the second season expansion will end at 18 Overwatch teams in total, but it will further expand to 20 squads by adding Hangzhou and Washington D.C. The two spots seem to be the great addition for the fellow expansion squad:
- Atlanta, Georgia owned by the Cox Enterprises
- Paris, France owned by McCourt Global
- Guangzhou, China owned by Nenking Group
- Toronto, Ontario owned by Kimel Family & Splyce
Blizzard stated many times that it had planned to extend further outside of northern America during the second season of Overwatch League. With the addition to these two group, it would reinforce the League teams with 11 in total on the United States having 1 in Canada, four in Asia and two in Europe.
Free Agent Signing Period
The Overwatch league is presently known to have free agency window which means expansion has time until 7th October to sign up free agent players. By considering it as the due date, it is likely that you will view declaration of other two organizations placed in next month. The Overwatch players have gained the attention of numerous sponsors along with partnerships of T-Mobile, Sour Patch Kids, Disney, and Spotify. The fans are still asking for more squad out of states.
From 8th October onwards, the free agent signing contract period opens up for all squad. As the expansion signing duration coming soon, it is recommended to keep an eye on more official confirmations in future.
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