It seems like the Overwatch League is on its last legs
Activision Blizzard is giving teams a chance to vote on its future.
We've known that the Overwatch League has faced its challenges pretty much ever since its second season, when the pandemic shut down all of its plans to create a truly regionalised franchise league. But, while it has grappled and continues to survive, it looks like we're getting ever closer to a future where the Overwatch League will cease to exist.
Because as part of a financial report, Activision Blizzard speaks about the league and how it is now asking the partaking teams to vote on whether they want the league to continue to operate for a 2024 season and beyond. Should the teams decide that the time has come to wrap up the league, Activision Blizzard will pay each team a $6 million termination fee - totalling around $114 million.
As part of the financial document, Activision Blizzard also notes that the Overwatch League comprises less than 1% of its total net revenues.
While teams could look to ensure the future of the league, this is not a great look for the league and will likely be its conclusion, as the $6 million will help teams recoup a fair amount of the buy-in fee that was initially required to acquire a slot in the league.