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Final Fate Of Overwatch League To Be Decided By Vote As Blizzard Suffers Massive Esports Layoffs
Activision Blizzard has announced that Overwatch League teams will vote to decide the fate of the league at the end of this season amidst layoffs in their esports division.
This was revealed in the second quarter of the company’s 2023 financial results. The report states:
During the second quarter, we amended certain terms of our collaborative arrangements with team entities participating in the Overwatch League. According to the amended terms, following the conclusion of the current Overwatch League season, the teams will vote on an updated operating agreement. If the teams do not vote to continue under an updated operating agreement, a termination fee of $6 million will be payable to each participating team entity (total fee of approximately $114 million).
Considering how Overwatch 2 has been received since launching in October 2022, this news is not unexpected.
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