Overwatch and CoD teams owe Blizzard about $ 400 million

The developer has generated more than $ 200 million in franchises in the last five years

THE Activision Blizzard In trouble again. According to journalist Jacob Wolf, teams participating in franchises overwatch And ძCollection of duty It owes the developer $ 390 million to $ 420 million. Wolf also said the delays would be caused by delays due to the Covid-19 pandemic.

In total, each of the 20 Overwatch League players has $ 6 to $ 7.5 million. It will generate between $ 120 million and $ 150 million.

Teams in the Call of Duty League each have $ 22.5 million each. The only amount paid by the franchisee was the initial amount, about $ 2.5 million, before the release of Covid-19 in 2020. Call of Duty payment terms were subject to change, with the franchise starting at $ 25. Million, as reported by ESPN.

Initially, the franchisees requested a deferral of payments until September 2020, after a pandemic hit the planet. At the time, the group said it would make payments in September 2022. But as this deadline approaches, they have asked for a further postponement – this time for early 2024.

During the pandemic, the Overwatch League was able to match the price of its franchise. Thus, the cost of the 12 initial franchises acquired in 2017 is the same as the cost of the eight members of the 2018 expansion.

The total total price of the Overwatch League franchise was about $ 16 million – teams are already paying $ 7.5 to $ 10 million each. That means Activision Blizzard has received about $ 200 million in payments from the Overwatch League over the past five years.

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In 2017, the Overwatch League paid $ 20 million each for its initial 12 franchises, according to an ESPN report, making it the most expensive sports league at the time. In 2018, the league sold eight expansion slots priced from $ 27 million to $ 35 million.

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Via: Jacob Wolf

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