Eight teams paid more than $30 million each to join the Overwatch League – here's everything you need to know before the new season starts (ATVI)

Overwatch League Grand Finals

"Overwatch" is one of the most popular video games in the world, and the international Overwatch League allows the best players to compete as paid professionals.
The 2019 Overwatch League season will start on February 14 with a rematch between last year's grand finalists, the Philadelphia Fusion and defending champion London Spitfire.
Eight new teams have joined the Overwatch League for its upcoming second season, bringing the total number of international teams to 20. Activision Blizzard, the parent company of the Overwatch League, reportedly asked for $30 to $60 million from each new franchise.
Overwatch League players receive a minimum salary of $50,000, healthcare, housing during the season, and a retirement plan. There are about 170 contracted players involved with the league.
The Overwatch League season one finals brought in 10.8 million viewers, according to parent company Activision Blizzard. The finals were streamed on Twitch and broadcast on ABC, ESPN, and Disney XD.

"Overwatch" is one of the most popular video games in the world, and the best players can pursue a career playing the game through the Overwatch League, an international esports league dedicated to the first-person shooter.

Overwatch League's first season launched in December 2017 with 12 teams, nine of which are based in the United States. Those teams signed up players from across the globe, offering a minimum salary of $50,000 and a shot at another $3.8 million in prize money. The season one finals brought in 10.8 million viewers across Twitch, ABC, ESPN, Disney XD and Twitch, according to "Overwatch" publisher and league owner Activision Blizzard.

The 2019 Overwatch League season will start on February 14 with a rematch between last year's grand finalists, the Philadelphia Fusion, and defending champion London Spitfire.

As it enters its second season, the Overwatch League has added eight new teams, expanding the roster to 20 international franchises. According to Jacob Wolf of ESPN, Activision Blizzard asked each new expansion team to pay between $30 and $60 million for the rights to join the league. The 12 founding teams reportedly paid $20 million each to participate in the inaugural season, meaning that the cost of buying in is going up.

We can’t wait for the #OWL2019 season!

Here are the 8 new teams joining the league! pic.twitter.com/zhkrNYDlko
— Overwatch League (@overwatchleague) September 7, 2018

The new teams will expand the international scope of the league with three expansions in China (Hangzhou, Chengdu, and Guangzhou), two in Canada (Toronto and Vancouver), and a team based in Paris. The U.S. welcomes new teams in Washington D.C., and Atlanta. At the bottom of this post you can find a list can see every Overwatch League team, their parent organizations (in parenthesis), and their team colors.

Here's what you need to know about the Overwatch League, the teams, and the key games to watch this season.

Overwatch League turns players into professionals

Each Overwatch team can sign up to 12 salaried players, and the league currently employs more than 170 players in total. Overwatch League players earn a minimum salary of $50,000 a year — complete with healthcare, a retirement savings plan and housing during the course of the season. All Overwatch League players need to be 18 years old by June 1, 2019 to compete.

Top players in the league are reportedly earning more than six figures, and this season Activision is letting teams sign players to contracts that extend up to three years.

Teams acquired players through free agency prior to the start of the season. Expansion teams got first dibs on signing new players from September 9th, while the free agency signing period opened up to all 20 yeams on October 8th. Each Overwatch team was required to sign a minimum of eight players to their pro roster for the 2019 season.

Overwatch Contenders helps develop new talent

To help develop new professional talent, the Overwatch League also has a regional minor league system called Overwatch Contenders. There will be eight Contenders regions in 2019, with eight teams in each region.

Players on a Contenders team can sign a two-way contract with an Overwatch League squad that allows them to compete in both leagues during the season, while earning the same basic benefits as a full-time League player. The only drawback is that a player cannot compete with both their Contenders team and their Overwatch League team in the same week.

2019 Overwatch League schedule and prizes

The 2019 Overwatch League season will start on February 14 with a rematch between last year's grand finalists the Philadelphia Fusion, and defending champion London Spitfire.

Each team will play a 28-match schedule spread across four 5-week periods during the year. Regular season matches will conclude in August and the eight best teams will qualify for the playoffs. Activision Blizzard is offering a $5 million prize pool spread throughout the season, including a $1.1 million purse for the season 2 champions.

The majority of the regular season matches will be played in the league's main arena in Burbank, California, but three teams — the Dallas Fuel, Atlanta Reign, and Los Angeles Valiant — will host matches in their home cities during special weekend events.

See the rest of the story at Business Insider