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Meg Whitman-Backed Firm to Weigh Sale of Overwatch Team

  • Immortals Gaming has also agreed to sell a Call of Duty team
  • CEO says he’s moving away from city-based esports investments
Activision overwatch
Photographer: Akio Kon/Bloomberg
Updated on

Immortals Gaming Club, one of the early investors in esports, is exploring options for its Overwatch League team, including the possible sale of all or part of the franchise, according to a person with knowledge of the matter.

Known as the Los Angeles Valiant, the team was one of the inaugural franchises in the league, which started play in 2018. The decision reflects a strategic shift by the owners, who agreed to sell another team last week. Initial investors in the league agreed to pay $20 million in franchise fees per team.