Two more owners join the Overwatch League

1:20 | More Sports         These athletes are raking in the most endorsement money

According to earlier reports, Blizzard has set the franchise fee for the Overwatch League as high as $20 million.

There will also be another Overwatch League team based in Los Angles, Stan Kroenke & Josh Kroenke have purchased a franchise as well.

Two more franchises - one in London, and another in Los Angeles - have joined the Overwatch League, Blizzard announced Thursday. This brings the total number of teams in the league up to nine, with teams also in New York, Boston, Shanghai and others. Outside investors including former athletes, traditional sports teams owners, and a Chinese video game company recently added new funding to Cloud9's coffers. "They will enhance our ability to celebrate and reward players and fans in Los Angeles, London, and beyond".

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The addition of a second Los Angeles team contradicts Overwatch League Commissioner Nate Nanzer's statement last month that the league would allow only one team per city.

The Overwatch League is planned to start later this year, with a signing window open for season 1 from August 1 to October 30. It's been announced that players of the league will earn a minimum of $50,000 a year, as well as benefits such as health insurance and retirement plans. Blizzard still needs to sign on more to really flesh out the league but so far, this is looking like a good start.

"Building communities around the best competitive experiences in the world is incredibly rewarding, and the Overwatch League offers the chance to create something special", said Josh Kroenke. It also shows that, just like the National Basketball Association and Major League Baseball, more than one team can be based in a single city. There's always time for more cities to pop up, so we can only hope that Kansas City our home towns will get represented as the Overwatch League continues to grow. "We are thrilled that Cloud9's formidable fan base throughout Europe and the United Kingdom now has a local team to call their own, and can't wait to start representing London in the Overwatch League".

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