The franchise boom in esports is beginning to take off as tournament organizers follow the lead of the NA LCS and the Overwatch League.
The Esports Battle League will be run and operated by Rivalcade, a startup ran by technology entrepreneur and former engineer, Scott O'Leary. The EBL will see eight city-based teams compete across a number of currently undetermined titles.
Although it's not quite the $10-13 million for a spot in the NA LCS or the $20 million to secure a city in the Overwatch League, it will still cost $1 million per franchise position for the Esports Battle League.
ESPN has confirmed that three teams have already signed up with Elevate taking Denver, Circa securing Miami and Simplicity naming Las Vegas as their home.
All three organizations spoke to ESPN regarding the move.
Elevate CEO Brandon Hatfield.
"We believe that franchise leagues have a key place in the future of esports as it matures. My team and I see our brand as a perfect fit for the Denver market. We look forward to growing our local fanbase and contributing to the success of the EBL with Scott and his team."
Simplicity Esports owner and Memphis Grizzlies minority owner Jed Kaplan
"I love what the EBL is doing. They are filling a much needed niche, and it's going to be huge. Our team is 100 percent committed to helping the EBL grow."
Circa eSports CEO Marc Leikach.
"When the EBL approached us about entering, we were highly impressed with the exposure it will bring to the fighting scene. It will definitely bring more visibility to Circa eSports, as well as the other teams, along with creating a great environment for the players. We are excited to see where this puts Circa in the next year."
All three teams have competed across a range of titles including Call of Duty, Halo, Smite, Heroes of the Storm, as well as a variety of fighting games.
It is reported that the league will feature three separate titles, with StarCraft II, Hearthstone, Smite, Counter-Strike: Global Offensive, Rocket League, Marvel vs. Capcom: Infinite, Injustice 2, FIFA 18 and Paladins all being considered.